5 books recommended by famous investor Warren Buffett

In an interview, Buffett stated that he spends 5 or 6 hours a day reading books and newspapers. 

According to a compilation by CNBC, here are 5 books recommended by Warren Buffett to date:

1- Shoe Dog / Author: Phil Knight

Buffett described the autobiography of Nike's co-founder as the "best book I've ever read" in 2016.

2- ‘Where Are the Customers’ Yachts? Or a Good Hard Look at Wall Street’ / Author: Fred Schwed

In 2006, Buffett evaluated this book as the "funniest book ever written about investing" and said it easily conveys many very important messages on the subject.

3-‘The Clash of the Cultures: Investment vs. Speculation’ / Author: John C. Bogle

Buffett recommended this book, written by his close friend, famous investor, and creator of the first index fund, John C. Bogle, in his 2012 shareholder letter.

4- The Intelligent Investor PB / Author: Benjamin Graham

Buffett described the autobiography of Nike's co-founder as the "best book I've ever read" in 2016. Buffett said that encountering the book for the first time in 1949 was "one of the luckiest moments of his life." In 2013, he said, "Of all the investments I have made, buying Ben's book was the best."

‘Warren Buffett’s Ground Rules’ / Author: Jeremy C. Miller

Miller's book analyzes the letters Buffett wrote to his partners over a 14-year period from 1956 to 1970 to summarize his investment rules. Buffett says of the book, "If you are interested in investment theory and practice, you will enjoy this book."

News Source: 12punto