6 Best Books on How Warren Buffett Invested before Becoming a Billionaire
There is some overlap with the 6 Best Books on Value Investing. However, these books will show you how Warren Buffett amassed his fortune from day one, and you’ll see how his approach evolved through the years.
1. The Warren Buffett Way by Robert Hagstrom
This book details how Buffett’s approach has been influenced by Ben Graham, Phil Fisher, and Charlie Munger.
2. The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy by Robert Hagstrom
This book gets even more technical about when to buy, how much to buy, and when to sell.
3. Warren Buffett’s Ground Rules By Jeremy Miller
This is the best breakdown of Buffett’s earliest days as an investor, when he was much more relatable to the average investor. He was also more of an activist than people may realize.
4. The Deals of Warren Buffett: The First $100M by Glen Arnold
This book goes deal-by-deal and shows you how he went from $100K to $100M, which took a few decades.
5. The Outsiders : Eight Unconventional CEOs and Their Radically Rational Blueprint for Success by William Thorndike
This is the best book on capital allocation, “the process of deciding how to deploy the firm’s resources to earn the best possible return for shareholders.” There are a TOTAL of five ways to deploy a firm’s financial resources and ONLY three ways to generate capital.
6. The Snowball: Warren Buffett and the Business of Life by Alice Schroeder
The most comprehensive biography on Buffett, it covers most of his life and the events that shaped his career.