Warren Buffett is one of the most successful investors and entrepreneurs in history, with a fortune valued at more than US$100 billion according to Forbes .
Buffett is the CEO of Berkshire Hathaway, a holding company that holds stakes in companies such as Coca-Cola, American Express and Apple, as well as being a generous philanthropist, having promised to donate a large part of his fortune to charities.
Warren Buffett is known for being an avid reader, and often recommends books that he believes will be helpful to entrepreneurs and investors. Reading Buffett's recommended books can be a great way to learn from his vast investment and business experience, as well as gain valuable insights into his unique investment approach and life philosophy.
1. Dream Big
Warren Buffet once said: "My friend – and now partner – Jorge Paulo and his team are among the best businessmen in the world. He is a fantastic person and his story should be an inspiration to all Brazilians, just as it is to me".
Dream Big , a book written by Cristiane Correa, tells the story of three of the greatest Brazilian entrepreneurs: Jorge Paulo Lemann, Marcel Telles and Beto Sicupira. The book shows how they transformed their companies into global giants, such as AB InBev, Burger King and Kraft Heinz, through a unique management approach based on meritocracy, efficiency and corporate culture.
It is essential reading for anyone seeking inspiration and insights on how to build a successful company, even in a challenging business environment.
2. Shoe Dog
Shoe Dog , by Phil Knight, is the fascinating story of the founder of Nike, from his humble beginnings to building one of the most recognized brands in the world.
At 24, Phil Knight decided he wanted to create something different and unique. With a loan of 50 dollars from his father, he founded Nike in 1963, importing high-quality, low-cost sneakers from Japan. Although he was able to quickly sell all of his shoes from the first orders, the path to making Nike one of the most emblematic, innovative and profitable companies in the world was not easy. Knight talks in detail about the risks he faced, the ruthless competitors, as well as his many triumphs and strokes of luck.
The book is a mix of personal memories, business adventures and insights into leadership and innovation. It's a great read for any entrepreneur who wants to learn how to overcome challenges, persevere, and create something that impacts the world.
3. Business Adventures
Business Adventures is Warren Buffet's favorite business book, as well as being recommended by great businessman Bill Gates. It is a set of 12 stories from large companies, such as Ford, General Electric and Xerox.
John Brooks uses these stories to explore important topics in the business world, such as innovation, leadership, financial management, risk and resilience. It describes the failures and triumphs of these entrepreneurs, showing how they overcame obstacles and managed to stand out in a highly competitive market.
Although the book involves business decisions from the 1960s and many things have changed since then, the fundamentals remain unchanged and are as relevant today as they were more than 50 years ago.
4. The Intelligent Investor
According to Warren Buffet it is by far the best book on investing ever written. The book was first published in 1949 and to this day protects investors from making substantial mistakes and teaches them how to develop long-term strategies in the stock market.
The Intelligent Investor , by Benjamin Graham, is a classic of investment literature. The book is essential reading for anyone who wants to invest intelligently and safely. Graham teaches the principles of investment analysis, including how to value companies and how to identify investment opportunities. It is essential reading for anyone looking for security and solidity in their investments.
5. Jack: Straight from the Gut
In his 2001 letter to shareholders, Warren Buffet recommended the incredible book Jack: Straight from the Gut , Secrets of the Executive of the Century. Jack Welch was CEO of GE (General Electric) for almost 20 years and in this book he shares the main knowledge acquired throughout his journey as leader of one of the largest companies in the world.
The book is full of insights into leadership, team management, business strategy and organizational culture. It is a must-read for anyone wanting to learn from one of the most successful business leaders of the 20th century.