At the 2007 Berkshire shareholders' meeting, a young man asked Buffett what is the best way to be a good investor.

Buffett replied: "Reading, when I was 10 years old, I read all the investment books I could find in the Omaha Public Library. I read a lot of books twice. You have to put all kinds of thoughts into your head and, over time, figure out which ones are reasonable." Once you do this, it's time to go into the water. " > > >-- excerpt from (VALUE No. 8)

Buffett read a book at the age of 19, which formed a basic way of thinking about investment. He said his way of thinking about investing was based on the book he got at the age of 19, which was Graham's "Smart Investor."

Buffett reads 600 to 1000 pages a day, and up to now he still spends about 80% of his time reading. In order to get closer to the inner world of this investment master, here are 19 books recommended by him in his interviews and letters to shareholders in the past 20 years. Today's class representative first brings you the first collection of the book list.

1. "Smart investors"

Author: Benjamin Graham (Benjamin Graham)

Buffett: "I read a book when I was 19, and my way of thinking is based on what I got from that book when I was 19."

2. Securities Analysis

Authors: Benjamin Graham, David Dode (Benjamin Graham, David L. Dodd)

Buffett called the book another of Graham's groundbreaking books. Buffett was so fascinated by Graham's investment strategy that he was admitted to graduate school at Columbia University in 1950 to study under Graham. The textbook he uses in class is Securities Analysis.

3. "how to choose growth stocks"

Author: Philip Fisher (Philip Fisher)

"I'm passionate about anything Philip says, and I'm always willing to recommend him to you," Buffett said. "

4. Stress Test: reflection on the Financial crisis

Author: Timothy Geithner (Tim Geithner)

Former U.S. Treasury Secretary Timothy Geithner described how he led a government department during the financial crisis. Buffett once said that this book is a must-read for every manager.

5. Jack Welch's autobiography

Author: Jack Welch (Jack Welch)

Buffett praised the book in a 2001 shareholder letter, a business memoir about Jack Welch, a permanent executive at General Electric Co, who Buffett described as smart, energetic and hands-on.

6. "Business outsider"

Author: William Thorndike (William Thorndike Jr.)

Buffett: "A great book!" It describes a lot of CEO that are outstanding in the allocation of capital. "

7. "Cultural conflict: investment or speculation"

Author: John Berg (John Bogle)

The book was recommended by Buffett in his 2012 shareholder letter.

8. "Business Adventure: 12 Classic stories of Wall Street"

Author: John Brooks (John Brooks)

Buffett recommended the book to Bill Gates and said: "I know Bill Gates will like 'Business Adventure'. This book is written for him and for me."

9. "where is the customer's yacht?"

Author: Fred Schweder Jr. (Fred Schwed)

"this is the most interesting book ever about investing," Warren Buffett declared in a 2006 shareholder letter. "this book conveys a lot of really important information about investing."

10. Persuasion Collection

Author: John Maynard Keynes (John Maynard Keynes)

Buffett once said in Outstanding Investor Digest: 'reading Keynes will make you smarter in securities and markets, and I'm not sure reading most economists will have the same effect. "

The representative of the next class will continue to bring you Buffett's recommended book list.