Warren Buffet is one of the most wealthy men in the world right now, with a net worth of $85 billion. Born in Omaha, Nebraska, Buffet taught himself how to analyze the stock market in order to pick the most profitable investments. He gives credit to everything he knows about investing toThe Intelligent Investorby Benjamin Graham, which was originally published in 1949. In it, you will get an overview of exactly how Buffet decides where to put his money. In essence, he never blindly trusts a stock broker with his money. Instead, he does a lot of research into each and every company to see if it will truly make a profit. He calls this “value investing”. Not sure how to find a valuable stock? Might as well read the book to find out!
3. One Thousand Ways to Make $1,000 by F. C. Minaker
Yet another favorite from Warren Buffet’s childhood library was One Thousand Ways to Make $1,000. The book was originally published in 1936, so some of these ideas may seem a bit outdated. However, this book still gives you a lot of amazing ideas on how you can make money doing practically anything, as long as you set your mind to it. The book is currently out of print, so if you want a physical copy, it’s expensive. However, if you get Kindle Unlimited, the e-book is available for free.
Jack Welch was the CEO of General Electric who helped build the company’s market cap to an impressive $450 billion. Instead of trying to change himself to fit the business work, Jack Welch brought his personality and unique perspective to his projects. Jack: Straight From the Gut is essentially an autobiography on how he started making just $10,000 a year to becoming a billionaire. It should inspire anyone who is trying to move forward in their career stay true to themselves, no matter what the circumstances. This is also a great book for anyone who is currently a manager or running a company, because his advice is so straight-forward, it almost seems like common sense, but it just may lead to a lightbulb moment.
1. Business Adventures: Twelve Classic Tales of the World of Wallstreet by John Brooks
Both Bill Gates and Warren Buffet have recommended Business Adventures: Twelve Classic Tales of the World of Wallstreet by John Brooks for aspiring business people. This book goes through stories of huge defining moments in companies like General Electric, Ford, and Xerox. John Brooks gives deep and valuable insight into business culture, and his prose is straight-forward and easy to understand. Through each story, you can walk away with a valuable lesson on what you should and should not do in the course of your entrepreneurial journey.