Below is a categorized list of books that have helped us think about companies and investments over the years. Micawber may receive a commission on purchases made through these links.

Security Analysis Benjamin Graham
The Intelligent Investor Benjamin Graham
Common Stocks and Uncommon ProfitsPhilip A. Fisher
The Little Book That Beats the MarketJoel Greenblatt
The Little Book That Builds WealthPat Dorsey
Value InvestingBruce Greenwald
The Essays of Warren BuffettLawrence Cunningham
Capital ReturnsEdward Chancellor
Capital AccountEdward Chancellor
Margin of SafetySeth Klarman

Price is what you pay, value is what you get.

Warren Buffett
Competitive StrategyMichael Porter
Understanding Michael PorterJoan Magretta
The Innovator’s Dilemma Clayton Christensen
Competition DemystifiedBruce Greenwald
Billion Dollar LessonsPaul Carroll
Business AdventuresJohn Brooks

The essence of strategy is choosing what not to do.

Michael Porter
More Than You KnowMichael Mauboussin
The Success EquationMichael Mauboussin
Fooled by RandomnessNassim Taleb
The Black SwanNassim Taleb
AntifragileNassim Taleb
InfluenceRobert Cialdini
Thinking in BetsAnnie Duke
Thinking, Fast and SlowDaniel Kahneman

We are busy surviving, herding, fixating on what just happened, and being overconfident!

Joel Greenblatt
Financial ShenanigansHoward Schilit
Quality of EarningsThornton O’Glove
Dead Companies WalkingScott Fearon
The Art of ProfitabilityAdrian Slywotzky
The Art of ShortsellingKathryn Staley
Financial WarningsCharles Mulford
Double Your Profits in 6 Months or LessBob Fifer
Fooling Some of the People All of the TimeDavid Einhorn

Aggressive accounting does not mean illegal accounting.

Ken Lay, former CEO and Chairman of Enron
Biographies/Company Histories
Cable CowboyMark Robichaux
The OutsidersWilliam Thorndike, Jr.
Dream BigCristiane Correa
The SnowballAlice Schroeder
Damn Right!Janet Lowe
Made in AmericaSam Walton
Shoe DogPhil Knight
A Man for All MarketsEdward Thorp
Am I Being Too Subtle?Sam Zell
The Everything StoreBrad Stone
How Google WorksEric Schmidt
Bitter BrewWilliam Knoedelseder
Quench Your Own ThirstJim Koch

For we must indeed have someone according to whom we may regulate our characters; you can never straighten that which is crooked unless you use a ruler.

History/Market History
WashingtonRon Chernow
HamiltonRon Chernow
The House of MorganRon Chernow
Lords of FinanceLiaquat Ahamed
EinsteinWalter Isaacson
The Big ShortMichael Lewis
Liar’s PokerMichael Lewis
When Genius FailedRoger Lowenstein

Those who do not remember the past are condemned to repeat it.

George Santayana
Faraday, Maxwell, and the Electromagnetic FieldNancy Forbes
Weapons of Math DestructionCathy O’Neil
How to Read a BookMortimer Adler
Maritime EconomicsMartin Stopford
The Business of Media DistributionJeffrey Ulin
Moonwalking with EinsteinJoshua Foer
The Master AlgorithmPedro Domingos
Bad BloodJohn Carreyrou

You have to learn all the big ideas in the key disciplines in a way that they’re in a mental latticework in your head and you automatically use them for the rest of your life

Charlie Munger