Warren Buffet Portfolio – 5 Books to Invest like a Legend

Warren Buffet’s portfolio is no secret. He runs a publicly traded company and talks openly about his investment strategy. The following 5 books will teach you how to create your own Warren Buffet portfolio,

Security Analysis

This book is considered to be the bible of value investing by many value investor. The first edition was published in 1934, but the lessons in the book are just as relevant today as they were when the book was written. Warren Buffet swears by the book, and has read it numerous times throughout his life.

Poor Charlies Almanac

This book was written by the vice chairman of Berkshire Hathaway and longtime business partner of Warren Buffet, Charlie Munger. It is a collection of speeches and talks by Munger and gives deep insights into his investment philosophy. Munger was a great admirer of Benjamin Franklin and the title of the book is a play on Franklins famous work “Poor Richards Almanac”

The Essays of Warren Buffett: Lessons for Corporate America

If you want to learn how to create the Warren Buffet Portfolio, then who better to read than Warren Buffet himself. This book is a compilation of essays written by warren himself. Most of these writings are available free via Berkshire Hathaway’s public filings. But this book does a good job of conveniently selecting and organizing the essays, saving the reader a lot of time and headache.

Warren Buffet Portfolio Quote

The Intelligent Investor

This is another book by the father of value Investing, Benjamin Graham. The Intelligent Investor was written more recently in 1949. It is more accessible to the novice value investor compared to Security Analysis. It still does a great job of laying out Grahams value investing philosophy and key concepts like his famous margin of safety.

Margin of Safety: Risk-averse Value Investing Strategies for the Thoughtful Investor

This is a value investing book that has gained somewhat of a cult following. It was written in 1991 by Ben Graham disciple Seth Klarman, the current chairman of Baupost capital. There are very few copies of the book in print, and the book has sold for as much as $2,500! The book goes into details about various value investing concepts and it well worth the read, if you can get your hands on a copy!

Patrick Flood, CFA