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Buffett's Recommended Books

The Intelligent Investor

By Benjamin Graham (1949)

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Why Buffett Recommends This Book

This is by far the best book on investing ever written. It teaches the difference between investing and speculating, and why you should let Mr. Market work for you, not against you.

Key Takeaway

Investing should be driven by analysis and margin of safety, not market sentiment. The intelligent investor is a realist who sells to optimists and buys from pessimists.