Armin Shoar’s Recommended Book List

The Cornerstones of Value

  • Benjamin Graham. 1949. The Intelligent Investor: The Definitive Book on Value Investing. New York, NY, US: Harper & Brothers.

  • Benjamin Graham and David L. Dodd. 2023. Security Analysis: Seventh Edition. New York, NY, US: McGraw-Hill Education.

  • Peter D. Kaufman (Ed.). 2005. Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger. Virginia Beach, VA, US: Donning Company Publishers.

  • Lawrence A. Cunningham (Ed.). 1997. The Essays of Warren Buffett: Lessons for Corporate America. New York, NY, US: The Cunningham Group.

  • Warren E. Buffett. 1977–2023. Berkshire Hathaway Letters to Shareholders. Omaha, NE, US: Berkshire Hathaway Inc.

  • George S. Clason. 1926. The Richest Man in Babylon. New York, NY, US: Penguin Books.

Application & Case Studies

  • Christopher W. Mayer. 2015. 100 Baggers: Stocks That Return 100-to-1 and How to Find Them. Great Falls, VA, US: Laissez Faire Books.

  • Thomas W. Phelps. 1972. 100 to One in the Stock Market. New York, NY, US: Harper & Row.

  • Peter Lynch. 1989. One Up on Wall Street: How to Use What You Already Know to Make Money in the Market. New York, NY, US: Simon & Schuster.

  • Mohnish Pabrai. 2007. The Dhandho Investor: The Low-Risk Value Method to High Returns. Hoboken, NJ, US: Wiley.

  • Guy Spier. 2014. The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment.New York, NY, US: St. Martin’s Press.

  • William N. Thorndike, Jr. 2012. The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success. Boston, MA, US: Harvard Business Review Press.

  • William Green. 2021. Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life. New York, NY, US: Scribner.

  • Gautam Baid. 2019. The Joys of Compounding: The Passionate Pursuit of Lifelong Learning. Hoboken, NJ, US: Wiley.

  • Joel Greenblatt. 2005. The Little Book That Beats the Market. Hoboken, NJ, US: Wiley.

  • Janet Lowe. 2000. Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger. Hoboken, NJ, US: Wiley.

  • Lawrence A. Cunningham and T. Jacob Cunningham. 2023. Buffett’s and Munger’s Unscripted: Conversations with the Berkshire Hathaway Managers. Washington, DC, US: Harriman House.

Biographies & Inspiration

  • Phil Knight. 2016. Shoe Dog: A Memoir by the Creator of Nike. New York, NY, US: Scribner.

The Investor’s Mind

  • Daniel Kahneman. 2011. Thinking, Fast and Slow. New York, NY, US: Farrar, Straus and Giroux.

  • Malcolm Gladwell. 2008. Outliers: The Story of Success. New York, NY, US: Little, Brown and Company.

  • Peter Bevelin. 2007. All I Want to Know Is Where I’m Going to Die So I’ll Never Go There: Buffett and Munger—A Study in Simplicity and Uncommon, Common Sense. Zurich, CH: ECS Publishing.

The Bigger Picture

  • Jared Diamond. 1997. Guns, Germs, and Steel: The Fates of Human Societies. New York, NY, US: W.W. Norton & Company.

  • Nick Timiraos. 2023. Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic—and Prevented Economic Disaster. New York, NY, US: Little, Brown and Company.