The Most Important Things: Wisdom, Investing, & An Almanack

For my first few book reviews that I will be reviewing will actually be from a set of books that I am currently reading. It’s not an actual book set per se, but I believe it was meaningfully meant to be read together.

I am passionately into investing (in the stock market and many other various investment vehicles), business, and the creation of financial wealth. And I’ve just recently became a passionate student and studier of the world’s most successful investor Warren Buffett.

I’ve read many books about investing in the stock markets. I’ve tried several methods and I’ve made some money, yet I’ve lost more. Overall I haven’t made money in the stock markets cumulatively. The reason being, I believe, is because I was trading stocks rather than investing in them and the businesses they represent.

I’ve known of Warren Buffett for a while but I’ve never read about him or studied his investment philosophies/strategies. I guess it was because his investment strategy wasn’t quite “sexy” like what the mainstream media portrays investing as. I know, how ignorant right. But that’s what majority of the “joe’s” out their see investing.

Anyway, after being frustrated with my losses in the stock market, I decided to look into what the uber successful investor, Warren Buffett, does. And I got hooked.

It just made so much sense to me of how the “Oracle Of Omaha” invests. It’s very contrarian to what the masses of people do in the stock market. With the statistic of 95% of the people whom trades in the stock market loses money, being contrarian to that group only makes sense.

Warren Buffett’s investment strategy is very simple, but very hard for most people to follow through with and to be disciplined to execute. It’s because we have natural human inclinations and habits that go against what Buffett does well.

In this book set, it will lay down the foundation of the philosophy, psychology, and methodology of how the CEO of Berkshire Hathaway Warren Buffett, and equally successful, Vice President Charles “Charlie” Munger thinks and their approach to investing, along with life itself.

  • Seeking Wisdom: From Darwin To Munger By Peter Bevelin
  • The Most Important Thing Illuminated By Howard Marks
  • A Few Lessons For Investors And Managers From Warren Buffett By Peter Bevelin
  • Poor Charlie’s Almanack: The Wit And Wisdom Of Charles T. Munger Edited By Peter D. Kaufman

    As I’ve mentioned these books are sold and recommended to be read together for a reason. Come back soon to find out how they interrelate and my reviews of them.