Buffett — widely regarded as the best investor alive — has used the same strategy of value investing taught by Graham for decades. So Buffett suggested that Lockerbie reread Graham’s books and focus on the chapters about the psychology of investing, Lockerbie said. In addition, Lockerbie told “The Good Life,” Buffett recommended he read two books by the late economics commentator George Goodman, who wrote under the pen name “Adam Smith.”Here are the books Lockerbie said Buffett recommended. I thought you guys were dead, but now that I found out that you’re alive and teaching at Columbia, I would really like to come,’” Buffett said in HBO’s “Becoming Warren Buffett.” (Buffett got his Master’s there.) After all, “my financial life changed with that purchase [of ‘Intelligent Investor’],” Buffett wrote in his 2013 letter to Berkshire Hathaway shareholders.

Source: The Standard December 26, 2020 17:03 UTC