5 investment books for you (Part 1)

During my 10 years in startup life. I want to introduce the 5 investment books for you:

1.Rich Dad, Poor Dad

This is a series of books about the lives of two rich and poor fathers (both financially and spiritually) by author, Mr. Robert Kiyosaki.

It helps us know how successful and happy people’s minds are different from those of unsuccessful and unhappy people.

This series has 13 books, you should start with Volume 1 because it covers every major topic in the remaining 12 books.

Over the past 10 years, I have read this series of books continuously and found myself going through the same ups and downs as the main character in the work.

However, I always move forward confidently, because I know that the best things will be waiting for me as I persevere toward the goal.

2.Think and Grow Rich

This is a classic book on finance and personal development by author Napoleon Hill.

This book was born when Napoleon Hill met the richest man in America at that time, the King of Steel – Andrew Carnegie to learn.

Anh was given the great challenge of how to get a book that created success for others.

Then Napoleon Hill spent decades interviewing some of the most successful people in the world, to find the general formula summed up in this book.

Thanks to reading this book, I have trained myself in the habit of always taking note of the good and bad things I encounter.

You should read the Rich Dad, Poor Dad series first for inspiration, and an easy understanding of this topic of finance and getting rich, then you should read Think and Grow Rich.

3.Warren Buffet – The making of an American Capitalist

If you love value investing theory, you should read about Warren Buffet. He is the legendary investor, the Oracle of Omaha .

He is a typical example of a person who has been passionate about financial business numbers since childhood, the passion to get rich has always been haunting him.

He started his career as a stock investor by buying stocks at the age of 11 and has continued to enjoy his career until he is over 90 years old now.

This book helps you to have the mindset of a professional, serious investor when participating in any investment deal.

In addition, you will get a lot of inspiration when you read many beautiful quotes of Warren Buffet that help turn the financial industry, investing from a dry field, to becoming exciting for many people.

I also regularly save the “100 best quotes of Warren Buffet” to listen to, every time I do a new business or investment project to make the right decisions for myself.

4.The Intelligent Investor – Benjamin Graham

This is the most classic book in the field of investment, especially the stock investment industry.

These principles of author Benjamin Graham are still widely applied today.

If you read any of the letters Warren Buffet wrote to their shareholders in the first investment partnership he opened, when he ran the Berkshire Hathaway fund, he wrote a lot about investment principles. This is created by Benjamin Graham.

This book is actually quite difficult to read because it is all specialized terms, the first time I read the whole book, I did not understand anything.

It took three or four years after doing the real thing, going back to read this book a second time, to find all the knowledge in this very good and practical.

Warren Buffet on his honeymoon with his wife, just lying at the hotel all day to finish reading this book is right.

5.Common Stocks and Uncommon Profits – Philip Fisher

If the philosophy of Benjamin Graham is to focus on buying stock in a company at an incredibly low price and make profiting from it in many ways

Even with the company going bankrupt, having to liquidate all its assets to pay debts to shareholders are still profitable

The approach in Philip Fisher’s book Common Stocks, Extraordinary Returns is very different.

It’s taking the time to do your due diligence to find good stocks in great companies and then hold them for years to profit from them.

A typical example is Motorola stock, which Philip Fisher bought, held for decades until his death, and that stock has yielded as much as his entire portfolio in his life.

As Warren Buffet said at the beginning of his investing career, “I’m 85% of Benjamin Graham, 15% of Philip Fisher,” and over time, everyone noticed that Warren Buffet looked more and more like Philip Fisher in investment style.

(End)