The middle ground: growth bought on a price-earnings-to-growth discipline rather than at any price.
The amateur's edge argument from the Magellan record.
“One book that probably made the biggest impact on my career in those early formidable years back in the day was Peter Lynch's 'One Up on Wall Street.'” — David Rolfe
Source: Rolfe on the book that most shaped his early career
Recommended by: David Rolfe, Francisco Garcia Parames and 9 others
Lynch's stock-by-stock walkthrough of how he picked them.
“Peter Lynch's books have some great insights [and] would be great for anyone to read.” — Julian Robertson
Source: Robertson on Peter Lynch's books
Recommended by: Julian Robertson, Mohnish Pabrai and 3 others
Buffett's method as tests of the business, its managers, its finances and price.
Recommended by: Mohnish Pabrai, Bill Ackman, Howard Marks and 1 other
The magic formula: buy cheap stocks with high returns on capital, mechanically.
Recommended by: Mohnish Pabrai and 2 others
Buy good companies, don't overpay, do nothing: Fundsmith's letters and columns.
Pick a narrow patch of smaller companies and know it better than anyone.
The follow-up, aimed squarely at smaller growth companies.
Morningstar's method for paying a fair price for a durable business.
William Ackmanrecommends 3 books here