Owning high-return, reinvesting businesses and letting time do the work; the style that grew out of Buffett's shift away from cigar butts.
Buy a few outstanding growth companies, research them by scuttlebutt, and hold.
“The late Philip Fisher wrote several books that are very good [including] Common Stocks and Uncommon Profits.” — Arnold Van Den Berg
Source: Van Den Berg on Fisher's books
Recommended by: Arnold Van Den Berg, Bill Stewart and 10 others
Eight CEOs who beat the market by allocating capital, not by running operations.
“…books I've recommended, highlighted to death, or forced on friends.” — Andrew Wilkinson
Source: Andrew Wilkinson's Bookshelf, neverenough.com
Recommended by: Andrew Wilkinson, Dan Loeb, Francois Rochon and 12 others
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
The magic formula: buy cheap stocks with high returns on capital, mechanically.
Recommended by: Mohnish Pabrai and 2 others
What makes a business high quality and worth owning for years at a fair price.
Recommended by: Patrick O'Shaughnessy
Buy good companies, don't overpay, do nothing: Fundsmith's letters and columns.
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
How to spot a durable economic moat from public information, and what isn't one.
Recommended by: Mohnish Pabrai
Subtitled Stocks That Return 100-to-1 and How to Find Them; expanded edition 2025.
Recommended by: Mohnish Pabrai
Wiley catalogue record only; no evidence the book actually reached print.
William Ackmanrecommends 3 books here
Charlie Mungerrecommends 2 books here