Warren Buffett

Buffett wrote in Berkshire Hathaway's 2013 shareholder letter that buying Benjamin Graham's The Intelligent Investor changed his financial life and was one of his best investments.

The quote is taken word for word from the source.

Berkshire Hathaway · 2014-03-01 · accessed 2026-06-21

Shareholder letter · Shareholder letter

Buffett's 2013 shareholder letter says he bought The Intelligent Investor in 1949, that his financial life changed with that purchase, and that buying Graham's book was one of his best investments.

Buffett recommended the book in the Bookworm section of Berkshire Hathaway's 2013 annual report, alongside annual-meeting shopping guidance for shareholders.

The quote is taken word for word from the source.

Berkshire Hathaway · 2014-03-01 · accessed 2026-06-21

Shareholder letter · Shareholder letter

In the annual-meeting Bookworm section, Buffett says the store will carry new titles and directly writes that he recommends Forty Chances by Howard G. Buffett. The family relationship is disclosed in the quote and does not change that this is a direct source-backed recommendation.

Buffett highlighted The Outsiders in the Bookworm section of Berkshire Hathaway's 2012 annual report while describing books available to shareholders at the annual meeting.

The quote is taken word for word from the source.

Berkshire Hathaway · 2013-03-01 · accessed 2026-06-21

Shareholder letter · Shareholder letter

In the annual-meeting Bookworm section, Buffett calls The Outsiders an outstanding book about CEOs who excelled at capital allocation and singles out its chapter on Berkshire director Tom Murphy.

Buffett directly recommended the book in the Bookworm section of Berkshire Hathaway's 2012 annual report.

The quote is taken word for word from the source.

Berkshire Hathaway · 2013-03-01 · accessed 2026-06-21

Shareholder letter · Shareholder letter

In the annual-meeting Bookworm section, Buffett directly writes that he recommends The Clash of the Cultures by Jack Bogle and Laura Rittenhouse’s Investing Between the Lines.

Buffett directly recommended the book in the Bookworm section of Berkshire Hathaway's 2012 annual report.

The quote is taken word for word from the source.

Berkshire Hathaway · 2013-03-01 · accessed 2026-06-21

Shareholder letter · Shareholder letter

In the annual-meeting Bookworm section, Buffett directly writes that he recommends The Clash of the Cultures by Jack Bogle and Laura Rittenhouse’s Investing Between the Lines.

Buffett recommended Bogle's index-fund advice and book in Berkshire Hathaway's 2014 annual report while discussing what non-professional investors should do.

The quote is taken word for word from the source.

Berkshire Hathaway · 2015-02-28 · accessed 2026-06-21

Shareholder letter · Shareholder letter

The annual report says: Rather than listen to their siren songs, investors – large and small – should instead read Jack Bogle’s The Little Book of Common Sense Investing.

Buffett highlighted Shoe Dog in the Bookworm section of Berkshire Hathaway's 2016 annual report while noting the annual meeting store would have piles of the book.

The quote is taken word for word from the source.

Berkshire Hathaway · 2017-02-25 · accessed 2026-06-21

Shareholder letter · Shareholder letter

In the annual-meeting Bookworm section, Buffett says Shoe Dog was the best book he read the previous year and says the store will have piles of copies available.

The Howard Marks reference page attributes Buffett's praise to Marks's investment memos and book. This is captured as a citation until a primary Buffett or publisher source is recorded.

This text documents what the source says, but it is not verified as a word-for-word quote.

Wikipedia · reference page · accessed 2026-06-20

Reference · Reference citation

The reference page quotes Buffett saying he reads Marks's memos first and learns from them, adding that the same goes double for Marks's book.