IntermediatePriority read
The Intelligent Investor
Benjamin Graham
A foundational text on value investing, margin of safety, and investor temperament.
Learning Hub
Books Library
A curated reading library for BSVI members, covering value investing, accounting, business quality, valuation, psychology, and investor biographies.
Sort by priority to follow BSVI’s suggested reading sequence.
Showing 29 books
BeginnerPriority read
Common Stocks and Uncommon Profits
Philip A. Fisher
A practical guide to understanding great businesses, qualitative research, and long-term investing.
BeginnerPriority read
The Outsiders
William N. Thorndike
A study of exceptional CEOs and their disciplined approaches to capital allocation.
AdvancedPriority read
Capital Allocation
David R. Giroux
A practical exploration of capital allocation principles, strategies, and long-term shareholder value creation.
BeginnerPriority read
Poor Charlie's Almanack
Charles T. Munger
Charlie Munger's collected speeches on investing, mental models, incentives, and multidisciplinary thinking.
AdvancedPriority read
Security Analysis
Benjamin Graham and David Dodd
A classic framework for evaluating businesses, balance sheets, and intrinsic value.
Intermediate
Paths to Wealth Through Common Stocks
Philip A. Fisher
Philip Fisher's follow-up work on long-term common stock ownership and growth investing.
Intermediate
Conservative Investors Sleep Well
Philip A. Fisher
Fisher's reflections on conservative investing through business quality, management quality, and durable growth.
Intermediate
Developing an Investment Philosophy
Philip A. Fisher
A short monograph on building a coherent long-term investment philosophy.
BeginnerPriority read
The Warren Buffett Way
Robert G. Hagstrom
An introduction to Warren Buffett's investment philosophy and business-focused approach to investing.
IntermediatePriority read
Quality Investing
Lawrence A. Cunningham, Torkell T. Eide and Patrick Hargreaves
An in-depth framework for identifying and evaluating high-quality businesses.
BeginnerPriority read
On the Hunt for Great Companies
Simon Kold
A practical guide to evaluating business quality and durability.
Intermediate
The Essays of Warren Buffett
Lawrence A. Cunningham and Warren E. Buffett
A curated collection of Warren Buffett's shareholder letters organized by topic.
AdvancedPriority read
Financial Statement Analysis for Value Investing
Stephen Penman and Peter F. Pope
A practitioner-oriented framework for using financial statements in value investing.
IntermediatePriority read
The Most Important Thing
Howard Marks
A concise and thoughtful book on cycles, risk, and investor judgment.
Beginner
The Dhandho Investor
Mohnish Pabrai
An approachable introduction to low-risk, high-uncertainty business analysis.
Beginner
One Up On Wall Street
Peter Lynch and John Rothchild
A readable introduction to everyday observation, business familiarity, and long-term investing.
Advanced
Value Investing
James Montier
A collection of Montier's essays and frameworks on value investing, behavioral finance, and disciplined contrarian thinking.
Advanced
Accounting for Value
Stephen H. Penman
A focused framework for connecting accounting analysis with valuation.
Intermediate
The Little Book of Valuation
Aswath Damodaran
A practical and accessible primer on valuation methods and assumptions.
Advanced
Latticework
Robert G. Hagstrom
A guide to multidisciplinary thinking and intelligent investing through mental models.
Intermediate
Competition Demystified
Bruce C. Greenwald and Judd Kahn
A practical framework for understanding competitive advantage and barriers to entry.
Intermediate
The Joys of Compounding
Gautam Baid
A multidisciplinary approach to investing, decision-making, and long-term compounding.
Advanced
Seeking Wisdom
Peter Bevelin
A classic on mental models, behavioral psychology, and rational decision-making.
Intermediate
Capital Returns
Edward Chancellor
Marathon Asset Management's essays on capital cycles and long-term investing, edited by Edward Chancellor.
Advanced
Financial Shenanigans
Howard M. Schilit, Jeremy Perler and Yoni Engelhart
A practical guide to detecting accounting manipulation and earnings quality issues.
Advanced
Expectations Investing
Michael Mauboussin and Alfred Rappaport
A framework for understanding the expectations embedded in stock prices and identifying mispricing.
Beginner
The Five Rules for Successful Stock Investing
Pat Dorsey
A practical introduction to moats, valuation, and business analysis for individual investors.
Advanced
You Can Be a Stock Market Genius
Joel Greenblatt
The classic guide to investing in spin-offs, restructurings, rights offerings, and other special situations.