11 Investing Books Billionaire Warren Buffett Wants You to Read

3. “Common Stocks and Uncommon Profits” by Phillip Fisher

Buffett holds author Phillip Fisher in high esteem saying, “I am an eager reader of whatever Phil has to say, and I recommend him to you.” He also said, “”I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits […] A thorough understanding of the business, obtained by using Phil’s techniques…enables one to make intelligent investment commitments.” The book garnered an average review of 4.4 out of 5 on Amazon, receiving 5 stars from 67% of the 119 customers.

What is the book about? Respected and influential investor, Fisher shares his investment philosophies that are still being used up to now. Though the book was published back in 1958, both investment newbies and gurus still recognize Fisher’s investing principles as their ultimate guide. Buffett said that Fisher’s approach is, “to find something so good — if you don’t pay too much for it — that it will have very, very large growth.”