A curated list of resources for learning value investing, compounding wealth sustainably, and finding great businesses.

"Value and growth are joined at the hip. Growth may be a negligible consideration or a major factor in estimating a business's future prospects. We consider the term 'value investing' to be redundant. What else is investing other than the search for value?" --Warren Buffett

Someday, we won't have to write whole books about the difference between investing and speculation. Until then... there's Awesome Value Investing.

Contributions and feedback are welcome. Please open a pull request or message me at @learner-long-life.

Inspired by awesome-machine-learning

All Books As a List / Bookshelf on GoodReads

All Videos As a Playlist on Youtube

For a complete beginner who wants to understand successful investing basics, starting with equities (stocks), with general principles that can be applied to bonds, real estate, and other assets.

[One Up on Wall Street] Peter Lynch Recommended by Mohnish Pabrai, 1994

Investors who have achieved market returns over long periods of time.

The chairman and CEO of Berkshire Hathaway.

Warren Buffett Archive

Warren Buffet: An Illustrated Biography of the World's Most Successful Investor

• by Ayano Morio
• Published 2004
• Given away as a prize to his class by Joel Greenblatt

Buffett: The Making of an American Capitalist

• Roger Lowenstein

The Snowball: Warren Buffett and the Business of Life

• Alice Schroeder

The Essays of Warren Buffett : Lessons for Corporate America

• By Warren Buffett
• Edited by Larry Cunningham

The Deals of Warren Buffett

• Volume 1
• Volume 2
• Volume 3: Making America’s largest company
• By Glen Arnold

The Warren Buffet Way

• Third Edition
• Published 2014
• By Robert G. Hagstrom

The vice chairman of Berkshire Hathaway. Formerly chairman and chief investment officer of The Daily Journal Corporation and Wesco Financial.

Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger

• Janet Lowe

The co-founder of Oaktree Capital Management with Bruce Karsh.

Mastering the Market Cycle

• by Howard Marks.

The Most Important Thing

• by Howard Marks

Howard's Memos to Oaktree Investors

2023 Ivey Value Conference Keynote Speaker: Howard Marks

• Posted 2023 June 1

The manager of Fidelity's Magellan fund for 13 years, popularizer of the notion that the ordinary retail investor can beat the market by understanding their circle of competence.

Creator of the Templeton Fund (now Templeton Franklin), an American investor who pioneered international investing starting in World War II, was knighted in the UK, and continued to run his fund remotely in the Bahamas.

The founder and chairman of Gotham Capital Management. Co-creator of Value Investor's Club

Manager of Vanguard's Low-cost Equity Fund

Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing

• By Joel Tillinghast

• Taught by Joel Greenblatt
• At Internet Archive
• At Focused Compounding

Founder and Managing Partner at Pabrai Funds and Dakshana Foundation.

Founder and Managing Partner of Aquamarine Capital and the ValueX Conference.

23 August 2023 - Behind the Balance Sheet Interview

Chairman of Baupost Group in Boston, Massachusetts.

[Margin of Safety] by Seth Klarman.

(https://youtu.be/wHsEt6MchhE]

The founder of Scion Capital, (now Scion Asset Management) made famous in the movie [The Big Short] where he was portrayed by Christian Bale, as the hedge fund manager who successfully shorted the housing bubble in the Global Financial Crisis of 2007-2008 and made

Burry Twitter Archive because he occasionally deletes all his tweets, as if he knows the black helicopters are coming for him.

Walter Schloss was one of the original students of Ben Graham and worked alongside Warren Buffett at Graham-Newman Corporation. He was listed as one of the Super-investors of Graham and Doddsville and ran a private investing partnership for over 40 years that achieved 15% after fees, compared to the S&P 500's 10% during the same time period.

with his son Edwin, sitting at Tweedy, Browne for 40 years with only four filing cabinets.

Walter Schloss Archive

Walter Schloss Biography Article from Fordham Gabelli Center.

The Right Stuff: Why Walter Schloss is Such a Great Investor, an interview reprinted from Barrons in 1958.

• -2010 Chief Investment Officer and Co-CEO of GEICO
• 2011-2019 SQ Advisers
• d. 2022, 85 yo

The stand-by investor ready to take over Berkshire Hathaway for many years if anything happened to Buffett and Munger.

Lou Simpson: The Disciplined Investor

• Chapter One of Concentrated Investing

[Interview with Kellogg School of Management] (https://insight.kellogg.northwestern.edu/article/investment-great-lou-simpson-explains-portfolio-strategy)

Co-Investment Officer at Berkshire Hathaway.

Co-Investment Officer at Berkshire Hathaway, CEO of GEICO.

The complete list of books is available as the Awesome Value Investing Bookshelf on Goodreads.

• The Intelligent Investor
  • by Benjamin Graham.

• https://www.youtube.com/watch?v=cJD98Ax_muk

  • by Michael Mauboussin
  • Recommended by Gautam Baid

• The P/E Ratio: A User's Manual

  • Epoch Investments
  • Recommended by Gautam Baid

The Joys of Compounding

• by Gautam Baid
• Published 2019.

The Education of a Value Investor

• by Guy Spier

Poor Charlie's Almanack

• by Charlie Munger
• Edited by Peter Kaufman
• Expanded Third Edition, 2008

Seeking Wisdom

• by Peter Bevelin
• Published 2003

• The Psychology of Money

  • By Morgan Housel

• Thinking in Bets

  • By Annie Duke

• Richer Wiser Happier
  • By William Green

Common Stocks and Uncommon Profits

• by Phil Fisher
• Published 1958
• Recommended by Warren Buffett Summary The classic work on investing in companies based on their quality, common mistakes investors make with respect to quality, and dimensions of investment criteria. Often presented as a counterpoint to Ben Graham's approach to investing based purely on quantitative criteria or egregious underpricing.

Quality of Earnings

• By Thornton L. O'Glove
• Recommended by Gautam Baid

• How to Buy Stocks
  • Recommended by Seth Klarman

• Trillion Dollar Triage

  • By Nick Timiraos
  • Recommended by Warren Buffett at 2022 Berkshire Meeting, Omaha Bookworm

• What I Learned About Investing From Charles Darwin

  • By Pulak Prasad
  • Recommended by Mohnish Pabrai to Guy Spier

• Colonel Harland Sanders: The Autobiography of the Original Celebrity Chef

• Saber Capital Management Notes

  • Recommend by Gautam Baid

• Peterson Capital Management Research

• Semper Augustus Investment Client Letters

• What businesses in the S&P 500 will be better 5 years from now?
  • From a conversation between Charlie Munger and Tod Combs
  • Reported in interview, Columbia's Heilbrunn Center for Value Investing Annual Breakfast 2023
  • Mentioned in Guy Spier's Behind the Balance Sheet interview

In-person and online events to learn and practice value investing by meeting and being around other value investors.

2023 ebay Auction

[2022 Auction](https://web.archive.org/web/20221117203216/https://www.ebay.ch/itm/1256077884230

• Gurufocus
• Dataroma
• Hedgefollow