Value Investing & Classics

Explains the “magic formula,” a simple screen that ranks companies by earnings yield and return on capital.

Breaks down Buffett’s approach into business, management, financial and value tenets, with case studies.

The foundational text of value investing. It introduces the margin of safety and the parable of Mr. Market, and separates investing from speculation.

Fisher’s approach to finding outstanding growth companies through qualitative research, including his well-known checklist of what to look for.

Buffett’s shareholder letters organized by theme, covering investing, corporate governance, valuation and more.

Short chapters on risk, market cycles, second-level thinking and why investors cannot predict the future with confidence.

A collection of Charlie Munger’s talks and writing on mental models and worldly wisdom.

The dense original framework for analysing financial statements and valuing securities. A reference more than a quick read.

Klarman’s detailed case for disciplined, risk-averse, bottom-up value investing. Out of print, so new copies are scarce and used prices vary widely; compare listings before you buy.

Yale’s longtime chief investment officer explains the endowment model of diversified, equity-oriented institutional investing.