The author believes that the poor and middle class work for money, but the rich work to learn. He advises that America’s educational system is designed to keep people working hard for the rest of their lives, and that the school does a poor job of teaching people to create enough wealth so they won’t have to work anymore.
Buffett – widely considered to be modern history’s most successful investor – provides his views on a variety of topics important to corporate America and shareholders. He outlines his basic business principles (e.g. purchasing shares of businesses at times when stocks are trading at a discount, and he opposes following investing trends).
This book allows the reader to peek into Lynch’s mind and thought processes in terms of deciding whether to buy or sell a stock. Lynch believes that an individual investor could exploit market opportunities better than Wall Street, and encourages investors to invest in what they know.
Graham is considered the “father of value investing”. This book delves into the history of the stock market, and informs the reader on conducting fundamental analysis on a stock.
This book conveys valuable insights into the psychology of success and abundance, and should be considered a priority read given the current time period’s emphasis on shock-value entertainment and negative news.