6 books that taught Bill Ackman about finance and investing

There is a popular myth that billionaires usually succeed because they follow unconventional paths. While that is mostly true, the reality is more nuanced. Most them never stop studying, never stop learning and reading. They chose books to be their teacher.



Bill Ackman, with a net worth of $9.5 billion believes, in this approach as well. Bill, who is a hedge fund manager and chief executive of Pershing Square Capital Management, has shared the names of some of his favourite investing books for everyone to read and learn from.





Ackman who is often called 'learning machine' is famous for his aggressive investment style. His craft of investing has been a surprise to many over the years, but his consistent success has allowed him to operate with confidence. But this also makes people wonder what shaped Ackman's way of thinking, and how they have contributed all together to his rising empire. Here are 6 books that he has recommended and gives a clue into how ultra successful investor thinks

Security Analysis

Security Analysis by Benjamin Graham & David Dodd was published in 1934. It is widely considered one of the most influential texts on investment, this timeless work has guided countless successful investors, including Warren Buffett.

Quality of Earnings

Quality of Earnings, published in 1987, was authored by Thornton L O’glove. The book is an exceptional guide for investors trying to analyze a company's genuine profit value.

Beating the Street

Peter Lynch is a investing maestro himself which makes his book Beating the Street all the more special. Considered among the investment classics, the book lists 25 rules that Lynch believes are crucial in the art of investing. He calls them his 'golden rules' accumulated through years of investing.

The Intelligent Investor

This a go to guide for anyone trying to navigate the shaky stock market. Published first in 1949, the book by Benjamin Graham has been cited by many stalwarts of investment industry as it educated people on 'value investing' philosophy.

The Essays of Warren Buffet

“The Essays of Warren Buffett: Lessons for Corporate America” has been co authored by Warren Buffett and Lawrence Cunningham. It was initially released in 1997. This book brings together Warren Buffett’s letters to Berkshire Hathaway shareholders, organised by theme. It covers a wide range of topics, including investing, management practices, and corporate governance.

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