Collection: Warren Buffett - #255 '2002 Book Recommendations'



[Transcript]

CHARLIE MUNGER 00:00

I neglected to answer the question about what books would we recommend.


The two books that I recommend this year were both sent to me by Berkshire shareholders who thought I might like them, and boy were they right.


The first is called “Ice Age,” which is a description of the past history of glaciation in the last few hundred-thousand years and how they figured out what had happened and why it had happened.


And I think it’s the best book of scientific explanation I have ever read. It’s been published in England and it’s going to be published in the United States this fall. And the airport has like 20 copies — PD Waterhouse — which they did by scrounging all of Canada.


And so, I recommend that book to you, but a lot of you are going to have to wait for the fall, I think.


The other book was “How the Scots Have Helped Create the Modern World.” That’s a subject that’s always interested me, how a tiny, poor, little population of Celtic people had such a huge favorable impact on the world, starting from poverty.


And, of course, it’s related to the Irish, who were a similar ethnic strain with a different religion.


And, it was marvelous book. And I forget the author’s name, but I recommend both of those books to all of you.


WARREN BUFFETT 01:33

Yeah. I’ll recommend a book which may sound a little self-serving, but it nevertheless — I think — I think this group, many of you would enjoy reading about the Berkshire managers.


And Bob Miles has brought out a book and it tells about the people who are handling your capital. And, I don’t think you could have a — well, I know you couldn’t have a better group.


And so therefore, if you feel like reading about them, I would — Bob has done a good job of interviewing — and I would encourage you to read about them.


And I think you’ll like your investment better after you read about the managers than if you just read what Charlie and I write.


Let’s go back to zone 1.


(Source: https://buffett.cnbc.com/2002-berkshire-hathaway-annual-meeting/)

~ Please visit the site above for full video of Berkshire Hathaway Annual Meeting.

 

[YAPSS Takeaway]

1. "Ice Age" by John Gribbin.

2. "How the Scots Invented the Modern World" by Arthur L. Herman.

3. "The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers" by Robert P Miles.