Buffett: The Making of an American Capitalist, by Roger Lowenstein.
It ultimately led me down a path that changed a lot about how I approached investing, and how I perform value appraisal / how I view value in general across all aspects of life. The principles of value investing and value judging apply to most things, rather than being narrowly limited to eg stock investing. It introduced me to some of the basic foundations of value investing. It's not a super renowned book (ala Ben Graham's various treatises on value investing), however it's my favorite Buffett book regardless and the one I most often recommend to new investors.
Price is what you pay, value is what you get. Such a simple concept, so extraordinarily important as a distinction.
It ultimately led me down a path that changed a lot about how I approached investing, and how I perform value appraisal / how I view value in general across all aspects of life. The principles of value investing and value judging apply to most things, rather than being narrowly limited to eg stock investing. It introduced me to some of the basic foundations of value investing. It's not a super renowned book (ala Ben Graham's various treatises on value investing), however it's my favorite Buffett book regardless and the one I most often recommend to new investors.
Price is what you pay, value is what you get. Such a simple concept, so extraordinarily important as a distinction.