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5 Billionaires Share Their Favorite Book.

By Alcides Alvarado

Books can have a huge impact in your life and also can reflect your interest, that why is so important to learn how to chose them, I really enjoy reading and that’s one of the reasons I’m always checking for new books to read. A great source to find good books is to look for the ones that successful people reads and here are 5 of my favorites that I have found very helpful:

 

Benjamin Franklin: An American Life

By: Walter Isaacson

 Elon musk

Musk has said that Ben Franklin is one of his heroes.

In Franklin’s biography, “you can see how [Franklin] was an entrepreneur,” Musk Said in an interview “He was an entrepreneur. He started from nothing. He was just a runaway kid.”

Something about that is similar to Musk’s story — growing up in Pretoria, South Africa, going to school in Canada, transferring to the University of Pennsylvania, then using an invitation to Stanford University’s Ph.D. program to land in Silicon Valley.

Memos from the Chairman

by Alan Greenberg

Jeff Bezos.

“A collection of memos to employees by the chairman of the now-defunct investment bank Bear Stearns. In his memos, Greenberg is constantly restating the bank’s core values, especially modesty and frugality. His repetition of wisdom from a fictional philosopher presages Amazon’s annual recycling of its original 1997 letter to shareholders,” Stone writes

 

‘The Intelligent Investor’

by Benjamin Graham

Warren Buffet.

When Buffett was 19, he picked up a copy of legendary Wall Streeter Benjamin Graham’s “The Intelligent Investor.”

It was one of the luckiest moments of his life, he said because it gave him the intellectual framework for investing.

“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information,” Buffet Said “What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. This book precisely and clearly prescribes the proper framework. You must provide the emotional discipline.”

 

The Rational Optimist’

by Matt Ridley

Mark Zuckerberg

“The Rational Optimist,” first published in 2010, is the most popular and perhaps the most controversial of popular science writer Matt Ridley’s books.

In it, he argues that the concept of markets is the source of human progress, and that progress is accelerated when they are kept as free as possible. The resulting evolution of ideas will consistently allow humankind to improve its living conditions, despite the threats of climate change and overpopulation.

Zuckerberg says that he picked up this book because it posits the inverse theory of “Why Nations Fail,” which argues that social and political forces control economic forces. “I’m interested to see which idea resonates more after exploring both frameworks,” Zuckerberg Write.

 

5 BOOKS THAT YOU NEED TO READ BEFORE START A BUSINESS

 

Rework

by Jason Fried & David Heinemeier Hansson

Mark Cuban

While many entrepreneurship books target those already “living the dream,” this one is for everyone. It’s straightforward language and simple lessons work for anyone who dreams of striking out on their own, including people still stuck in day jobs, those recently laid off or downsized, small business owners, starving artists who don’t want to starve anymore, and more.

And if you’ve ever wanted to know whether an MBA is worth the money, apparently getting this book for less than twenty bucks may be the better decision: “If given a choice between investing in someone who has read Rework or has an MBA, I’m investing in Rework every time. A must read for every entrepreneur.”

In-N-Out Burger

By: Stacy Perman

Sir Richard Branson

Subtitle: A Behind-the-Counter Look at the Fast-Food Chain That Breaks All the Rules

Author: Stacy Perman

A tasty look at the Southern California burger joint that’s stayed true to its origins for decades, creating a cult following.

Why It’s Inspiring: The continued success of this family business provides a counter-narrative to the endless mantra of “disruptive innovation.”

Fun Factoid: The guy who wrote the In-N-Out commercial jingle made enough in royalties to support himself for several years.

Best Quote: “When famed restaurant The French Laundry reached its 12th anniversary in 2006, its Michelin-starred chef Thomas Keller, a longtime fan, celebrated with his staff by having three hundred In-N-Out burgers and a small mountain of fries delivered to the restaurant. That same year, in something of a tribute, Keller was photographed in the April issue of Food & Wine magazine sitting at a booth in the Napa Valley In-N-Out wearing one of the chains paper cadet hats, the restaurant’s manager sitting across from him.”

 

If you have more suggestion feel free to comment below!

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