Though not specifically about real estate investing, these books will help you build a strong foundation as you grow your real estate business. Enjoy and scroll down to the bottom to share your favorite business book!
The key takeaway in this brilliant book is Soros' Theory of Reflexivity. In short, the market (whether stocks, housing) tends to overshoot on the upside and overcorrect on the downside. Interestingly, Soros, a hedge fund titan and brilliant philosopher in his own right, was a student at the London School of Economics where he studied under Karl Popper, a renowned philosopher
From the late 1940s through the 1950s, Ben Graham was the teacher, boss and mentor of a young man you may have heard of -- Warren Buffett. If there's one book to read on fundamental asset valuation and risk management, it should be Graham's Intelligent Investor.
Philip Fisher pioneered the idea of growth investing. He embraced technology and appreciated how it stood to transform disparate industries. This book teaches the art of scuttlebutt:
The business grapevine is a remarkable thing. It is amazing what an accurate picture of the relative points of strength and weakness of each company in an industry can be obtained from a representative cross-section of the opinions of those who in one way or another are concerned with any particular company.
There are so many fascinating breakthrough concepts (i.e. anchoring, loss aversion, framing, sunk cost) of behavioral psychology in this book from Daniel Kahneman, winner of the Nobel Prize in Economic Sciences.
An absolute classic in the power of affirmations and a positive mental attitude, Hill's research and writings were spurred by a challenge he received from Andrew Carnegie to interview as many successful people as he could. In this book, you'll learn how Henry Ford used certain principles to achieve astounding success.
Arguably more impactful and actionable than Napoleon Hill's Think and Grow Rich.
The habit of GOING THE EXTRA MILE is no pipe-dream. It pays, and pays handsomely! Moreover, it never forgets! Like other types of investments, the habit of GOING THE EXTRA MILE often yields dividends throughout one's lifetime.
From the creator of the S&P Case-Shiller Home Price Index and Nobel Prize winning economist, the concepts in this book will ring especially true and relevant when looking at the COVID-19 housing, stock market and cryptocurrency boom.
We are susceptible to wild, dangerous speculation. Not just in today's economy and markets, but also over the centuries. This book, written in 1841, highlights the following epic economic bubbles:
Reading this book will prepare you for events like housing, stock and crypto market booms -- you'll even be able to recognize it before most others.
Cited by Warren Buffett as the most influential book for his business success, Dale Carnegie's How to Win Friends & Influence People will teach you some basic yet extremely valuable and often overlooked principles for being well liked and getting cooperation from peers. One key takeaway in this book: what's everyone's favorite word? Their name.
A favorite of Charlie Munger's, this book exposes powerful psychological concepts that will give you an edge whether you're selling a house, negotiating an offer, or dealing with a tenant. One such concept is the Reciprocity Principle.
Who better to learn the art of negotiating than from an FBI hostage negotiator? If you want to avoid frustrating negotiations and concessions and protect your bottom line, this is a must read with immediately applicable concepts communicated through entertaining recounts of the author's high-stakes fieldwork.
This book is by the investing legend who coined the term "ten bagger". Peter Lynch shares his principles for outperforming the market and making sound investment decisions. Hint: start by ignoring the experts, focus on what you know well and therefore have an information edge.
Ever wonder what the rich teach their kids about money that the poor and middle class do not? That's exactly what this classic personal finance book is all about.