The recommends to everyone who wants to learn about Investing

American hedge fund billionaire Bill Ackman is a big fan of self-studying investing.
"You can learn investing by reading books."

Here is the 11-Book-List that he recommends to everyone who wants to learn about Investing.

1. Quality of Earnings by Thornton O’Glove
Earnings are one if not the most important driver of investment performance.
Thornton o'Glove does a phenomenal job of explaining how to analyze earnings and their sustainability/quality.

2. Security Analysis by Benjamin Graham and David L. Dodd
Written by Buffett's mentor, the so-called Father of Value Investing, this is a valuation classic.
It might be too complex for beginners but is a necessary read for more experienced investors.

3. Fooling Some of the People All of the Time by David Einhorn
David Einhorn was one of the few investors who foresaw the 2008 financial crisis.
This book was published a year before, in 2007.
It advocated for effective government regulation, free speech, and fair play.

4. Margin of Safety by Seth Klarman
This book is similar to Graham's The Intelligent Investor.
However, I find it easier to read because of its modern touch.
By the way, it costs over $2000. But I've heard that there's a PDF online...

5. Confidence Game by Christine Richard
Another investor who called the 2008 crisis was the person that recommended all these books, Bill Ackman.
He made over a billion dollars when the collapse happened.
Christine Richard takes the reader on that exciting journey.

6. Beating the Street by Peter Lynch
Lynch wasn't just the most successful fund manager of all time. He's also a great author.
This book is full of investing wisdom and a great start into the investing world.

7. The Essays of Warren Buffett by Warren Buffett & Lawrence A. Cunningham
This book contains the fundamental concepts of decades of Warren Buffett’s shareholder letters.
A must-read for every Buffett fan and aspiring investor.

8. The Intelligent Investor by Benjamin Graham
This book is known as the Bible of Value Investing.
It lays the foundation for intelligent investing.
According to Buffett, it’s the best investment book ever written.

9. You can be a Stock Market Genius by Joel Greenblatt
A practical guide to investing in the stock market.
It explains where individual investors should look for opportunities and how to exploit them.
Focus on:
- Spin-offs
- Restructurings
- Mergers
- Risk Arbitrage

10. One Up on Wall Street by Peter Lynch
Even more famous than Beating the Street is Peter Lynch's first book.
One Up on Wall Street is specifically aimed at retail investors and how they can beat well-trained and highly-paid Wall Street bankers.

11. The Warren Buffett Way by Robert G. Hagstrom
Robert Hagstrom spent a lot of time profoundly analyzing Buffett's investing and business concepts and wrote them down as "the Buffett Way."