6 great books Bill Gates and Warren Buffett suggest you should read

Bill Gates and Warren Buffett read 50 books in a year because they love reading. Warren Buffett once told in an interview that about 80% of his day is spent on reading.

The following are the 6 books recommended by the two industry leaders you should read.

Books Recommended by Bill Gates

1: Shoe Dog: A Memoir by the Creator of Nike

Bill Gates named Shoe Dog one of his five favorite books of 2016 and called it “an amazing tale, a refreshingly honest reminder of what the path to business success really looks like. It’s a messy, perilous, and chaotic journey, riddled with mistakes, endless struggles, and sacrifice. Phil Knight opens up in ways few CEOs are willing to do.”

2: Stress Test: Reflections on Financial Crises 

Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s.

3: The Myth of the Strong Leader: Political Leadership in the Modern Age

Overturning many of our assumptions about the twentieth century's most important figures, Brown's conclusions are both original and enlightening. The Myth of the Strong Leader compels us to reassess the leaders who have shaped our world - and to reconsider how we should choose and evaluate those who will lead us into the future.

Books Recommended by Warren Buffett

4: The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

In this refreshing, counterintuitive book, author Will Thorndike brings to bear the analytical wisdom of a successful career in investing, closely evaluating the performance of companies and their leaders. You will meet eight individualistic CEOs whose firms’ average returns outperformed the S&P 500 by a factor of twenty—in other words, an investment of $10,000 with each of these CEOs, on average, would have been worth over $1.5 million twenty-five years later.

5: The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)

Howard Marks, the chairman, and co-founder of Oaktree Capital Management is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all readers can benefit from Marks's wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor.

6: Dream Big (Sonho Grande): How the Brazilian Trio behind 3G Capital - Jorge Paulo Lemann, Marcel Telles and Beto Sicupira Acquired Anheuser-Busch, Burger King and Heinz

Jorge Paulo Lemann, Marcel Telles and Beto Sicupira built, in little more than four decades, the greatest empire in the history of Brazilian capitalism and gained an unprecedented projection on the world stage. In the past five years they have bought no less than three globally known American brands: Budweiser, Burger King and Heinz. All of this in absolute discretion, striving to stay out of the spotlight. The management formula they developed, followed fervently by their employees, is based on meritocracy, simplicity and an unremitting search for cost reduction. A culture as efficient as it is relentless, where there is no room for mediocre performance. On the other hand, those who bring exceptional results have the chance to become partners in their companies and make a fortune. Dream big is the detailed behind-the-scenes account of the trajectory of these entrepreneurs from the founding of the Garantia bank in the 1970s to the present day.