Emoji of the artificial intelligence application “ChatGPT”.
artificial intelligence
Two of them have a close relationship with Warren Buffett.
The artificial intelligence application “ChatGPT” nominated a list of the best 5 books for those wishing to become smarter investors in the stock market, and the nominations included two books closely related to the legend of investing in stocks billionaire “Warren Buffett”.
The recommendations for the application of artificial intelligence came from OpenAI, in response to a question by Business Insider journalist Phil Rosen regarding the best book recommendations for someone looking to become a smarter investor in the stock market? “. The list of “ChatGPT” is as follows:
The Intelligent Investor by Benjamin Graham
The book, first published in 1949, is one of the guides for Berkshire Hathaway CEO Warren Buffett.
Considered a classic, The Intelligent Investor is referred to as the bible of value investing – and one of the concepts it touches on is how to determine a company’s intrinsic value.
“One Up On Wall Street,” by Peter Lynch
The book is a realistic experience written by “Lynch” regarding his work as an investment fund manager, and was first published in 1989. It speaks in clear language regarding how to read financial statements and develop a winning stock portfolio.
“A Random Walk on Wall Street” by Burton Malkiel
This book is regarding “efficient market theory and how it affects investment strategies,” wrote the application of artificial intelligence.
Malkiel points out that the prices of various assets are showing signs of a “random walk”, making it hard to beat the market consistently. In the author’s opinion, passive strategies such as index funds can lead to more positive results for most investors.
“The Little Book of Common Sense Investing” by John C. Bogle
Vanguard founder John C. Bogle argues in his 2007 book that passive investing is a more reliable and profitable approach than active management.
“The Essays of Warren Buffett,” by Lawrence Cunningham
Selected by ChatGPT, the book includes a collection of billionaire Buffett’s views that appeared in his annual letters to shareholders, revealing insights into his investment philosophy and many years of correspondence with Berkshire Hathaway investors.
ChatGPT concluded, “These books provide a solid foundation for understanding how to invest in the stock market smartly.”
