What great entrepreneurs and great investors have in common...

Those who can’t do, read.

Since I haven’t managed either entrepreneurial success or investing greatness, I read a lot.

I’m naturally attracted to biographies. It seems that both the great entrepreneurs and great investors have the following life event in common - abject failure. Hitting bottom. Then building themselves up from where they started.

There are plenty of book recommendations about great entrepreneurs and how they build their empires. There aren’t too many recommendations on the stories of how the best investors taught themselves the art and science of investing. Even books written by the greats like Templeton and Peter Lynch focus on their investing methods, not how they learnt their lessons. Warren Buffett is an exception. If you’re interested in his life I recommend “Snowball” by Alice Schroeder UK US.

Here’s my list of great investor life stories. Since it is the financial sector, I’ve graded the books in order of ascending testosterone levels, so you can pick your poison.

Normal testosterone

1. Free Capital: How 12 private investors made millions in the stock market by Guy Thomas UK US

2. The Value Investors: Lessons from the World's Top Fund Managers by Ronald Chan UK US

High testosterone

3. The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds by Maneet Ahuja  UK US

4. More Money Than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby UK US