Michael Calvey, Co-Managing Partner of Baring Vostok Capital Partners, tells us about his favourite books and authors: historical literature and Warren Buffett.
1. What books have you read recently?
Maybe it's boring but I've been reading a lot of books recently about the Great Depression and about what happened in America and Europe in 1920-s and 1930-s and what happened in specific businesses that ended up becoming very successful afterwards. There are a lot of interesting lessons to learn because we're going through the great recession now. Some of the lessons of that period can be applied today. It's worth spending time to relearn some of those historical lessons.
2. What books would you recommend to read to businessmen?
If you're investing - whether it is on a personal basis or as a professional investor - the only thing you have to do is read every book ever written about Warren Buffett and everything that he has ever written himself. He's the best teacher of investment that has ever existed. I've read everything that he has ever written and everything about him. Everytime I read something that he says I come away with interesting lessons and insights. You don't need time to go further than that, but if you do that's a bonus.
If you're investing - whether it is on a personal basis or as a professional investor - the only thing you have to do is read every book ever written about Warren Buffett and everything that he has ever written himself. He's the best teacher of investment that has ever existed. I've read everything that he has ever written and everything about him. Everytime I read something that he says I come away with interesting lessons and insights. You don't need time to go further than that, but if you do that's a bonus.
