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Duan Yongping rarely recommends books in his life; the few he has recommended are these.
One person who built OPPO, vivo, and BBK, and then became a top billionaire by investing in NetEase, Apple, and Moutai.
"Letters to Shareholders" by Warren Buffett
The most important book Duan Yongping values. It comes from Buffett's annual letter to Berkshire Hathaway shareholders, with the core repeatedly emphasizing that buying stocks is buying companies.
"The Charlie Munger Wisdom Book"
He has recommended it multiple times and especially reminds everyone to read the preface written by Li Lu carefully. Duan Yongping once said that Charlie has a way with those "simple but very difficult" things.
"Jack Welch Autobiography"
Welch's experience turning General Electric into the world's largest market value company. If you want to see how top CEOs use people and make decisions, this is the most direct example.
"Built to Last"
Studied perennial companies like 3M, Disney, Walmart, Johnson & Johnson, Sony. Duan Yongping said the point in the book about "not making a checklist" left the deepest impression on him.
"Good to Great"
A sister book to "Built to Last," also about enterprise management. It studies how a group of companies transition from being merely good to achieving more outstanding long-term performance, with cases including Gillette, Kimberly-Clark, Walgreens, and Wells Fargo.