Poor Charlie’s Almanack (the Essential Wit And Wisdom Of Charles T. Munger)

By (author) Charles T. Munger; Edited by Peter D. Kaufman; Foreword by Buffett Warren; Foreword by John Collison
Description:

From the legendary vice-chairman of Berkshire Hathaway, lessons in investment strategy, philanthropy, and living a rational and ethical life.

"A timeless classic that will change how you approach life. There is a billion-dollar education inside this book."—Shane Parrish, founder of Syrus Partners and Farnam Street

"Spend each day trying to be a little wiser than you were when you woke up," Charles T. Munger advises in Poor Charlie’s Almanack. 

Originally published in 2005, this compendium of eleven talks delivered by the legendary Berkshire Hathaway vice-chairman between 1986 and 2007 has become a touchstone for a generation of investors and entrepreneurs seeking to absorb the enduring wit and wisdom of one of the great minds of the 20th and 21st centuries.

Poor Charlie’s Almanack draws on Munger’s encyclopedic knowledge of business, finance, history, philosophy, physics, and ethics—and more besides—to introduce the latticework of mental models that underpin his rational and rigorous approach to life, learning, and decision-making. Delivered with Munger’s characteristic sharp wit and rhetorical flair, it is an essential volume for any reader seeking to go to bed a little wiser than when they woke up.

Table of contents:
Foreword by John B. Collison

Foreword by Warren E. Buffett

Rebuttal by Charles T. Munger

Introduction by Peter D. Kaufman

Chapter 1 A Portrait of Charles T. Munger

Chapter 2 Remembering: The Children on Charlie

Chapter 3 The Munger Approach to Life, Learning, and Decision-Making

Chapter 4 Eleven Talks

Talk One

Harvard School Commencement Speech

Talk One Revisited

Talk Two

A Lesson On Elementary, Worldly Wisdom

Talk Two Revisited

Worldly Wisdom, Updated: Q&A with Charlie

Talk Three 

A Lesson On Elementary, Worldly Wisdom, Revisited

Talk Three Revisited

Talk Four

Practical Thought about Practical Thought?

Talk Four Revisited

Talk Five

Harvard Law School 50th Reunion Address

Talk Five Revisited

Talk Six

Investment Practices of Leading Charitable Foundations

Talk Six Revisited

Talk Seven

Philanthropy Roundtable

Talk Seven Revisited

Talk Eight

The Great Financial Scandal of 2003

Talk Eight Revisited

Talk Nine

Academic Economics

Talk Nine Revisited

Talk Ten

USC Gould School of Law Commencement Address

Talk Eleven

The Psychology of Human Misjudgment

Talk Eleven Revisited

Appendix
Endnotes
Recommended Reading
Acknowledgments
Index
Review quote:
"This book is something of a publishing miracle—never advertised, yet year after year selling many thousands of copies from its Internet site."—Warren Buffett, CEO of Berkshire Hathaway

"Charlie Munger was born before corporate speak, before business leaders minced words to obscure truths. But Charlie Munger’s words have always cut like a knife—and that sharp spirit of truth-seeking built Berkshire into what it is today. We should all aspire to such clarity."—Katherine Boyle, general partner at a16z

“Poor Charlie’s Almanack is a timeless classic that will change how you approach life. There is a billion-dollar education inside this book.” —Shane Parrish, founder of Syrus Partners and Farnam Street