The Wit and Wisdom of Charles T. Munger: Poor Charlie’s Almanack, Seeking Wisdom, The Most Important Thing, and A Few Lessons for Invenstors and. Poor Charlie’s Almanack has ratings and reviews. Ian said: Best known as Warren Buffett’s long-time and media-shy investment partner, and as th. Poor Charlie\ almanack: rhc \\It:tnd “”dom of Charles T.\Iunger I edited b’ .. well, all thanks to the wit, wisdom, speeches, and writings of Charlie Munger-this.

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A bit ridiculous if you ask me! Though it will likely have a narrow readership, this book is a rare combination of insight, wit, and achievement, strung together with very capable editing and a interesting and visually appealing layout.

Colorful Charlie as Warren describes him speaks wlmanac mind and at some places comes out pretty strong which I liked especially.

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Munger shares with us his wisdom and expound them with great examples. Nevertheless, the book has two flaws that distract from overall superb impression and could be remedied with simple editing: Slug it out one inch at a time, day by almamac. Munger points out that anyone capable of reading critically can drill into the content of their library for usable ideas. Mar 30, Ian Robertson rated it really liked it.

May 27, Douglas rated it it was amazing Shelves: I will say this book is now added to my favorite list. He is coined with the modern concept of a the ‘Multiple Mental Model’, a verily profound thought that basically is the polar opposite of specialization. How to make wise decisions. Don’t be a slave of one discipline, use multiple models. Books by Charles T. Their approach to investing is interesting, because they understand that each decision takes a lot of work to get right.


Also, the actual book is a big, unwieldy coffee table book. He also writes about common pitfalls in lazy thinking and the benefits of disciplined analysis.

He keeps returning to these themes, which is fair enough, it’s mostly a compilation of his speeches, not his fault someone decided to put these together into chwrlie book, but why would the editor of the boo Most people seem to like this book a lot more than I did.

It is a book about how to think.

Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger

And so, people tend to accumulate large mental holdings of fixed conclusions and attitudes that are not often reexamined or changed, even though there is plenty of good evidence that they are wrong. Buffett – the abominable no man. This page was last edited on 10 Octoberat That kind of decision-making skill can serve every area of our lives. If you bat away many things, you don’t clutter yourself. Much Love, Luck and Prosperity!!!

Munger writes about the importance of becoming a lifetime learner.

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Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger by Charles T. Munger

Munger propounds the ‘Multiple Mental Models’ [2] approach to decision making. False precision based on physics envy, destined to recur, and a central reason why the two percent, like Munger and Buffett, are able to beat the market.

At the end of the day – if you live long enough – most people get what they deserve. Copies are available in boxes at the front of the room.

If I put in just a little more, then it’ll work. Even rarer still is to see that author is also a pure intellectual, striving for science-like clarity and validity of his ideas. Discharge your duties faithfully and well.

Munger admires most highly Ben Franklin – an ideal to Munger. More humility almanc go much longer way and, fairly speaking, I’m not interested about what business partners or children think about the author’s personality, especially taking into account psychological bias to speak nicely and sugar-coat in such circumstances – the book consists of a dozen of public talks given by Charlie Munger on various occasions.