When there are new books recommended by charlie munger i sit up and take notice. In this summary of poor charlies almanack, ive extracted the most important points. Books recommended by berkshire hathaways charlie munger. Over the years, ive put together a charlie munger reading list. Munger, along with buffett, is one of the main inspirations behind the book seeking wisdom. At 31 years old, charlie munger was divorced, broke, and burying his 9 year old son, who had died from cancer. Goldstein s book almost reads like a marketing manual, from its laws of scarcity and reciprocity, to its focus on the influence of positive rather than negative values. This blog only contains content featuring or recommended by billionaires. Stock investor makes selfdirected investing easy with investment recommendations from our investing experts. Risk all investment evaluations should begin by measuring risk, especially reputational. Over the years theyve shared book recommendations and insights gained from their favorite reads with berkshire hathaway shareholders. Goldsteins book almost reads like a marketing manual, from its laws of scarcity and reciprocity, to its focus on the influence of positive rather than negative values.
Buffetts partner charlie munger share the key to wisdom cnbc. Munger is known to read quite a lot of books on varying topics. Books recommended by charlie munger the ceo library. This is the book that all of us that us who love the wit and wisdom of mr. For those wanting to learn more about how buffett thinks, buffett gives plenty of book recommendations. Popular recommended by charlie munger books goodreads. Click here and here to see warren buffetts and charlie munger s book recommendations over the years poor charlie s almanack, edited by peter kaufman originally published in 2005. Munger and, most importantly, finally allows all of us to read and study mr.
In the appendix of poor charlies almanac, theres a list of 20 books which mungers recommends. Aug 20, 2014 in book recommendations from billionaire charlie munger that will make you smarter, it is not 100% clear what the source is but shane knows his stuff. Heres a list of every book warren buffett has recommended. Berkshire hathaway ceo warren buffett, vice chairman charlie munger and microsoft cofounder bill gates speak to cnbc s becky quick about their current book recommendations. If charlie munger didnt quit when he was divorced, broke. Charlie munger is warren buffetts partner and vicechairman at berkshire hathaway, the investment conglomerate. The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage. Poor charlie s almanack, edited by peter kaufman originally published in 2005.
In the appendix of poor charlies almanac, theres a list of 20 books that munger recommends. In book recommendations from billionaire charlie munger that will make you smarter, we covered off some of the books that hes recommended to readers and berkshire hathaway shareholders over the years. As vice chairman of berkshire hathaway, charlie munger is warren buffetts righthand man. Warren buffett and charlie munger answer a question on disney and recommend books at the 1996 berkshire hathaway annual meeting. The 2016 reading list mentions three recommended books about charlie munger. Poor charlies almanack is a collection of charlie mungers best advice given over 30 years, in the form of 11 speeches given as commencement addresses and roundtable talks. How to survive despite economists, ecologists, and the merely eloquent by garrett hardin.
The great charm of charlie munger is his simple, no frills approach. Hes also one of the smartest people on the planet his lecture on the psychology of human misjudgment is the best 45 minutes you might spend this year. Here are 19 others munger has recommended to the curious reader. In multiple speeches, and in the book poor charlie s almanack. They think im a book with a couple of legs sticking out. With decades of wall street experience, we publish investment newsletters and website articles offering advice on the best stocks, options, etfs and mutual funds to invest in for both dividends and capital gains. Charlie munger reading list from poor charlies almanac. I have listed them below along with some of his other recommendations. Luckily for us, warren buffett, billionaire investor and berkshire hathaway ceo, has recommended a handful of books in several of his annual shareholder letters this past decade. Over the years charlie munger has recommended a list of books that we have compiled, that we believe will bring great value to your life. It s shorter without lacking depth nor scope, but gives a great introduction into munger s and buffet s way of thinking. In honor of the daily journal conference we decied to update our munger book list today stay tuned for our notes and possible book recommendations there as we are at the event live say hi to raul if you are there and reading this. Oct 31, 2018 for those wanting to learn more about how buffett thinks, buffett gives plenty of book recommendations. Warren buffett and charlie munger discuss the best books theyve read in the past year.
If you want to learn more about charlie munger, his approach to learning, decision making, mental models, investing and more, the best read is charlies. Value investing world is a blog dedicated to promoting the multidisciplinary approach to investing and development of as charlie munger describes it a latticework of mental models. Oct 14, 2019 youd be amazed at how much warren readsand at how much i read. Charlie munger s advice on investing and life choices that make a person wealthy duration. Click here and here to see warren buffett s and charlie munger s book recommendations over the years. Charlie munger jan 19, 1999 reddy sent me the second book a full version and i read it and i was flabbergasted to find it not only very well written but a considerable contribution to the synthesis of human thought on the investment process and i would recommend that all of you buy a copy of hagstrom second buffet book. Joe kosters summary of charlie mungers investing principles checklist, according to poor charlies almanack. In book recommendations from billionaire charlie munger that will make you smarter, it is not 100% clear what the source is but shane knows his stuff. Gates said, the book had a profound effect on the way i think about history and why certain societies advance faster than. Its shorter without lacking depth nor scope, but gives a great introduction into munger s and buffets way of thinking. Books recommended by charlie munger 51 books goodreads. And, of course, the text is sprinkled with mungers unique brand of humor. Apr 20, 2018 warren buffett and charlie munger both cite their extensive reading habits as a major cornerstone of their success.
Books recommended by charlie munger score a book s total score is based on multiple factors, including the number of people who have voted for it and how highly those voters ranked the book. Charlie munger is an ideas person, which has got triggered by his reading habits. His life is best summarized with the following from the acclaimed book poor charlie s almanack source. In his capacity, munger has been a behindthescenes cothinker at berkshire and has influenced many a decision made by warren buffett. A book of practical counsel revised edition recommended books on charlie munger poor charlie s almanack expanded second edition. The tenets of the warren buffett way was examined in the book the warren buffett way, written by robert g.
Behind the scenes with berkshire hathaway billionaire charlie munger. Warren buffett and charlie munger both cite their extensive reading habits as a major cornerstone of their success. Charlie mungers investing principles checklist gurufocus. If youre looking for a reading list to dig through, charlie mungers ranks at the top. Stunning books charlie munger recommends everyone to read. Charlie munger trades, portfolios dry wit and keen mind are often used in service of berkshire hathaway shareholders when he helps its chairman and ceo warren buffett trades, portfolio make investing decisions. Eight unconventional ceos and their radically rational blueprint for success, titan. Jan 25, 2018 interested on what type of books the vice chairman of berkshire hathaway, charlie munger reads. Although largely focused on linking to investing and economic material it deems of interest, it will also post and link to.
But for any students of investing who want a quick insight into the mind of one of the greatest investors of all time, this book is first class and strongly recommended. Deep investment for wisdom and success is his mantra. Munger s worldly wisdom consists of a set of mental models framed as a latticework to help solve critical business problems. The 95yearold investor has more unilateral decisionmaking power over a portfolio elsewhere, however. Joe kosters summary of charlie munger s investing principles checklist, according to poor charlie s almanack. In the book poor charlies almanac, charlie munger has recommended a few books that intrigued him the most. Poor charlie s almanack as mentioned, he previously ran his own investing partnership.
Charlie mungers three basic rules for business remo uherek. Another set of book recommendations from warren buffett. Reading is a big part of life and majority of successful people apply it. Run, dont walk, to buy charlie mungers favorite stock. A dozen things charlie munger has said about reading july 26, 2015. Behind the scenes with berkshire hathaway billionaire charlie munger janet lowes brief, readable biography of charlie mungers life. Feb 08, 2017 charlie munger is the billionaire business partner of warren buffett and the vice chairman at berkshire hathaway, one of the largest companies in the world. Ive tried to keep track of and read every recommendation he has made and ive yet to be disappointed.
How charlie mungers hunger for reading makes him a better. A compilation of quotes from berkshire hathaways vice chairman on life, business, and the pursuit of wealth with commentary by david clark. In this short book 192 pages tren griffin gives us a selection of wellchosen quotes from which we can built up a picture of charlie munger the man and charlie munger the investor not that theres much difference between the two. Check out charlie munger s book recommendations, as well as podcasts and interviews featuring him. Its an absolutely first class production that contains biographical information on mr. Here are 19 others charlie munger has recommended via farnam street with a bit about them from. Most recommended books is a participant in the amazon services llc associates program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to.
While my 161 books last year pales in comparison to the quality of mungers reading habits, its a start. How to lead when youre not in charge by roger fisher. Aug 07, 2018 when there are new books recommended by charlie munger i sit up and take notice. Poor charlies almanack the wit and wisdom of charles t. Charlie s most basic guiding principles, his fundamental philosophy of life. A local omaha bookseller then has the books for sale at the event. Youd be amazed at how much warren reads and at how much i read. Aug 21, 2017 buffett s partner charlie munger says the key to wisdom is a habit anyone can form. Charlie munger has had a long life he is currently 93 years old and still working. Nineteen more book recommendations from charlie munger.
Charlie believes its his wide range of knowledge, that gives him an edge. Each year at the berkshire hathaway annual meeting, a reading list is compiled of warren and charlie s favorite books. A dozen things charlie munger has said about reading 25iq. Jan 01, 2005 im not gonna praise munger s wisdom again. Charlie munger is the billionaire business partner of warren buffett and the vice chairman at berkshire hathaway, one of the largest companies in the world.
Though his interests arent only limited to investing or finance but a whole range of different topics, starting from psychology, history to evolution. Like his partner warren buffett, charlie munger spends most of his time reading. What temperature reveals about the past and future of our species, planet, and universe book recommended by charlie munger. Charlie munger is one of the richest businessmen in the world, along with being a business partner of warren buffett and vice chairman of berkshire hathaway. Aug 10, 2018 book recommendations from charlie munger. Apr 18, 2019 in this book, you can read all about charlie mungers ideas and views about investing, business and life in general. In all his talks, he shows wit, rationality, and incredible clarity of thought. As a voracious reader himself, however, he has even more recommendations.
Former wesco board member and fellow charlie admirer, peter kaufman came up with the brilliant idea of putting together a book that would honor charlie and capture all of the wisdom hes shared over the years in. Charlie mungers book recommendations posted on october 14, 2019 october 14, 2019 by rupal adhikary like his partner warren buffett, charlie munger spends most of his time reading. Below are a list of 20 books recommended by munger and four books about charlie munger. Charlie munger book recommendations poor charlie s almanack. Charlie mungers recommended reading list market folly. See my charlie munger reading list with over 30 amazing books recommended by the billionaire investor including books about charlie himself. The tenets also appear in hagstroms other book the warren buffett portfolio. Ice age by john gribbin, faraday, maxwell, and the electromagnetic field. Charlie mungers book recommendations stocks and stuff. After having read both books, poor charlie s almanack and seeking wisdom, i highly recommend starting with seeking wisdom. At his annual meeting each year, he provides his list of recommended books. In my whole life, i have known no wise people over a broad.
Mar 21, 2019 charlie mungers three basic rules for business. Poor charlies almanack by charlie munger book summary and. Interested on what type of books the vice chairman of berkshire hathaway, charlie munger reads. The gurus may buy and sell securities before and after.
Charlie munger book recommendations focused must reads. Posted on october 14, 2019 october 14, 2019 by rupal adhikary. Charlie munger munger is one of the best investors of our time you can see more on mungers resource page. The books are sold at the conference by the local bookseller the bookwarm. This book could perhaps have been a little longer and maybe analysed some of charlie munger s deals and given us a little more biography. Aug 10, 2019 mungers simple rule was to leverage just any available time he got in order to continue reading. This book is also one of charlie mungers book recommendations, see here. Mastering the power of the focus investment strategy. In my whole life, i have known no wise people over a broad subject matter area who didnt read all the time none, zero.
Charles thomas munger is an american investor, businessman, author, and philanthropist. Charlies most basic guiding principles, his fundamental philosophy of life. Former wesco board member and fellow charlie admirer, peter kaufman came up with the brilliant idea of putting together a book that would honor charlie and capture. Book recommended by charlie munger 2003 wesco annual meeting a matter of degrees. Book recommendations from charlie munger eye edit books. A book recommended by bill gates and charlie munger. The best charles munger books of alltime updated for 2020. Charlie munger top 5 book recommendations investor.
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