5 ms·
A bit off topic, but Poor Charlie's Almanac by Munger is a great book.
by kartman 12y ago
A bit off topic, but Poor Charlie's Almanac by Munger is a great book.
- arkitaip 12y agoI've heard a lot of good things about it. What did you like about it?
- jeremyis 12y agoDoesn't look like either it or the Peter Bevelin book mentioned above are available on e-book :/
- rglover 12y agoYou don't want an e-book of this. Buy the physical copy and a highlighter. It's a bible for intelligent thought.
- thegenius 12y agoI have it and it's great. At first you think it's just some arrogant old man who is full of himself rambling on, then you realize you're dealing with a genius, and you can't put it down. The thing that resonated with me is his multiple mental models approach to life. He basically feels that one just needs a basic college education and the ability to apply the most important concepts from each course in a combinatorial way, and that if you specialize too much, you're likely to make an error (to the man with a hammer, everything is a nail). Lots of other stuff on human error. The Almanac also pointed me to "Influence" by Robert Cialdini, which is one of Munger's most highly recommended books. That is the quickest summary I can give from my ipad
- rvn1045 12y agoMunger and Buffet both have a remarkable set of experiences. My understanding of reading about both of them (and the book) is that they have a deep understanding of human nature, which is really remarkable. If you read stuff from them through their share holder letters and such, you'll find that they've been saying the same things for literally decades. Which means that they've figured out the core of human nature, figured out how to keep themselves sane and figured out how to lead a good life relatively early on. Besides Munger is very witty, and you crack up quite a bit reading the book.
- thegenius 12y agoi've probably watched every youtube interview, speech of both of them, and read most of the important articles and books (superinvestors graham doddsville, snowball, shareholders letters, on and on). this is a great summary of what i've gleaned from their wisdom as well. i couldn't say it any better
- kartman 12y agosome of the earlier comments have already touched on the good points of the book. its a collection of essays and talks each on different topics. i liked it because Munger gives usable tools and sensible approaches to both aspects of life - personal and professional. overall, Munger seems like a wise man who has lived a long fruitful life well beyond the vagaries of chance, so worth listening to.
- kqr2 12y agoAlso recommend Seeking Wisdom From Darwin to Munger: https://www.poorcharliesalmanack.com/seeking_wisdom.php https://www.poorcharliesalmanack.com/seeking_wisdom.php
- scw 12y agoCame to recommend the same. The great thing is the book isn't built around a 'one neat trick' approach that so much financial literature takes, but instead tries to aid in building up useful mental models -- that just happen to be applicable to financial problems.