Poor Charlie’s Almanack is an enlightening compilation of wisdom from Charlie Munger, the renowned vice chairman of Berkshire Hathaway and lifelong partner of Warren Buffett. This thought-provoking collection delves into Munger's unique principles of investing, decision-making, and life philosophy, rich with wit and insight. Through anecdotes, illustrations, and a treasure trove of mental models, readers are inspired to think critically and embrace diverse perspectives. Munger’s emphasis on lifelong learning and rational thought challenges conventional thinking and encourages harnessing multidisciplinary knowledge for personal and professional success. Unlock the secrets of Munger’s remarkable intellect and discover how they can transform your approach to wealth and wisdom.
By Charles T. Munger
Published: 2023
"Investing is waiting."
From the legendary vice-chairman of Berkshire Hathaway, lessons in investment strategy, philanthropy, and living a rational and ethical life. “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. Edited by Peter D. Kaufman, chairman and CEO of Glenair and longtime friend of Charlie Munger—whom he calls “this generation’s answer to Benjamin Franklin”—this abridged Stripe Press edition of Poor Charlie’s Almanack features a brand-new foreword by Stripe cofounder John Collison. 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.
Showing 8 of 20 similar books
Niki Scevak is a distinguished entrepreneur and venture capitalist, widely recognized for his contributions to the startup ecosystem rather than traditional literature. As a co-founder and partner at Blackbird Ventures, he has played a pivotal role in funding and mentoring successful Australian tech startups. Scevak also co-founded Startmate, an influential accelerator program that has shaped numerous early-stage companies. His work has significantly impacted the Australian tech landscape, fostering innovation and entrepreneurial growth. Though not an author of traditional books, his insights and thought leadership are frequently shared through industry publications and speaking engagements.
Kevin Rose is a notable entrepreneur and technology investor, best known for founding Digg, a pioneering social news website that significantly influenced online content sharing. Although not primarily recognized for literary contributions, Rose has impacted digital media and online culture, which are recurring themes in contemporary literature on technology. His insights and experiences have been featured in various tech journals and books, enriching discussions on innovation and digital entrepreneurship. Rose also co-hosted the popular podcast "The Random Show" with Tim Ferriss, where he shares his thoughts on technology, health, and productivity. Through his ventures and public speaking, Rose continues to inspire narratives around the digital revolution and startup culture.
Drew Houston is an accomplished American entrepreneur best known for co-founding Dropbox, a widely-used cloud storage service, in 2007. As the CEO, he has led the company to serve millions of users worldwide and become a key player in the tech industry. Although not primarily known for literature, Houston has shared his entrepreneurial insights and experiences through various interviews and public speaking engagements, offering valuable lessons to aspiring business leaders. His work has significantly influenced the way people and organizations manage and share digital content. Houston's innovative vision continues to shape the future of cloud computing and digital collaboration.
David Bach is a financial expert and bestselling author known for his Finish Rich book series, including The Automatic Millionaire. He has made a career out of teaching people how to build wealth through small, manageable financial habits like “paying yourself first” and automating savings. His approach to personal finance is accessible and focuses on helping everyday individuals achieve long-term financial security. David has appeared on numerous media platforms, advocating for financial literacy and encouraging people to take control of their financial futures.
Scott Adams is an American cartoonist and author best known for creating the widely acclaimed comic strip "Dilbert," which debuted in 1989. The strip humorously explores the absurdities of corporate culture and has been syndicated in thousands of newspapers worldwide. Adams has also authored several books, including "The Dilbert Principle," which became a New York Times bestseller. His work has earned numerous awards, solidifying his reputation as a sharp satirist of office life. Beyond comics, Adams is recognized for his commentary on business, management, and personal development.
James Clear is the author of the bestselling book Atomic Habits, which focuses on the power of small habits and incremental improvements to achieve significant personal and professional growth. Clear’s writing blends insights from psychology, neuroscience, and productivity to provide practical strategies for building better habits. His work has helped millions of people create positive changes in their lives by focusing on the process rather than the outcome. James’s clear, actionable advice has made him a sought-after speaker and thought leader in the field of personal development.
Jamie Dimon is an American business executive, best known as the Chairman and CEO of JPMorgan Chase, one of the largest and most influential financial institutions in the world. Dimon has led JPMorgan through multiple economic crises, including the 2008 financial crash, and has consistently been recognized for his leadership in the banking industry. Under his tenure, JPMorgan has grown into a global financial powerhouse, focusing on innovation and sustainability. Dimon is also an advocate for corporate responsibility and frequently speaks on economic and regulatory issues. His leadership style and strategic insights have earned him widespread respect in the business world.
Bill Ackman is an American hedge fund manager and founder of Pershing Square Capital Management, known for his activist investing style. Ackman has been involved in high-profile investment battles, including his campaigns against companies like Herbalife and his successful turnaround of companies like Canadian Pacific Railway. He is known for taking bold, contrarian positions and for his ability to influence corporate governance through shareholder activism. Ackman’s investing philosophy focuses on long-term value creation, and he has become one of the most recognized figures in the finance world.
Showing 8 of 23 related collections
“Investing is waiting.”
Poor Charlie’s Almanack
By Charles T. Munger
Discover a world of knowledge through our extensive collection of book summaries.
Charles T. Munger is an esteemed American investor, businessman, and philanthropist, best known as the vice chairman of Berkshire Hathaway, the conglomerate led by Warren Buffett. Born on January 1, 1924, in Omaha, Nebraska, Munger developed a keen intellect and astute understanding of economics, law, and complex financial systems. He co-founded the investment firm Wesco Financial Corporation and has played a pivotal role in various successful ventures, advocating for value investing and rational decision-making. Munger is also recognized for his philanthropic efforts, particularly in promoting education and scientific research, through significant contributions to institutions like the University of California, Santa Barbara. A lifelong learner, Munger’s insights and wisdom have made him a respected figure in the world of finance and beyond.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "Captive Prince," the captivating tale of power and betrayal unfolds as Laurent, the cunning prince of Vereck, must navigate the treacherous politics of his enemy's court. When Damen, the exiled warrior prince of Akielos, becomes a slave to Laurent, forced into a world of subterfuge and intrigue, unexpected alliances begin to form. As the two grapple with their conflicting loyalties and simmering desires, they are drawn into a dangerous game that could alter the fate of their kingdoms. The tension escalates with each page, revealing secrets that could shatter their lives and reshape their loyalties. Will love conquer all, or will the weight of a fractured legacy seal their doom?
In "Throne of Glass," young assassin Celaena Sardothien is offered a chance at freedom: win a deadly competition to become the king's champion. As she navigates treacherous politics and faces off against formidable opponents, she uncovers a web of dark magic and long-buried secrets that threaten her life and the kingdom. With every challenge, Celaena must confront her own past and decide what she's willing to sacrifice for power—and for those she loves. As loyalties shift and danger lurks in every shadow, the stakes soar beyond mere survival. Will she embrace her destiny, or will the weight of her choices crush her ambitions?
In "A Court of Thorns and Roses," Feyre Archeron, a skilled huntress, is thrust into a deadly faerie world after killing a wolf in the woods. Captured by Tamlin, a powerful High Fae lord, she discovers an enchanting realm steeped in danger and magic. As Feyre grapples with her feelings for Tamlin, a dark curse looms, threatening his home and all he loves. Chilling choices lead her into a treacherous game where betrayal and sacrifice become part of the dance. Will she embrace her fate and uncover her true strength before it’s too late?
In "The Book of Three," young pig-keeper Taran embarks on a captivating quest to rescue his homeland, Prydain, from the encroaching darkness of an evil warlord. Accompanied by a motley crew of magical allies—including a fearless princess and a wise-cracking pig—Taran discovers his own potential beyond the confines of his humble beginnings. With each challenge, he grapples with themes of bravery, friendship, and destiny, weaving a tale that blurs the lines between heroism and cowardice. As the tension escalates and ancient prophecies unravel, will Taran rise to become the hero he dreams of, or will he falter under the weight of his own insecurities? Dive into this enchanting adventure and uncover the secrets that bind fate and courage in a world where darkness looms ever closer.
In a dystopian future, Katniss Everdeen volunteers to take her sister's place in a brutal televised competition known as the Hunger Games, where only one victor can survive. As she navigates the treacherous arena filled with deadly foes and oppressive government forces, her resourcefulness and instincts are put to the ultimate test. Alliances form, betrayals loom, and the line between survival and morality blurs in the fight for freedom. With each turn of the page, readers are drawn deeper into a gripping tale of courage, sacrifice, and the quest for justice. Will Katniss's defiance spark a revolution, or will she become another pawn in a deadly game?
In "The Star-Touched Queen," Maya, a girl cursed with a deadly horoscope, finds herself trapped in a tumultuous fate. Drawn into a world of magic and intrigue, she becomes the bride of a mysterious ruler, only to uncover astonishing secrets about her past and the kingdom. Haunted by visions and the whispers of an ancient prophecy, Maya must navigate a web of love, betrayal, and destiny. As celestial events unfold, her choices could either save or doom her world. Will she embrace her true power and rewrite her stars, or will darkness consume her?
In "The Hating Game," the tension between Lucy and her office rival, Joshua, escalates from playful banter to a full-blown game of love and hate. As they compete for a coveted promotion, their daily encounters become a mix of sharp-witted exchanges and unexpected chemistry. Lucy's determination to win is tested when she starts to question her feelings for Joshua, revealing a layered rivalry beneath their seemingly antagonistic relationship. The line between love and hate blurs, leading to a thrilling conclusion that will leave readers guessing. Can a game of hate turn into an exhilarating romance?
For use in schools and libraries only. Gen is plucked from the king's prison by the king's magus who wants his assistance in stealing an ancient treasure.
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
