Download or read book Tao of Charlie Munger written by David Clark and published by Simon and Schuster. This book was released on 2017-01-03 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Words of wisdom from Charlie Munger—Warren Buffett’s longtime business partner and the visionary Vice Chairman of Berkshire Hathaway—collected and interpreted with an eye towards investing by David Clark, coauthor of the bestselling Buffettology series. Born in Omaha, Nebraska in 1924 Charlie Munger studied mathematics at the University of Michigan, trained as a meteorologist at Cal Tech Pasadena while in the Army, and graduated magna cum laude from Harvard Law School without ever earning an undergraduate degree. Today, Munger is one of America’s most successful investors, the Vice Chairman of Berkshire Hathaway, and Warren Buffett’s business partner for almost forty years. Buffett says “Berkshire has been built to Charlie’s blueprint. My role has been that of general contractor.” Munger is an intelligent, opinionated business man whose ideas can teach professional and amateur investors how to be successful in finance and life. Like The Tao of Warren Buffett and The Tao of Te Ching, The Tao of Charlie Munger is a compendium of pithy quotes including, “Knowing what you don’t know is more useful than being brilliant” and “In my whole life, I have known no wise people who didn’t read all the time—none, zero.” This collection, culled from interviews, speeches, and questions and answers at the Berkshire Hathaway and Wesco annual meetings, offers insights into Munger’s amazing financial success and life philosophies. Described by Business Insider as “sharp in his wit and investing wisdom,” Charlie Munger’s investment tips, business philosophy, and rules for living are as unique as his life story; intelligent as he clearly is; and as successful as he has been.

Download or read book Poor Charlie s Almanack written by Charles T. Munger and published by Stripe Press. This book was released on 2023-12-05 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Charlie Munger written by Tren Griffin and published by Columbia University Press. This book was released on 2015-09-15 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charlie Munger, Berkshire Hathaway's visionary vice chairman and Warren Buffett's indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of "elementary, worldly wisdom"—a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management—allows him to keep his emotions out of his investments and avoid the common pitfalls of bad judgment. Munger's system has steered his investments for forty years and has guided generations of successful investors. This book presents the essential steps of Munger's investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and business-case historians. Derived from Ben Graham's value-investing system, Munger's approach is straightforward enough that ordinary investors can apply it to their portfolios. This book is not simply about investing. It is about cultivating mental models for your whole life, but especially for your investments.

Download or read book Damn Right written by Janet Lowe and published by John Wiley & Sons. This book was released on 2000-10-30 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Das einzige Buch, das einen der geheimnisvollsten Anleger im Investmentgeschaft portratiert: Charlie Munger - der Kopf, der hinter Investmentguru Warren Buffett stand. Geschrieben von Janet Lowe, beruhmte Autorin der WILEY Speaks-Bestsellerreihe. Sie hat hier eine faszinierende Verbindung von Geschaftsphilosophie, und Biographie geschaffen, eine einzigartige Kombination aus Mungers Witz, Humor, Know-How und Erfolg. Offenbart werden auch die Taktiken und Techniken dieses wenig bekannten, aber au?erst einflu?reichen Finanzgenies und Lehrmeisters von Warren Buffett. Ein Buch zum Verschenken schon!

Download or read book Summary Charlie Munger written by BusinessNews Publishing, and published by Business Book Summaries. This book was released on 2016-07-20 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The must-read summary of Tren Griffin’s book: “Charlie Munger: The Complete Investor”. This complete summary of the ideas from Tren Griffin’s book “Charlie Munger" gives an insight into the mind of Charlie Munger, one of the world's most successful investors and Warren Buffet's long-term partner. The author explains the three elements that compose the framework used by Munger when making investments; principles, the "right stuff" and variables. This summary will give you the techniques used by one of the best in the industry so that you can achieve your own success. Added-value of this summary: • Save time • Understand the key principles • Expand your business knowledge To learn more, read “Charlie Munger” and find out how you can become a successful investor by following one simple framework.

Download or read book Charlie Munger written by Chase Archibald and published by Createspace Independent Publishing Platform. This book was released on 2018-05 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charlie Munger is an American investor, businessman and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation. Munger was born in Omaha, Nebraska. As a teenager he worked at Buffett & Son, a grocery store owned by Warren Buffett's grandfather. After enrolling in the University of Michigan, where he studied mathematics, he never returned to Omaha except to visit. In early 1943, a few days after his 19th birthday, he dropped out of college to serve in the U.S. Army Air Corps, where he became Second Lieutenant. He continued his studies in meteorology at Caltech in Pasadena, California, the town he was to make his home. Through the GI Bill he took a number of advanced courses through several universities; without an undergraduate degree, he entered Harvard Law School and graduated magna cum laude with a J.D. in 1948. At Harvard he was a member of the Harvard Legal Aid Bureau. In college and the Army he developed "an important skill" card playing. "What you have to learn is to fold early when the odds are against you, or if you have a big edge, back it heavily because you don't get a big edge often. Opportunity comes, but it doesn't come often, so seize it when it does come."

Download or read book The Complete Financial History of Berkshire Hathaway written by Adam J. Mead and published by Harriman House Limited. This book was released on 2021-04-13 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the first time the complete financial history of Berkshire Hathaway is available under one cover in chronological format. Beginning at the origins of the predecessor companies in the textile industry, the reader can examine the development of the modern-day conglomerate year-by-year and decade-by-decade, watching as the struggling textile company morphs into what it has become today. This comprehensive analysis distils over 10,000 pages of research material, including Buffett’s Chairman’s letters, Berkshire Hathaway annual reports and SEC filings, annual meeting transcripts, subsidiary financials, and more. The analysis of each year is supplemented with Buffett’s own commentary where relevant, and examines all important acquisitions, investments, and other capital allocation decisions. The appendices contain balance sheets, income statements, statements of cash flows, and key ratios dating back to the 1930s, materials brought together for the first time. The structure of the book allows the new student to follow the logic, reasoning, and capital allocation decisions made by Warren Buffett and Charlie Munger from the very beginning. Existing Berkshire shareholders and long-time observers will find new information and refreshing analysis, and a convenient reference guide to the decades of financial moves that built the modern-day respected enterprise that is Berkshire Hathaway.

Download or read book Summary of Poor Charlie s Almanack by Peter D Kaufman written by QuickRead and published by QuickRead.com. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn why Charles T. Munger is a name you need to know. Everyone knows about titans of industry like Warren Buffett or Donald Trump, but few people know the name Charles T. Munger. Poor Charlie’s Almanack (2005) sheds light on the reclusive life of one of the wealthiest men in America and the accomplishments he doesn’t want you to know about. Do you want more free book summaries like this? Download our app for free at https://www.QuickRead.com/App and get access to hundreds of free book and audiobook summaries. DISCLAIMER: This book summary is meant as a summary and an analysis and not a replacement for the original work. If you like this summary please consider purchasing the original book to get the full experience as the original author intended it to be. If you are the original author of any book published on QuickRead and want us to remove it, please contact us at [email protected].

Download or read book Summary of Poor Charlie s Almanack written by TIME SUMMARY and published by XinXii. This book was released on 2024-01-26 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poor Charlie's Almanack is a collection of eleven Berkshire Hathaway talks from 1986-2007, offering lessons on investment strategy, philanthropy, and ethical living, edited by Kaufman and featuring a new foreword by Stripe cofounder John Collison.

Download or read book The Great Mental Models Volume 1 written by Shane Parrish and published by Penguin. This book was released on 2024-10-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.

Download or read book Summary written by Summary Zoom and published by Createspace Independent Publishing Platform. This book was released on 2016-08-28 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: When one thinks about Berkshire Hathaway, the business giant, we often tend to think of Warren Buffet. We know that Buffet is known to be a legendary investor, of that we cannot deny. Little do people know that the vice-president of Berkshire Hathaway is also a legendary investor in his own right. In this book we will summarize and discuss Tren Griffin's book 'Charlie Munger: The Complete Investor" and learn more about Charlie himself. We will also discuss the concepts of value investing and other investment ideas from this icon of investing. Enjoy!

Download or read book Investing written by Robert Hagstrom and published by Columbia University Press. This book was released on 2013-01-08 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this updated second edition, well-known investment author Hagstrom explores basic and fundamental investing concepts in a range of fields outside of economics, including physics, biology, sociology, psychology, philosophy, and literature.

Download or read book Summary of Charles T Munger s Poor Charlies Almanack written by Milkyway Media and published by Milkyway Media. This book was released on 2024-01-16 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get the Summary of Charles T. Munger's Poor Charlies Almanack in 20 minutes. Please note: This is a summary & not the original book. "Poor Charlie's Almanack" is a comprehensive collection of Charles T. Munger's wisdom, encapsulating his investment philosophy, business acumen, and life lessons. Munger's journey from Omaha to becoming Warren Buffett's partner at Berkshire Hathaway is marked by his voracious reading habits, military service, and legal career. His investment approach, characterized by a multidisciplinary analysis and focus on businesses with competitive moats, has led to substantial wealth creation...

Download or read book Buffettology written by David Clark and published by Simon and Schuster. This book was released on 1999-03-19 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the world of investing, the name Warren Buffett is synonymous with success and prosperity—now you can learn how Warren Buffett did it and how you can, too. Building from the ground up, Buffett chose wisely and picked his stocks with care, in turn amassing the huge fortune for which he is now famous. Mary Buffett, former daughter-in-law of this legendary financial genius and a successful businesswoman in her own right, has teamed up with noted Buffettologist David Clark to create Buffettology, a one-of-a-kind investment guide that explains the winning strategies of the master. -Learn how to approach investing the way Buffett does, based on the authors' firsthand knowledge of the secrets that have made Buffett the world's second wealthiest man -Use Buffett's proven method of investing in stocks that will continue to grow over time -Master the straightforward mathematical equipments that assist Buffett in making investments -Examine the kinds of companies that capture Buffett's interest, and learn how you can use this information to make your own investment choices of the future Complete with profiles of fifty-four "Buffett companies"—companies in which Buffett has invested and which the authors believe he continues to follow—Buffettology can show any investor, from beginner to savvy pro, how to create a profitable portfolio.

Download or read book Summary of Charles T Munger s Poor Charlie s Almanack written by Milkyway Media and published by Milkyway Media. This book was released on 2024-01-28 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Buy now to get the main key ideas from Charles T. Munger's Poor Charlie’s Almanack Poor Charlie’s Almanack (2005) presents a biographical sketch of financial wizard Charlie Munger, a look at his unconventional thought processes, and a collection of eleven of his speeches. Munger, who died in 2023, was Warren Buffett’s longtime partner and devil’s advocate at Berkshire Hathaway. His multi-disciplinary approach provides timeless wisdom on investing, decision-making, and life. Poor Charlie’s was edited by Peter D. Kaufman; it includes a biography by Michael Broggie and heartfelt recollections from Munger’s children.

Download or read book University of Berkshire Hathaway written by Daniel Pecaut and published by Daniel Pecaut. This book was released on 2017-03 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each year, for thirty years, two veteran investment advisors attended Berkshire Hathaway's Annual Shareholders Meeting. After each meeting, they chronicled Warren Buffett and Charlie Munger's best lessons from that year. This book compiles those thirty years of wisdom for the first time.

Download or read book The Outsiders written by William Thorndike and published by Harvard Business Press. This book was released on 2012 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's time to redefine the CEO success story. Meet eight iconoclastic leaders who helmed firms where returns on average outperformed the S&P 500 by more than 20 times.