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

By Charles T. Munger & Peter D. Kaufman

Foreword by John Collison

A timeless collection of investing wisdom, business philosophy, and mental models from the legendary vice-chairman of Berkshire Hathaway.

Overview

Originally published in 2005, Poor Charlie’s Almanack is a masterclass in investing, decision-making, and rational thinking, distilled from the speeches and lectures of Charles T. Munger, the renowned investor and longtime partner of Warren Buffett. This abridged Stripe Press edition, edited by Peter D. Kaufman, offers a comprehensive look at Munger’s principles of success, delivered with his trademark wit and deep insights into human behavior, business, and finance.

Key Takeaways

• Investing Principles: Munger’s time-tested approach to value investing and financial decision-making.
• Mental Models: Learn the latticework of mental models that underpin Munger’s rational approach to problem-solving.
• Life & Business Wisdom: Gain insights into success, philanthropy, ethics, and personal development.
• The Psychology of Human Misjudgment: A detailed look at cognitive biases, decision-making errors, and behavioral finance.

Why Readers Love Poor Charlie’s Almanack

• A Must-Read for Investors: One of the most influential books in financial and investment circles.
• Philosophy Meets Practicality: A blend of investing strategy, history, psychology, and personal development.
• Engaging and Thought-Provoking: Munger’s dry humor, intellectual depth, and wisdom make for an unforgettable read.
• Endorsed by Industry Leaders: A book that has shaped the thinking of top investors, entrepreneurs, and decision-makers worldwide.

Praise for Poor Charlie’s Almanack

"A timeless classic that will change how you approach life. There is a billion-dollar education inside this book." - Shane Parrish, Founder of Farnam Street

"An absolute must-read for investors, business leaders, and lifelong learners." - Howard Marks, Co-Founder of Oaktree Capital

Final Thoughts

Poor Charlie’s Almanack is more than a book on investing—it’s a comprehensive guide to clear thinking, lifelong learning, and making better decisions. Whether you’re a seasoned investor, an entrepreneur, or simply someone looking to improve critical thinking, this book offers invaluable insights that will last a lifetime.

Unlock the wisdom of Charlie Munger and apply his principles to your life and investments today.

Book Details

• Format: Hardcover / Special Edition
• ISBN: 9781953953230
• Edition: Revised Stripe Press Edition with Foreword by John Collison
• Pages: Over 500 pages of valuable wisdom