Poor Charlie's Almanack is a collection of speeches and talks by Charlie Munger, compiled by Peter D. Kaufman.
Charlie Munger is the long serving vice-chairman of Berkshire Hathaway. This book brings together his investing thoughts beyond his famous statement "I have nothing to add." Munger is an admirer of Benjamin Franklin, and the book's title is a tribute to Franklin's Poor Richard's Almanack.
Net proceeds from sales of the book go to the Munger Research Center at the Huntington Library in San Marino, California.
At Berkshire Hathaway, Charlie Munger has been Warren Buffett's longtime business partner. Munger, who is content to be the less well-known of the two, is no less impressive. Charlie Munger “is truly the broadest thinker I have ever encountered,” according to Bill Gates, while Warren Buffett describes him as the perfect partner since he is "both smarter and wiser."
In the form of 11 speeches delivered as commencement addresses and roundtable chats, Charlie Munger's finest advise over the course of 30 years is collected in Poor Charlie's Almanack. He discusses a variety of subjects, such as logic and decision-making, investing, and how to lead a fulfilling life. You'll discover Charlie's checklist for investment criteria, why he believes transdisciplinary learning to be essential to success, and how to create a trillion dollar firm from nothing.
Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day-if you live long enough-like most people, you will get out of life what you deserve.