Warren buffetts reading list, from benjamin graham to. Ewen cameron watt recommends this narrative chronicling the conflict on the front line with alqaeda and the race to preserve an ancient culture. To explain this philosophy, buffett munger likes to use a baseball analogy that i find particularly illuminating, though i myself am not at all a baseball expert. This book is something of a publishing miracle never advertised, yet year after year selling many thousands of copies from its internet site. Michael krechmer, better known as michael malice, is a new york citybased author, anarchist, columnist, and media personality. Heres a list of every book warren buffett has recommended. The best advice i have received is from charlie munger, warren. Consequently, the list of charlie munger book recommendations is culled from an array of genres, ranging from finance to biographies to physics.
Munger didnt start facebook from his dorm room or trade penny stocks in high school. Charlie mungers reading list king county library system. He cofounded behance in 2006 and served as ceo until it was acquired by adobe in 2012. Munger, as the number 2 at berkshire hathaway, is somewhat overlooked in the shadow of warren buffett. Buffett asked munger to add his two cents following buffetts response.
Unlike warren buffett, charlie munger has claimed that he is a generalist for whom investment is only one of a broad range of interests that. Past performance is a poor indicator of future performance. Told in terms of personalities and contributions of big ford, nissan, and uaw players it makes compelling reading. Jonathan sacks book recommendations 2 recommended books. Cambridge associates, an advisor to institutions that invest in venture capital, says that only about 20 firms or about 3 percent of the universe of venture capital firms generate 95 percent of the industrys returns, and the composition of the top 3 percent doesnt change very much over time. Using charlie munger s life as a blueprint, heres a pathway towards financial independence. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Aug 07, 2017 the book smugglers of timbuktu, the quest for this storied city and the race to save its treasures by charlie english. Munger, of course, is the billionaire business partner of warren buffett and the. Dec 02, 2019 this book offers a treasure trove of financial wisdom in the form of speeches and essays written by charlie munger, buffetts longtime business partner and vice president of berkshire.
I did not find any book recommendations listed for 2008. Charlie munger and hes going to give us a few words today. Charlie munger, berkshires vice chairman and my partner, and i feel good about the companys. Dec 06, 2012 at the 2012 berkshire meeting munger admitted that the brandbased moats which berkshire has are bought rather than created.
Warren buffetts and charlie mungers top 7 tips for new. I think that, every time you saw the word ebitda earnings, you should substitute the word bullshit earnings. He is smart, energetic, handson, and expects much of both himself and his organization. Warren buffett recommended this book in his 2012 annual letter. Munger is an entertaining, gorgeous and worthwhile coffee table book for finance philosophers and biography aficionados alike. Charlie mungers reading list chicago public library. He is the author of making ideas happen and his new book is. Oct 04, 2012 value investing world is a blog dedicated to promoting the multidisciplinary approach to investing and development of as charlie munger describes it a latticework of mental models. May 15, 2018 in his 2012 letter to berkshires shareholders, buffett called the outsiders an outstanding book about ceos who excelled at capital allocation. Book returns and contactless services are available at most libraries. Charlie munger on moats first of the four essential. Ted williams is the only baseball player who had a. In those holes it filled in, i thought i had a system that was a goodworking tool. Charlie munger fairly late in life i stumbled into this book, influence, by a psychologist named bob cialdini well, its an academic book aimed at a popular audience that filled in a lot of holes in my crude system.
What charlie is saying here is that people tend to spend a lot of time on meaningless activities that accomplish little or nothing. There are a lot of books about warren buffett, but a few lessons for investors and managers is different. In his 2001 shareholder letter, buffett wrote, last fall, charlie munger and i read jack welchs terrific book, jack, straight from the gut get a copy. The pershare book value of both our class a and class b stock increased by 4. Ryan holidays book recommendations 74 recommended books. Damn right is an extremely good book about charlie munger. Heres a list of every book warren buffett has recommended this. Charlie mungers life as a financial independence blueprint. Work hard, get an education, develop a valuable skill.
Find bestselling books, new releases, and classics in every category, from harper lees to kill a mockingbird to the latest by stephen king or the next installment in the diary of a wimpy kid childrens book series. Oct 15, 2012 warren buffetts view on risk is the right response to the data contained in the post by robert wiltbank on angel investing returns. Charlie munger had no such attachment to benjamin graham, or his cigar butt style of investing. Ice age by john gribbin, faraday, maxwell, and the electromagnetic field. Munger himself has had a fascinating and hugely successful business life, an eminent attorney, successful real estate developer, and is also a strong and interesting character. Books recommended by berkshire hathaways charlie munger. If you havent yet read his book or poor charlie s almanack, you can get them both here.
The early pages cover charlie munger s family history and his framework for investing. Without any advertising or bookstore placement, charlie s book has now remarkably sold nearly 50,000 copies. In an essay in which he discusses risk, buffett advises. Additionally, weve included book recommendations offered by munger at wesco financial shareholder meetings, where he served as ceo and chairman from 1984 to 2011. At 31 years old, charlie munger was divorced, broke, and burying his 9 year old son, who had died from cancer. Charlie munger is the billionaire business partner of warren buffett and the vice chairman at berkshire hathaway, one of the largest. An interesting side note is that charlie munger trades, portfolio is on the board of directors for costco and has been since 1997, and owns over 180,000 shares in the. Warr e n buffett gives great book recommendations each year in his. In book recommendations from billionaire charlie munger that will make you smarter, we covered off some of the books that hes recommended to readers. Looking to get a head start on your 2020 reading list. The copy i continuously go back to is from a word file that i created in order to put the speech on my kindle, which. Best known as warren buffetts longtime and mediashy investment partner, and as the progenitor of pithy wisdom at berkshire hathaways agms, poor charlies almanack the collected wit and wisdom of charles t. Peter kaufman, ceo of glenair, who wrote this book, poor charlie s almanack about charlie munger.
Books has the worlds largest selection of new and used titles to suit any readers tastes. Charlie mungers reading list by asishskaria a communitycreated list. This book is about how managers and investors can increase their chance of success and reduce the chance of harm if managers think more like investors and investors more like businessmen. Jun 24, 2017 the abridged and animated video of munger s the psychology of human misjudgment speech that has been making the rounds led me to go back and reread the version munger rewrote in 2005 for inclusion in poor charlie s almanack. Chip conleys book recommendations 11 recommended books. How thinking like charlie munger may have saved my life 25iq. In his 2012 letter, buffett gave a shoutout to carol loomis, a former editoratla. In discussing it, we agreed that joe brandon, ceo of general re has many of jacks characteristics. The ability to spot a moat that someone else created is very different from the ability to create a moat, believes munger. The michael malice story written by harvey pekar and illustrated by gary dumm.
An outstanding book about ceos who excelled at capital allocation. Dec 22, 2012 to understand how to be happy in life, charlie will study how to make life miserable. The charlie munger reading list 50 book recommendations. Items are quarantined and will remain on your account for at least 24 hours before they are checked in. Feb 08, 2012 highquality businesses for the longterm. In munger s view people too often confuse twaddle with importance and value.
Charlie mungers recommended reading list market folly. Your 2018 warren buffett book list the motley fool. Nov 02, 2015 the book includes biographical information about munger as well as summaries of his philosophy on investing, plus talks that munger gave at berkshire hathaway meetings and elsewhere. In multiple speeches, and in the book poor charlie s almanack. In the words of charlie munger, my approach is \patience followed by pretty aggressive conduct. Charlie munger on why reading alone wont make you a good. Charlie munger quit the money management business during 1978 and moved to join forces with buffett fulltime, by becoming berkshire hathaway inc. Charlie munger trades, portfolio, as usual, provides great wisdom with just a few words. James altuchers book recommendations 10 recommended. The next section, assembled by leading investor whitney tilson, is well edited and benefits from tilsons massaging of quotations made over time into logical subheadings. Warren buffetts book recommendations 40 recommended. Although largely focused on linking to investing and economic material it deems of interest, it will also post and link to material from other disciplines. Munger, along with buffett, is one of the main inspirations behind the book seeking wisdom.
Poor charlie s almanack expanded third edition the wit and wisdom of charles t. Charlie munger on moats first of the four essential filters. Warren buffett is the chairman and ceo of berkshire hathaway. The essence of the reckoning is profitable but destructive loss of industrial capacity. Also available will be poor charlie s almanack, the story of my partner.
For those of you who cant make the meeting, go to to order a copy. Munger, worldly wisdom consists of a set of mental models framed as a latticework to help solve critical business problems. Dec 21, 2014 in addition, the shop will premiere poor charlie s almanack, a book compiled by peter kaufman. Were not charging overdue fines right now, but all due dates and renewal limits still apply. Oct 17, 2007 being such a big fan of peter bevelins book, seeking wisdom from darwin to munger, and the charlie munger approach to learning, i felt quite lucky when mr. Curious if there are any other books on biology out there that people really like. May 18, 2018 charlie munger fairly late in life i stumbled into this book, influence, by a psychologist named bob cialdini well, its an academic book aimed at a popular audience that filled in a lot of holes in my crude system. James altucher is an american hedge fund manager, entrepreneur, author, venture capitalist and podcaster. Sep 22, 2020 here are some verified charlie munger book recommendations from these events, as well as some taken from letters and memos issued to shareholders.
Books recommended by charlie munger score a book s total score is based on multiple factors, including the number of people who have voted for it and how highly those voters ranked the book. You know, you sit there with thousands of businesses being priced at the same price for the buyer and the seller. The book was published in 1986, south korea was then the emerging industrial might, and gigantic china was barely on the horizon. Jan 01, 2005 best known as warren buffetts longtime and mediashy investment partner, and as the progenitor of pithy wisdom at berkshire hathaways agms, poor charlies almanack the collected wit and wisdom of charles t. Aug 06, 2014 value investing world is a blog dedicated to promoting the multidisciplinary approach to investing and development of as charlie munger describes it a latticework of mental models. Scholars have for too long debated whether charlie munger is the reincarnation of ben franklin. If charlie munger didnt quit when he was divorced, broke. Warren buffetts book recommendations 40 recommended books. If youre looking for a book to read, this list of books recommended by munger is. Luckily for us, warren buffett, billionaire investor and berkshire hathaway ceo. Books on warren buffett and charlie munger score a book s total score is based on multiple factors, including the number of people who have voted for it and how highly those voters ranked the book. Its an excellent book, the best book ive ever read, by far, in my life.
Lessons from scott belskys book the messy middle scott belsky is adobes chief product officer and executive vice president, creative cloud. This powerful chart made peter lynch 29% a year for years. Jul 28, 2017 warr e n buffett gives great book recommendations each year in his. Books he recommends in his anthology of speeches, poor charlie s almanack. James altuchers book recommendations 10 recommended books. Value investing world is a blog dedicated to promoting the multidisciplinary approach to investing and development of as charlie munger describes it a latticework of mental models. Warren buffett on practically everything, 1966 2012. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Value investing market insight of investment gurus.
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