After studies at the university of michigan, and service in the u. Munger and a great selection of related books, art and collectibles available now at. If you know anything about charlie munger, hes famous for his quick wit, plain spokenness and absolute genius, and he has helped shareholders of berkshire hathaway amass untold fortunes. Feb 12, 1989 charlotte amanda lowell, a daughter of mrs. Thomas charles munger july 7, 1861 november 29, 1941 was a united states district judge of the united states district court for the district of nebraska. 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. I think if you expect totally rationality either in humans or human institutions, youre expecting whats not going to happen.
And grandfather munger was a federal judge at the time and there were no pensions for widows of federal judges so if he didnt save from his income my grandmother would have been in. Thomas, joseph munger was born on month day 1892, at birth place, ohio, to oscar, e munger and malinda munger. Charlie munger is the vice chairman of berkshire hathaway. Charles munger is warren buffett decades long business partner, and his investment filter, jokingly called by mr. Munger, with a request that it be embodied in the permanent records of this court, and that a copy be transmitted to his family. Jul 26, 2015 a dozen things charlie munger has said about reading july 26, 2015.
Book recommended by charlie munger oid june 23, 1994. This article mentions twenty books charlie munger has read and. Jul 12, 2015 charlie mungers blue chip stamps shareholder letters 19781982 posted on august 23, 2014 by value book a case study of warren buffett and charlie mungers investment in and management of blue chip stamps. Munger is famous as the laconic foil to the companys chairman, the voluble warren buffett. This adorable compilation, parable treasury, allows families to get all their favorite stories in one valuepacked book. Charlie munger on getting rich, wisdom, focus, fake. The vicechairman of berkshire hathaway corporation, the diversified company chaired by renowned investor warren buffet. These blinks introduce you to the graham value investing system that munger uses, explain the importance of patience and courage, and show you how to make smart decisions. Charles munger has made a career of avoiding common errors in judgment.
Munger is also chairman of publisher newspaper publisher daily journal corp. Munger s worldly wisdom consists of a set of mental models framed as a latticework to help solve critical business problems. Buffetts partner charlie munger share the key to wisdom. Based on that i figured i would put together a charlie munger reading list for other people that are interested as well similar to my list of warren buffett books. In my whole life, i have known no wise people over a broad subject matter area who didnt read all the time none, zero. Munger speaks in zingers and, most often, simply says. Gates said, the book had a profound effect on the way i think about history and why certain societies advance faster than others.
Charlie munger 2015 is your guide to understanding the strategies and principles that for years have guided warren buffetts financial partner, charlie munger, considered one of the worlds most successful investors. Charlie munger trades, portfolio joined michigan ross dean scott derue for a conversation about his life, career journey, philanthropic legacy, and his thoughts on a few current global trends. This book brings together his investing thoughts beyond his famous statement i have nothing to add. Charlie munger, the longtime business partner of famed investor warren buffett, talks with the bbc in this interview from 2012.
A book recommended by bill gates and charlie munger. Charlie munger is the longserving vicechairman of berkshire hathaway. The psychology of human misjudgment by charlie munger. Charlie munger munger is one of the best investors of our time you can see more on mungers resource page. The most munger families were found in the usa in 1880. A compilation of quotes from berkshire hathaways vice chairman on life, business, and the pursuit of wealth, charlie munger will be seen as the proverbial enigma wrapped in a paradoxhe is both a mystery and a contradiction at the same time. I had thomas jefferson over my bed at seven or eight. Thomas charles munger was born july 7, 1861, at fletcher, miami county, ohio, the son of samuel c. Munger is vice chairman of berkshire hathaway and warren buffets partner according to warren buffet.
Use features like bookmarks, note taking and highlighting while reading charlie munger. Munger, became an american investor and philanthropist. Joseph munger historical records and family trees myheritage. Charles thomas munger is an american investor, businessman, author, and philanthropist. He is also chairman of daily journal corp and director of costco wholesale corperation. What is a little surprising is how stupid academia could be theres a lot of silliness in economics. Berkshire hathaway vice chairman charlie munger told cnbc. Munger had served as chairperson in wesco financial corporation for 27 years until 2011. It also includes a foreword by warren e buffett and is edited by peter d kaufman. Like buffett, munger is a native of omaha, nebraska. For nearly twenty years, liz curtis higgs has made the holidays a little brighter throughout the year with her parable series. Munger served as chairman of wesco financial corporation from 1984 through 2011. Army air corps as a meteorologist, trained at caltech, he entered harvard law school without an undergraduate degree.
If youre looking for a great book to read, this list of books recommended by munger is a great place to start. The amount of waste from overtreatment of the dying is just disgusting published mon, may 8 2017 8. If charlie munger didnt quit when he was divorced, broke. Thomas married golda munger in month 19, at age 21 at marriage place, michigan. The munger surname comes from the german ungarn, meaning someone from hungary a magyar. You can imagine how excited i got when i saw this video on youtube in a classic manner, charlie dispensed knowledge and wisdom in his mungerism style. Charles munger ranked 512 among the worlds richest people in 2006. May 18, 2016 business books 10 book recommendations from warren buffetts righthand man avid reader charlie munger shares his top picks. Steve ross and the creation of time warner book recommended by charlie munger 2011 berkshire hathaway annual meeting. Bearers of munger would later emerge as a noble family with great. Mar 19, 2017 charlie thomas munger is an american business, philanthropist, and investor who works alongside with warren buffet as chairman of berkshire hathaway. You can zoom and also change the views by clicking on n, e, s or w.
Charles thomas munger born january 1, 1924 is an american investor, businessman, former real estate attorney, and philanthropist. In this summary of poor charlies almanack, ive extracted the most important points. Charlie munger s family tree includes a number of presidential kin including, but not limited to, warren g. Thomas 1151 books 87 friends zhiping 266 books 0 friends ektoras ross 966 books. He is vicechairman of berkshire hathaway corporation, the diversified investment corporation chaired by warren buffett. The complete investor columbia business school publishing kindle edition by griffin, tren. My family was into all that stuff, getting ahead through discipline, knowledge, and selfcontrol. Below are a list of 20 books recommended by munger and four books about charlie munger. In the chronicles of american financial history, writes david clark in the tao of charlie munger. In all his talks, he shows wit, rationality, and incredible clarity of thought. In multiple speeches, and in the book poor charlies almanack. In 1840 there were 107 munger families living in new york.
Munger s system has steered his investments for forty years and has guided generations of successful investors. Listed as one of charlie munger s favorite books on, history fans of both the stock genius and the creative printer of the 1800s will be intrigued by this pulitzer prizewinning 800page biography. A conversation with charlie munger and michigan ross in. Usc gould school of law commencement address the university of southern california may, 2007 3. Poor charlies almanack is a collection of speeches and talks by charlie munger, compiled by peter d. Charlie munger on getting rich, wisdom, focus, fake knowledge. Jun 03, 2014 if youre looking for a great book to read, this list of books recommended by munger is a great place to start. Here you can view pictures of charles munger s home in ca. Behind the scenes with berkshire hathaway billionaire charlie munger by janet lowe. Download it once and read it on your kindle device, pc, phones or tablets.
The next few years of charlie mungers life were filled with hard work, love and tragedy. Poor charlies almanack by charlie munger book summary and. Charlie munger is also the chairman of the daily journal corporation and the former chairman of wesco financial corporation. There are more books out there than anyone can read in a lifetime so it makes sense to optimize your reading time and focus only on the best books. The munger family name was found in the usa, the uk, canada, and scotland between 1840 and 1920. Munger is an admirer of benjamin franklin, and the books title is a tribute to franklins poor richards almanack net proceeds from sales of the book go to the munger research center at the huntington library. The longtime vice chairman of berkshire hathaway long ago assembled a checklist of 25 tendencies that lead to what he called. At 31 years old, charlie munger was divorced, broke, and burying his 9 year old son, who had died from cancer. Since the time in early 1997 when the metropolitan news company added munger as a defendant in its action against djc for unfair business practices, munger has.
Joseph munger was born on month day 1825, at birth place, new york, to joseph munger and candace munger born jerome. And it all started on january 1, 1924 when charles thomas munger was born in omaha, nebraska. Trying to get rich fast is dangerous because we have to gamble on the shortterm price direction of some stock or other asset. Munger is known to read quite a lot of books on varying topics. Henrietta munger, lucy munger and 5 other siblings. Business books 10 book recommendations from warren buffetts righthand man avid reader charlie munger shares his top picks. Joseph was born on april 9 1792, in ludlow, mass joseph had 7 siblings. Aug 21, 2017 charlie munger, berkshire hathaway lacy o toole cnbc take the richest man in the world, bill gates, who reads 50 books a year, or buffett, who spends as much as 80 percent of his day reading. He also remains director of costo continue reading charlie. Upon graduating from harvard law school in 1948, charles. Mellow charlie munger says trump not wrong on everything. There are a huge number of people trying to do the same.
The surname munger was first found in bohemia, where the name was closely identified in early mediaeval times with the feudal society that played a prominent role throughout european history. First published in 2005 isbn 1578643031, it was released in an expanded edition isbn 1578645018 three years later. As vice chairman of famed holding company berkshire hathaway, charlie munger is warren buffetts righthand man. Prime members enjoy free delivery and exclusive access to music, movies, tv shows, original audio series, and kindle books. He gave three talks that were combined into this talk at harvard university on 25 different biases that are the root of most poor. Charlie munger and donald trump agree on these 3 things stocks have rallied since trumps nov. Mungers worldly wisdom consists of a set of mental models. It consists of 2 commencement speeches made by munger harvard 1986 and ucla law. Jason zweig among investors and admirers of berkshire hathaway inc. Its just the best book of its kind i have ever read, and i just hugely enjoyed it. Charlie thomas munger is an american business, philanthropist, and investor who works alongside with warren buffet as chairman of berkshire hathaway.
Charles munger house pictures charles munger is vice chairman of berkshire hathaway corporation, the longtime \lieutenant\ of that companys head, warren buffett. This was about 54% of all the recorded munger s in the usa. He is vice chairman of berkshire hathaway, the conglomerate controlled by warren buffett. Well no doubt many of you are wondering why the speaker is so old, well the answer is obviously he hasnt died yet. While growing up omaha, charlie munger had his first runin with the buffett family, although he didnt meet warren until several years later.
The book is short only 104 pages but packed with amazing insights. A dozen things charlie munger has said about reading 25iq. Reutersrick wilking charlie munger is a college dropout who served as a meteorologist in the us army air corps before graduating from harvard law. At the annual shareholders meeting in omaha each spring, mr. New york had the highest population of munger families in 1840. Charles thomas munger is an american business magnate, lawyer, investor, and philanthropist. The complete investor columbia business school publishing. With the parable series, liz curtis higgs has given parents and kids alike beloved parables they can read throughout the year. In the tao of charlie munger, author david clark collected timeless munger quotes on life, business and building wealth.
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