Mar 19, 2017 charlie thomas munger is an american business, philanthropist, and investor who works alongside with warren buffet as chairman of berkshire hathaway. Nineteen more book recommendations from charlie munger. Here are 19 others charlie munger has recommended via farnam street with a bit about them from. Joe kosters summary of charlie mungers investing principles checklist, according to poor charlies almanack. Whether youve loved the book or not, if you give your honest and detailed thoughts then people will find new books that are right for them. Im just curious to calculate how much a human would read if they read a fairly small amount per day for m. The idea behind pp was to create a portfolio in away that investments were made so that the portfolio.
He has helped shareholders of berkshire hathaway amass untold fortunes. Munger is also one of the main inspirations behind seeking wisdom. One aspect that has been largely neglected is the effect of campaign tone on citizen. Books recommended by charlie munger 51 books goodreads. Precious metal prices rose sharply thursday following record high u.
Goldman sachs 10point reform package for india atanu. Aug 16, 2017 in the tao of charlie munger, author david clark collected timeless munger quotes from interviews, speeches, annual berkshire hathaway meetings, books and blogs. At 31 years old, charlie munger was divorced, broke, and burying his 9 year old son, who had died from cancer. And, those who bought in march 2012 have lost a generational 30% in 2 months, or even 20% since meredith whitney issued her upgrade in midapril. By all appearances, charlie munger doesnt seem like an interesting man.
Min fact, as i point out in my book battlefield america. The effect of campaign tone, in particular negative campaigns, have been studied extensively of late. Phil fisher had a significant influence on charlie mungers decision to invest in stocks based on a bargain relative to the quality of the business. John mcdonnell appeared to agree with this last point at labours 2019 conference but mps in other parties believe he was being economical with the truth.
The federal government collects more absolute tax revenue than during any other period in american history. Charlie mungers thoughts on investing, politics, and life. A new confiscatory 90 percent income tax on the top 1 percent would be fine because, after all, they would still be left. How state legislatures are responding to coronavirus. We do kind of mentally rub our own noses in our own mistakes. In early april, the arizona supreme court unanimously rejected patons law, an attempt by the state legislature to dictate to the charter city of tucson how it must conduct its elections. How to influence people with an assist from charlie munger. Charlie munger put it slightly differently, but the underlying message is the same. Warren buffetts reading list, from benjamin graham to football. Despite no recommendations to change dietary quantity or quality, there was an 8.
As of this writing, blunts highestgrossing film is the. Many people, myself among them, feel better at the mere sight of a book. A plague on the petty politics which impede progress. Munger s worldly wisdom consists of a set of mental models framed as a latticework to help solve critical business problems. If charlie munger didnt quit when he was divorced, broke. In august of 2014, i wrote a post called lies, damn lies, and statistics.
Charlie munger i always like it when someone attractive to me agrees with me, so i have fond memories of phil fisher. Assessment conducted for the european union king cotton in international trade the political economy of dispute resolution at the wto specialist markets in the early modern book world the poverty of work selling servant, slave and temporary labor on the free market. Munger has never stated how many books he has read. Marc brownstein is best known as the bass player for the philadelphia based quartet the disco biscuits. Munger is known to read quite a lot of books on varying topics. Negotiating agreement without giving in by roger fisher, faraday. Costco of course is a business that became the best in the world in its category. 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. Of course, any generation couldve bought citigroup in march 2009, as well as march 2008, march 2007, march 2006, march 2010, march 2011, and march 2012. As i was rereading poor charlies almanack, i found a lot of wisdom that was great to revisit. Charlie munger, vice chairman of berkshire hathaway, is often overshadowed by his colleague warren buffett. Good morning morons and moronettes and welcome to aoshqs prestigious sunday morning book thread.
Oct 03, 2016 i finished janet lowes book, damn right about charlie munger with a fat stack of notecards on the book. Munger, warren buffetts righthand man and a genius in his own right. Other readers will always be interested in your opinion of the books youve read. The indictment discusses failure to report the foreign accounts on tax returns for 2010 and previous years, but the actual charges only relate to 2011 through 2014 for manafort and 2011 through 20 for gates, probably for statute of limitations reasons because it says the. A dozen things warren buffett and charlie munger learned from sees candies by tren griffin some of. In recent years, the united states federal government has found itself in the fortunate position of collecting more inflationadjusted, real purchasing power tax revenue than it has during any other period of its 242 year history. Charlie mungers investing principles checklist gurufocus.
The federal government collects more absolute tax revenue. Charlies most basic guiding principles, his fundamental philosophy of life. To a man with a hammer everything looks like a nail. Specifically, i ran into a chapter that discusses some specific questions and recommendations to young people by charlie munger trades, portfolio. The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.
The war on the american people, all you really need to do is use certain trigger words, surf the internet, communicate using a cell phone, drive a car, stay at a hotel, purchase materials at a hardware store, take flying or boating lessons, appear suspicious, question government authority. Lots of things could be going on, but the trend was in the right direction. Judgment in managerial decision making this book is must reading for those seeking to maximize their contribution to the constructive work of the world. A member of the democratic party, she was attorney general of michigan from 1999 to 2003 and the 47th governor of michigan from 2003 to 2011. Charlie munger s recommended books on topics including investing, science, evolution, behavioral finance, poor charlie s almanack, god. Charlie mungers value investing principles checklist. Wyoming has one representative for its 584,000 population. Please dont buy this, it makes no economical sense to buy a book that is entirely replicated in a book that is half the price and has four times the amount of content. To read more about munger and the speeches he made, check out 10 insights from the berkshire hathaway weekend, as well as. Warren and charlie and the chocolate factory fortune.
If you do, then you not only have wasted your money, but more importantly, even charlie munger s wisdom probably cant save you from yourself. He is also chairman of daily journal corp and director of costco wholesale corperation. As vice chairman of famed holding company berkshire hathaway, charlie munger is warren buffetts righthand man. Incumbency as a source of spillover effects in mixed electoral systems. Aug 06, 2012 from charlie munger at the 2011 berkshire hathaway meeting. Jun 11, 2014 read cnn s fast facts about charles charlie munger and learn about the righthand man and business partner of warren buffett. They think im a book with a couple of legs sticking out. Senate committee reorganization, congressional record, vol. Charlie munger says living by this rule is key to his success. The biggest story at the end of 2012, which may well be the biggest latin america story of 20, is the hugo chavez saga. 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. We believe that 2010 most probably will be remembered for being one of the years with the least slideware and most focus on the world we live in and the market our customers are a part of. The president gave us precise instructions so that, after finishing the visit, we would tell the venezuelan people about his current health condition, maduro said. Heres how the electoral college is actually put together.
The focus will be on the investment methodology of charlie munger. Charlie munger munger is one of the best investors of our time you can see more on mungers resource page. Charlie munger, financial wizard and vicechairman of berkshire hathaway, once remarked to me, warren buffett and i made a lot of money just by not being stupid. This article mentions twenty books charlie munger has read and recommended over the years. Kennedy ultimately won, from the primaries to the general election. Sep 29, 2017 10 bits of wisdom from charlie munger warren buffetts right hand man adam arbour. A book based on the report strategic assessment of the development of the arctic. The arizona supreme court held that charter cities have rights. Add this topic to your myft digest for news straight to your inbox. Looking to get a head start on your 2020 reading list. The first week i drove it i experienced similar problems to yours, took it in to the dealer they test drove it and said it was me. In this short book 192 pages tren griffin gives us a selection of wellchosen quotes from which we can built up a picture of charlie munger the man and charlie munger the investor not that theres much difference between the two. Oct 26, 2016 but poor charlies almanack proves that munger has a lot to add.
How many books has charlie munger read in his entire lifetime. Wake up new zealand what does the globalist agenda new. The impulse to ask questions is among the more primitive human lusts. Forbes magazine hailed cialdinis work on their favorite 75 smartest business books list, with its explanation of how people feel obligated to return favors reciprocity and why commitment is so. By the book, i would have had two or three signal changes in the trading model which flipped the signal. I cant think of a better strategy for reducing waste and abuse in government. Doing so with dimons logic allows me to offer the following tongueincheek suggestion. In fact, corporate earnings will likely be trounced, which in combination with everything else that jpm lists out, correctly, could make the second half of 2012 a perfect storm for economic growth, an event which obamas preelectoral planners are all too aware of. Below are a list of 20 books recommended by munger and four books about charlie munger. Many people wrote about the not fair but reasonable judgement, used so often these days by independent advisers regarding corporate exercises. The great charm of charlie munger is his simple, no frills approach.
Charlie munger i have always imagined that paradise will be a kind of library. Identifying a moat that others have created which is something that people like charlie munger and warren buffett can do. Charlie munger once said that no one ever got rich being an asset allocator. The originators of trancefusion, a style of electronic rock fused with improvisation, the biscuits are among the most popular touring acts on the headcount roster, headlining major concert venues such as the tweeter center in camden, nj and the hammerstein ballroom in. Let us not forget that among womens rights is the right to speak freely. That makes sense, i assumed, munger has a lot to teach. Incumbency as a source of spillover effects in mixed. When psychology professor robert cialdini wrote his 1984 book. And it did it with an extreme meritocracy, and an extreme ethical dutyselfimposed to take all its cost advantages as fast as it could accumulate them and pass them on to the customers.
He ended up meeting lorimer davidson, then financial vice president. You cannot understand the rise of wealth inequality. It can be tempting to characterize charlie munger as the mr. Charlie munger on moats first of the four essential filters. A butler or waiter, or maybe both led me into a small reading room where the 88yearold munger, a lawyer by trade and. Charles thomas munger born january 1, 1924 is an american investor. Heres a list of every book warren buffett has recommended this. This assumes that every proxy i thought was a patterson vote actually was a patterson vote 257 out of 584 is 44%. In multiple speeches, and in the book poor charlie s almanack, munger has introduced the concept of elementary, worldly wisdom as it relates to business and finance. Feb 08, 2017 39 book recommendations from billionaire charlie munger that will make you smarter. Papers by the scores a recent report by goldman sachs, ten things for india to achieve its 2050 potential, makes for interesting reading. Insights on living a rich life from buffetts partner charlie.
In january 2017, she was hired as a cnn political contributor. Jul 26, 2018 billionaire charlie munger knows a thing or two about what it takes to achieve success after enjoying a fruitful law career, munger joined investment firm berkshire hathaway, where he has served. The accountability implications of presidential campaign. He was inspired by a book he borrowed from the omaha public library at the. Munger is also chairman of publisher newspaper publisher daily journal corp. The report is 124 pages long apparently malaysians really like long reports. May 04, 2015 berkshire hathaway vice chairman charlie munger says its rare that there is a dream candidate in politics. Evidence from a regressiondiscontinuity design article in electoral studies 272. She was the first female to serve as michigans governor. Charlie munger the best way to get a good spouse is to deserve a good spouse. Then i reread my first post on charlie munger and saw that there was little overlap.
Damn right is an extremely good book about charlie munger. Charlie munger it is really useful to be reminded of your errors. Free forest park ride aims to keep heat on trail access. In his 2012 letter, buffett gave a shoutout to carol loomis, a former editoratlarge. I think were warren buffett and charlie munger pretty good at that. A book thats earned its spot on the new york times bestseller book list, cialdini has concentrated over 30 years of research into how and why people respond with a yes instead of a no.
The day the world changed forever oregonmuse open blogger. However, much of the investment philosophy employed by buffett and berkshire can be. Charlie munger story bio, facts, networth, home, family. Luckily for us, warren buffett, billionaire investor and berkshire hathaway ceo.
Nov 16, 2012 what i wrote above is the first post in a series about methods used by charlie munger to do things such as invest capital. President of the san diego press club, former financial editor of the san diego tribune and the author of 16. Warren edward buffett is an american business magnate, investor, and philanthropist, who is. When there are new books recommended by charlie munger i sit up and take notice. We vote on a few very large things here and there fluoride grrr, water bureau, marijuana, etc. Full text of colorado springs independent 2012 2014 see other formats. It contained a personal note from charlie munger, warren buffetts colleague. The book is a collection of speeches and talks given by charlie munger, and compiled by peter kaufman who was on the board of directors of wesco financial which was essentially mungers version of buffetts berkshire hathaway. Book recommendations charlie munger on moats first of the four. You have to know your own limitations and manage your investment risk accordingly. The shadow health and care secretary, when approached, did not appear to indicate any willingness to cooperate and nor has the current secretary of state. This series of posts is not about topics like whether he likes to fish, his unusual personality or his political views.
Aug 20, 2014 in book recommendations from billionaire charlie munger that will make you smarter, it is not 100% clear what the source is but shane knows his stuff. At 800 or so pages this is the perfect book for a weeklong vacation. Charlie munger, buffetts longtime business partner and vice president of berkshire. There he met lorimer davidson, geicos vice president, and the two. Emily blunts highestgrossing films emily blunt frazer harrisongetty images. The institute for democracy and economic affairs ideas has issued a report about ge, titled was ge free and fair. Army air corps during wwii and was one of the few who managed to be commissioned as an officer without a college degree.
Few ideas from the first book i read about munger was notable in the second book about munger. Further information on warren buffetts time at berkshire hathaway. Charlie munger reveals secrets to getting rich youtube. The transfer of an entirely new and quite different framework for thinking about, designing, and using information systems is immensely more difficult than transferring technology. Warren buffett has a lengthy list of books for you to read. The latest example comes from charlie munger, warren buffetts right hand man, who tends to demonstrate an incredible capacity for verbal diarrhea 25 books billionaire charlie munger thinks everyone should read if youre looking for a book to read this summer, this list of books recommended by munger is a great place to start. An easy way to identify a bad argument or investment thesis is to follow charlie munger s exhortation. Jennifer mulhern granholm born february 5, 1959 is a canadianamerican politician, lawyer, educator, author, and political commentator. Four decades later, hrc was the largest gayadvocacy group in the country, and electoral campaigning was still a huge part of its purpose. Charlie munger quickly identify mistakes and take action. The main thing thats needed is simply the recognition of how important seeing is, and the will to do something about it.
Sanders ends presidential campaign, biden is presumptive nominee. I penned it because, at the time, i was seeing a lot of situations in the media in which data was being used to push a political agenda on either the far right or the far left. You cannot understand the rise of wealth inequality without acknowledging the role of interest rates. Ive tried to keep track of and read every recommendation he has made and ive yet to be disappointed. Risk all investment evaluations should begin by measuring risk, especially reputational. The rocky mountain collegian, wednesday, october 31, 2012. Aug 07, 2018 when there are new books recommended by charlie munger i sit up and take notice. Part of a long series of papers, this is global economics paper number 169, and their fourth paper dealing with india. Founded in 1993 by brothers tom and david gardner, the motley fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium. Jul, 2012 if you know anything about charlie munger, hes famous for his quick wit, plain spoken wit and absolute genius.
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