books

Money
Psychology
Business

Books like Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger

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

Poor Charlie got on my list because Drew Houston of Dropbox said it was one of the best books he had ever read. After blasting through it…. I can understand why he said so, but I’m not sure I agree with him.This is a book that talks a lot about how great and wise Charlie Munger is, but comes up a bit short in the actual wisdom-dispensing department. The one-liner for this book is basically “Be wise, don’t fool yourself, and make the right decisions.” Thanks Charlie. I’ll get right on that.There wasn’t anything mind-blowing in here. Munger’s advice is typically Midwestern-style morality like “be reliable”, “be honest”, “be patient” with a dash of chaos theory and psychology. He’s big into synthesis and this book is itself an entertaining synthesis of business, history, philosophy, and psychology. There are a couple gems in here that I’ve pulled out in the quotes below.Also, potential readers should be forewarned - this is an enormous coffee-table-style book. You can’t get it on Kindle or even on Amazon. You have to buy it straight from some weird publishing house’s website. And it’s expensive - I bought mine for like $80 or something. A bit ridiculous if you ask me!A final note… there’s an Easter Egg in here for any Yalies reading. Munger has a picture of Yale’s Hall of Graduate Studies building in his section on “Critique of Academia: Fatal Disconnectedness” and 2 pages later has a picture of him reading Paul Kennedy’s “Rise and Fall of the Great Powers”... I’m not sure he or his editor were quite aware of what they were doing!Full review and highlights at http://books.max-nova.com/poor-charlies/

Filter by:

Cross-category suggestions

Filter by:

Filter by:

Filter by:

Filter by:

Filter by:

Filter by:

Filter by: