Youd be amazed at how much warren buffett reads at how much. Charlie munger trades, portfolio and li lu coappeared in an interview in one of chinas top finance magazines. Warren buffett and charlie munger answer a question on disney and recommend books at the 1996 berkshire hathaway annual meeting. They think im a book with a couple of legs sticking out. Apr 05, 2018 invested how warren buffett and charlie munger taught me to master my mind, my emotions, and my money with a little help from my dad by danielle town and phil town 319 pp. Books recommended by berkshire hathaways charlie munger. If charlie munger didnt quit when he was divorced, broke. If youre looking for a reading list to dig through, charlie mungers ranks at the top. By andrew mcvagh, last updated august 7, 2018 3 comments. Jan 25, 2018 interested on what type of books the vice chairman of berkshire hathaway, charlie munger reads.
Charlie munger book recommendations poor charlies almanack. We all know how important an understanding of psychology is to sound investment practices. 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 is an american investor, businessman and philanthropist. Apr 20, 2018 warren buffett and charlie munger both cite their extensive reading habits as a major cornerstone of their success.
For those of you who cant make the meeting, go to to order a copy. Books recommended by charlie munger 51 books goodreads. Heres a list of every book warren buffett has recommended. With that in mind we have been updating our book list and now have a consolidated post below. If you have not read it, i highly recommend you go out and find a copy. At 31 years old, charlie munger was divorced, broke, and burying his 9 year old son, who had died from cancer. Charlie munger, business partner of warren buffett, recently spoke at the 2019 daily journal annual meeting. This is okay since the two tycoons have extremely tight working relationship and it is hard to separate them unless the sole purpose is to distinguish the two. I did not find any book recommendations listed for 2008. Poor charlies almanack as mentioned, he previously ran his own investing partnership. Over the years theyve shared book recommendations and insights gained from their favorite reads with berkshire hathaway shareholders. Hes also a keen advocate of selfeducation and has, over the years, recommended circa 185 titles that he thinks are worth. This powerful chart made peter lynch 29% a year for years poor charlie s almanac features charlie munger trades, portfolios own checklist, which he believes can help all investors, no matter what their age or experience.
Poor charlies almanack was twice the cost of any book id ever bought, but also 2x more valuable charlie munger is the 94year old billionaire righthand man of warren buffet. The interview was conducted in chinese, but munger answered in english. Feb 08, 2017 a book recommended by bill gates and charlie munger. Excerpts from pages 206209 of poor charlies almanack. A couple of weeks ago tobias and i compiled our list of 50 of the best investing books of all time.
Nineteen more book recommendations from charlie munger. Life lessons, success, principles and mental models from a titan of finance kindle edition by thorniley, dave. Jan 25, 2019 warren buffett and charlie munger answer a question on disney and recommend books at the 1996 berkshire hathaway annual meeting. Gates said, the book had a profound effect on the way i think about history and why certain societies advance faster than. Charlie munger has had a long life he is currently 93 years old and still working. Reading is a big part of life and majority of successful people apply it. You can see how his thoughts and opinions have changed, or remained constant, over the years. Over the years theyve shared book recommendations and insights gained from their. As a voracious reader himself, however, he has even more recommendations. In my whole life, i have known no wise people over a broad. Charlie munger book recommendations focused must reads. Munger, expanded third edition in honor of the daily journal conference we decied to update our munger book list today stay tuned for our notes and possible book recommendations there as we are at the event live say hi to raul if you are there and reading this. In his capacity, munger has been a behindthescenes cothinker at berkshire and has influenced many a decision made by warren buffett.
With his famously abrupt manner, charlie munger is a hard man to please. In book recommendations from billionaire charlie munger that will make you smarter, we covered off some of the books that hes recommended to readers and berkshire hathaway shareholders over the years. Feb 14, 2018 charlie munger, poor charlies almanack. Download it once and read it on your kindle device, pc, phones or tablets. Your 2018 warren buffett book list the motley fool. Not only is munger one of the smartest people on the planet his lecture on the psychology of human misjudgment is the best 45 minutes you might spend this year but hes put all of those brains to use in a practical way.
For another shelf, see 19 more book recommendations from charlie munger. Charlie munger has served as vice chairman of warren buffetts berkshire hathaway inc. Run, dont walk, to buy charlie mungers favorite stock. That makes munger one of the best and most successful stock pickers on the planet. Munger has recommended these books in poor charlies almanack, shareholder meetings, shareholder letters, and interviews. The book is called charlie munger, however, 70%, if not more of the content is about warren and charlie warren first, charlie second. Warren buffett and charlie munger both cite their extensive reading habits as a major cornerstone of their success.
Eight unconventional ceos and their radically rational blueprint for success, titan. Although largely focused on linking to investing and economic material it deems of interest, it will also post and link to. Charlie munger reading list from poor charlies almanac. Charlie munger is the billionaire business partner of warren buffett and the vice chairman at berkshire hathaway, one of the largest. If youre looking for a book to read this summer, this list of books recommended by munger is a great place to. Consider this a look at one of mungers many bookshelves. Last week we put together our list of seth klarmans. The berkshire hathaway reading list warren buffett archive. Charlie munger teaches you the investment approach and ideas about life from warren buffetts business partner and billionaire charlie munger, which the two have used for decades to run one of the most successful companies in the world. Through various foundations he funds poverty reduction efforts, and research into healthcare and clean energy. The art of stock picking by charlie munger trades, portfolio is required reading for value investors. Discover the books warren buffett recommended to his shareholders in 2018.
Without any advertising or bookstore placement, charlies book has now remarkably sold nearly 50,000 copies. Investing advice from charlie munger joshua kennon. 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. Aug 10, 2018 not only is munger one of the smartest people on the planet his lecture on the psychology of human misjudgment is the best 45 minutes you might spend this year but hes put all of those brains to use in a practical way.
When asked for a foolproof system of achieving financial security or saving for retirement, charlie responds. Discover 24 book recommendations from charlie munger himself. And when charlie munger espouses the virtues of someone he considers a leader in the psychology field, its well worth taking note of his opinion robert cialdini is the author of an incredibly insightful book, influence. Charlie mungers favorite books 17012018 12032017 by karl niebuhr in my whole life, i have known no wise people over a broad subject matter area who didnt read all the timenone. Invested how warren buffett and charlie munger taught me to master my mind, my emotions, and my money with a little help from my dad by danielle town and phil town 319 pp.
Books recommended by gates, einhorn, munger, greeblatt, loeb. The great charm of charlie munger is his simple, no frills approach. Over the years, ive put together a charlie munger reading list. Cialdini has spent his entire career researching the science of influence. Curated collections of video clips with warren buffett speaking about a wide variety of specific topics and themes that have shaped his business career and his life. Books recommended by charlie munger score a books 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.
Jul 16, 2016 charlie munger summary july 16, 2016 april 11, 2019 niklas goeke personal finance 1sentencesummary. At his annual meeting each year, he provides his list of recommended books. We were only able to come up with a few during our research on the topic, but hope to add to this list at a further date. Microsoft made bill gates a household name but its his work beyond tech that keeps him in the headlines. Two other books that might interest you are damn right behind the scenes with berkshire hathaway billionaire charlie munger and, one of my all time personal favorites, seeking wisdom. Munger served as chairman of wesco financial corporation from 1984 through 2011. Below are a list of 20 books recommended by munger and four books about charlie munger.
Feb 15, 2019 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. Interested on what type of books the vice chairman of berkshire hathaway, charlie munger reads. Needless to say, its an extremely rare occasion when either appears on an interview, not to mention both. 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. Charlie mungers recommended reading list market folly. Nineteen more book recommendations from charlie munger vw staff 20140820t09. Charlie munger is warren buffetts partner and vicechairman at berkshire hathaway, the investment conglomerate. Followed by the books he recommends about his longtime partner charlie munger. He is vice chairman of berkshire hathaway, the conglomerate controlled by warren buffett. It has so many incredible nuggets of great advice of how to live a happy, memorable andsuccessful life.
Its not in an attractive business, but the company has gained a. Nov 03, 2015 18 book recommendations from billionaire warren buffett the legendary investor, who spends about 80 percent of his day reading, believes that these titles provide timeless financial lessons. Business books 10 book recommendations from warren buffetts righthand man avid reader charlie munger shares his top picks. His life is best summarized with the following from the acclaimed book poor charlies almanack source.
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. Charlie munger summary july 16, 2016 april 11, 2019 niklas goeke personal finance 1sentencesummary. This was the final book of the five books that i set out to read in 2019 as part of my personal finance resolutions. He introduced the concept of elementary worldly wisdom as it relates to business and finance. Book recommendations from charlie munger eye edit books. Carl icahn favorite books updated on 432017 although, he has never authored one, carl icahn has recommended several books over his career. Charlie munger at the 2018 daily journal corporation agm. Highquality companies in china are currently available for cheaper prices than similar companies in the usa. Fish where the fish arefor charlie, that means china.
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