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

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from: The Donning Company

 : Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
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Used Price: $29.29






Type of bind: Hardcover
EAN num: 9781578643387
Format: Abridged
ISBN number: 1578643031
Label: The Donning Company
Manufacturer: The Donning Company
Page Count: 240
Printing Date: 2005
Publishing house: The Donning Company
Sale Popularity Level: 994529
Studio: The Donning Company




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Editor's Notes and Comments:

Product Description:
This abridged, shortened version of Poor Charlie's Almanack is a great resource for understanding what goes into creating the mind of a successful investor.



Customer Reviews
User popularity level:  out of 5 stars

Rated by buyers 3 out of 5 stars - Silent partner
Most billionaires have a stellar silent partner, Warren Buffet is no exception. The speeches chronicled in this book may take more than one read but they're insightful. Munger's deep analysis doubles as life's lessons as well as financial advice. Refer to it often, it's worth every penny!



Rated by buyers 1 out of 5 stars - A waste of time and money
All in all, this thick volume comes off rather thin.

The book's very first half feels like a hagiography, with countless people testifying to Mr. Munger's multifaceted greatness. Following that is a number of repetitive, less-than-inspiring speeches delivered by Mr. Munger at various times.

Strip away the glowing testimonials and the cutesy cartoons and all you're left with is a portrait of a grouchy, know-it-all octogenerian.

Not a work on which to spend any time or money.



Rated by buyers 5 out of 5 stars - Why buy the book here when you can get it for $49 from the source?
Just go to www.poorcharliesalmanack.com



Rated by buyers 5 out of 5 stars - RMisdom on Poor Charlie's Almanack
Read much of the book this week preceding Christmas 2005, pausing to read several reviews herein. Great lessons, presented in earnest, worth every dollar, however, only to he who truly reads with focused abandon. I believe Goethe said something like Truth Only Is Known By The Minority...explaining why some readers will not get it. I agree with most of Buffet-Mungerisms...only question I would ask is why not a single quotation from any translation of The Holy Bible? Great addition to thoughtful library quite equal to Franklin's Original Autobiography.



Rated by buyers 5 out of 5 stars - Mental Models - Avoid the Man with a Hammer Syndrome
The majority of the book is mostly a compilation of his Top 10 public speeches, but with many side business anecdotes and references. The highlight however is with respect to his "Mental Models" with some new material. As Munger says, without the Models you're doomed with the "Man with a Hammer" syndrome. Just as you need several tools to both be a competent individual and to provide something back to society, you also need the tools to be a good investor as you are rarely the smartest one in the room.

In addition, the recommended readings (if adhered to) are an education in themselves and are primarily the basis for many of the Mental Models presented, but entail so, so much more. Whether you are interested in investing, or not, one can learn many life lessons from the mental model teachings in Poor Charlie's Almanack.

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