Charles Thomas Munger (born January 1, 1924) is an American investor, businessman and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also the chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
Charlie Munger, Berkshire Hathaway’s visionary vice chairman and Warren Buffett‘s indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of “elementary, worldly wisdom”―a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management―(…) ()
“Charlie has lived by the creed that one should live a life that doesn’t need explaining. But his life should be explained. (…), Charlie is a true hero and mentor. He lives the life lessons that he has studiously extracted from other true heroes and mentors, from Ben Franklin to Ben Graham. This book illuminates those life lessons.” -RONALD L. OLSON, Munger, Tolles & Olson llp ()
Today, Munger is one of America’s most successful investors, (…), and Warren Buffett’s business partner for almost forty years. Buffett says “Berkshire has been built to Charlie’s blueprint. My role has been that of general contractor.” Munger is an intelligent, opinionated business man whose ideas can teach professional and amateur investors how to be successful in finance and life. ()
Poor Charlie’s Almanack contains the wit and wisdom of Charlie Munger: his talks, lectures and public commentary. So pull up your favorite reading chair and enjoy the unique humor, wit and insight that Charlie Munger brings to the world of business, investing and life itself. You are about to embark on an extraordinary journey toward better investment, decision making, and thinking about the world and life in general. ()