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Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition Hardcover


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Product Details

  • Hardcover: 548 pages
  • Publisher: Walsworth Publishing Company; 3rd edition (2005)
  • Language: English
  • ISBN-10: 1578645018
  • ISBN-13: 978-1578645015
  • Product Dimensions: 10 x 9.9 x 1.5 inches
  • Shipping Weight: 5.4 pounds
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (35 customer reviews)
  • Amazon Best Sellers Rank: #9,421 in Books (See Top 100 in Books)

Customer Reviews

I read the Chinese edition printed by Taiwan publisher.
chine
Over time, you'll see things how Munger does and start to think like Munger does.
Richard E. Pitts Jr.
Very enjoyable read with a hint of humor and a heavy dose of wisdom.
Matthew Kobus

Most Helpful Customer Reviews

117 of 124 people found the following review helpful By Richard E. Pitts Jr. on March 14, 2010
Format: Hardcover Verified Purchase
First of all, this is my first and last book review. I don't write these ever, and I will never write one again. However, seeing this gem had only 6 reviews and I felt this needed to be said.

You can't afford to not read this. Think of it as a gift to humanity from a higher more intelligent species - Its something you don't want to go through life having missed.

I spend about 16 hours a day researching financial markets/value investing.

I have read over 50 books on related subjects - No book has influenced my thought process more that this one. It is simply amazing.

You will not get the value from this book when you close the last page, but when you see the world relate in the ways Munger lays out for you. This is one of the greatest minds and business and he tells you his secrets. The last chapter on the psychology of human misjudgment will live on past Munger's days. It is his greatest work and is invaluable information. The way your brain fires and works will literally physically change over time from the things this book teaches you. Its a mind trainer - it teaches you how to look at problems. It is worth its weight in platinum.

I don't care who you are. You need to buy this and pound his ideas in your head. You won't even think its that great as you read it and might even wonder why it is praised so much. Over time, you'll see things how Munger does and start to think like Munger does. Whatever field you are in, this book will help you to look and analyze problems and the world as a whole in a different more intelligent manner. Again, I cannot praise or recommend this book enough. When your done with it and look back years later, this odd review I just wrote will make crystal clear sense to you. Your welcome.
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52 of 55 people found the following review helpful By K. Zhu on November 9, 2009
Format: Hardcover
First, the text content makes this a good book, as others have pointed out far more extensively than I can here. But I have to agree, the illustrations are absolutely useless and the editor should be blamed for dumbing down the book in this manner. They could have made a much more compact book on lightweight pages, good for handheld reading, instead of a table book printed on glossy paper that will probably break the table it's placed on.

My biggest tip -- don't pay more than $50 from crazy people selling here -- just buy it from the book's website at [...].
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11 of 11 people found the following review helpful By MB's Bud on January 13, 2013
Format: Hardcover Verified Purchase
I read this book as part of my plan to read the required readings from the syllabus' posted on line from the MBA courses at Columbia University. Many of the professors also give suggested supplemental readings. Somewhere in there this was recommended. Don't expect advice on getting rich quick. That isn't what this book is about. It isn't about security analysis. No long chapters of number crunching. It is about life and how to see the world the way it really works. There is so much useful "Worldly Wisdom" in this book it is well worth the price I paid. It also has a list of additional readings recommended by either Munger or Kaufman on a broad variety of topics. In every chapter, the alert reader is also exposed to many other writers, thinkers, successful people an ideas that beg further investigation. It is almost impossible to read this book without expanding your future reading list substantially.
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12 of 13 people found the following review helpful By Ronald in Hawaii on May 5, 2011
Format: Hardcover
I am a HUGE fan of Charlie Munger. Sometimes equal to and even more than Warren Buffett who I also greatly admire for both his general wisdom and his investment track record. I might mention that Charlie FANS should be sure to take a look at his YouTube clips of speeches at the University of Michigan and at USC.

That said, I wanted to buy this book. But saw only USED copies for sale. I was disappointed, but then in reading Wikipedia I discovered that the book is available NEW on the Internet directly from a site that apparently gives the proceeds to a Charlie charity at the Hunington Museum.

The site is PCA Publishing or Intermountain Books Inc. They have a toll free number. The books costs $49 NEW plus shipping.

This message is NOT spam. I have no financial interest in this information or this site. I just wanted Amazon customers to know they can get the books for less that I see the USED prices on Amazon today.

Also the related book "Seeking Wisdom" is also available NEW and for $28 which is also lower than the prices for used copies on amazon.

I hope this information is helpful to FANS of Charlie Munger. Charlie would not admire people who pay more for USED items than they do for the same item new. At least I don't think he would
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61 of 78 people found the following review helpful By Jaewoo Kim VINE VOICE on December 21, 2010
Format: Hardcover Verified Purchase
Charlie Munger is a talented and smart man. He has been a successful lawyer and investor. He is also one of the wealthiest man in the US and is a famous partner of Warren Buffet.

The book combines much of his wisdom and insights and summarizes them in a highly readable format.

I have two issues with this book which prevents it from becoming a must read.

1)The book is made up of expensive glossy paper with lot of pictures and drawings with large typeface. The result is a book that is needlessly large, very heavy, and expensive and meager in content relative to a more normal autobiography. The book was not designed and priced to sell, and it seems to have sold poorly.

2)Charlie Munger praises himself (or have others praise him) way too much in this book. About 15-30% of this book is dedicated to the "Great Charlie". He calls himself "genius" at least couple of times. He also has many endorsement of his greatness and genius by other talented people such as Bill Gates. That's too bad, because Charlie is not only a great intellectual with awesome insights into practically everything, but he is also seemingly a man of great integrity and charity.

I am a great fan of Charlie Munger and I am glad to have read this book and absorb much of Charlie's wisdom. I just think the two major flaws of this book made it less than great.
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