- Paperback: 304 pages
- Publisher: Wiley; New edition edition (May 9, 2003)
- Language: English
- ISBN-10: 0471446912
- ISBN-13: 978-0471446910
- Product Dimensions: 5.6 x 0.8 x 8.8 inches
- Shipping Weight: 1.2 pounds (View shipping rates and policies)
- Average Customer Review: 60 customer reviews
- Amazon Best Sellers Rank: #56,139 in Books (See Top 100 in Books)
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Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger New edition Edition
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From the Back Cover
Praise For Damn Right!
From the author of the bestselling WARREN BUFFETT SPEAKS
"Charlie Munger, whose reputation is deep and wide, based on anextraordinary record of brilliantly successful business strategies,sees things that others dont. There is a method to hismastery and, through this book, we get a chance to learn about thisrare individual."
MICHAEL EISNER, Chairman and CEO, The Walt DisneyCompany
"Janet Lowe uncovers the iconoclastic genius and subtle charmbehind Charlie Mungers curmudgeonly facade in this richlywoven portrait of our eras heir to Ben Franklin. With abiographers detachment, an historians thoroughness, anda financial writers common sense, Lowe produces a rivetingaccount of the family, personal, and business life of thisidiosyncratically complex and endlessly fascinating figure."
LAWRENCE A. CUNNINGHAM, Cardozo Law School
Author of The Essays of Warren Buffett: Lessons for CorporateAmerica
"For years, Berkshire Hathaway shareholders and investorsworldwide (me included) have struggled to learn more about WarrenBuffetts cerebral sidekick. Now we can rest and enjoy readingJanet Lowes book about this rare intellectual jewel calledCharlie Munger."
ROBERT G. HAGSTROM, Author of The Warren BuffettWay
"Janet Lowes unprecedented access to Charlie Munger andWarren Buffett has resulted in a first-class book that investors,academics, and CEOs will find entertaining and highlyuseful."
TIMOTHY P. VICK
Money Manager and Author of How to Pick Stocks Like WarrenBuffett
About the Author
JANET LOWE is an investment writer and author who has written several business and biographical works, including the bestseller Warren Buffett Speaks as well as Welch: An American Icon and The Man Who Beats the S&P: Investing with Bill Miller (all published by Wiley). Ms. Lowe is a past editor of the San Diego Daily Transcript and financial editor of the San Diego Tribune. More than 200 of her business articles have appeared in such publications as Newsweek, the Christian Science Monitor, the Los Angeles Times, and the San Francisco Chronicle.
Top customer reviews
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I wanted to start investing in securities and stocks, and after watching various videos on YouTube, I was more excited than ever about making money through investment. I thought I could best learn how to do it by reading about Buffet and Munger's lives, and in this book, Munger reenforced the best, tried and true way to invest and make money: stick with what you know, learn more about it, work hard at it, and invest in it aggressively. "It" for Munger was business stocks investment based on his attorney career. Munger was always interested in business stock investment, and it took him many years of trials and errors. If I started to learn about investment now, it will take me years. After reading this book, I realized that the best investment I can make is on my own business that I have. Learn more about it, work hard at it, and invest in it aggressively, and this would give me better return and less chance for failure than trusting so called investment consultant who gambles with the money I worked so hard to earn.
It is not a story of get rich fast, or a story of a young guy with a brilliant idea that changed the world in 5 years or less. It is a different kind of a story, a story of hard work, a story of tragedies and triumphs, a story of building your life dreams one day at a time, a story of a man with gumption.
Some criticize the book of not detailing the investment philosophy of Charles Munger, some say it has too many details or too few of them. I think it is not an investment book per se, but it is a mind set book. I find it to be a fascinating story of a man with values that we all know, determination that we aspire to have, and yes some luck that we wish for.
I once spoke with two business owners, they both had the same type of business, they both had partners, both were determined and hard working and they both struggled, one of them became a very successful multi branch business while the other bankrupt.
Why? I think that by reading the book you might find the answer, and if not you might get inspired, when things are not bright there will be the ones who will give up and ones that will keep on pushing. Charles Munger story is of a person that kept on going for decades and achieved the success he deserved.
Author of "Why do we sell low and buy high? The guide you must read BEFORE you invest"
If you expect to learn more about Charlie Muger, Buffet's mysterious sidekick, then you will be very disappointed. Ms. Lowe talks in great detail about Munger's aunts, uncles, parents, grandparents, and their dogs but doesn't say much about him. The author seems to be more interested in Munger's life style and his family than in his approach to business and investing.
Ms. Lowe repeats the story of Berkshire Hathaway in a most superficial way. There are much better books on this topic (see Robert Hagstrom's 'The Warren Buffet Way'). I gave it three stars only because there are some bright spots, such as Appendix D and few interesting facts about the man and his way of thinking.