- Hardcover: 548 pages
- Publisher: Walsworth Publishing Company; 3rd edition (2005)
- Language: English
- ISBN-10: 1578645018
- ISBN-13: 978-1578645015
- Product Dimensions: 10.1 x 10.1 x 1 inches
- Shipping Weight: 5.3 pounds
- Average Customer Review: 4.7 out of 5 stars See all reviews (102 customer reviews)
- Amazon Best Sellers Rank: #8,403 in Books (See Top 100 in Books)
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Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition Hardcover – 2005
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Top Customer Reviews
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.
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
My biggest tip -- don't pay more than $50 from crazy people selling here -- just buy it from the book's website at [...].
The book's title ties into Munger's all-time role-model. Between 1733 and 1758, Benjamin Franklin published a hugely successful almanack. To some extent, Munger has taken the philosophies of Franklin to an extreme, not only as regards to compounding, but mostly in viewing the world through the binoculars of multiple disciplines. Munger's appreciation for "wonderful businesses" comes straight from Franklin's compounding experiment and praise for innovation as a way to a long-lasting competitive edge. The layout of the book consists of 11 writings, complimented with pictures and additional information. The speech at USC in 1994 would all by itself be enough to put Munger at a legendary status. For any serious investor it should without question be required reading. For people in general, the "Elementary, Worldy Wisdom" that Munger strives to acquire is never more eloquently described than in this speech. To him, learning has always been a lifelong endeavour.Read more ›
Most Recent Customer Reviews
This makes the perfect gift for that department head who can give you that raise lolPublished 6 days ago by Will
This a great book with some great ideas and thoughts, especially if you aren't familiar with Munger. Read morePublished 27 days ago by Karl
A friend that I use as a Stock Trade Mentor recommended this book. I was slightly overwhelmed when it arrived, but I was determined to read the book from cover to cover. Read morePublished 1 month ago by Dee W.
What can I say about Charlie Munger and this book? The $1.2 billion net worth of Charlie speaks for itself. Read morePublished 2 months ago by Tyler Durden