This article mentions twenty books charlie munger has read and. One notable application of this system by munger relates to investing and involves another system developed by benjamin graham. Behind berkshire hathaway, one of the largest companies in the world by market value, there is the greatest investment. Charlie munger, warren buffetts righthand man, said that he is glad the scandals at wells fargo brought problems to light just as it was a good thing that harvey weinsteins behavior was brought.
Mungers responses to questions usually come in the form of witty oneliners and even have their own nickname. Books recommended by charlie munger the ceo library. B and endless well of investing wisdom, also manages a. A book recommended by bill gates and charlie munger. The complete investor columbia business school publishing. Charlie munger is the vice chairman of berkshire hathaway. This book presents the essential steps of mungers investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and businesscase historians. Learning about mungers ideas and methods, griffin promises, will forever change the way you think about investing and about life.
Charlie insisted that the value investing investor would be better served by focusing on better quality businesses, even if the price were higher, because those businesses could be held for. That makes munger one of the best and most successful stock pickers on the planet. This video shares some of his knowledge of business, investing, and life. Griffins indepth, carefully curated presentation of the tips, tricks and tales behind mungers incredible investing career. Run, dont walk, to buy charlie mungers favorite stock. Interested in gaining knowledge from other business and.
Charlie munger trades, portfolio, warren buffett trades, portfolios trusted partner at berkshire hathaway brk. Heres the journals book value per share from yearend 2008 to yearend 2014. Learn the principles and traits that characterize the successful value investor and have made buffetts righthand man immensely wealthy. With his famously abrupt manner, charlie munger is a hard man to please. This is a great book filled with the timeless wisdom and sharp wit of charlie munger. Many investors make the mistake of believing that investments in highquality businesses are inherently less risky. And charlie mungers investments have put a rocket under the daily journals book value growth.
The complete investor columbia business school publishing kindle edition by griffin, tren. They think im a book with a couple of legs sticking out. Was instrumental, along with investor and author phil fisher. Based on that i figured i would put together a charlie munger reading list for other people that are interested as well similar to my list of warren buffett books. This book presents the essential steps of mungers investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and. But, given that the two seem to agree more often than not, one can always apply buffetts criteria as a fill in for mungers. Mungers system has steered his investments for forty years and has guided generations of successful investors. Munger, otherwise probably best know as the vice chairman of berkshire hathaway and partner of warren buffett. Charlie munger, warren buffett on harvey weinstein, wells. Im happy to tell you that, in tren griffins charlie munger, that book has finally. Evergreen charlie munger quotes on investing, wisdom, money, success, focus and. Robert hagstrom, author of the warren buffett way and investing. Charlie munger says the chinese stock market is a better deal than america right now this is the moment america met warren buffett warren.
Thats why ive compiled a list of the 10 best charlie munger quotes. Charlie munger, berkshire hathaways visionary vice chairman and warren buffetts. The book is meant to corral all the various sources of munger teachings into a unified theory of investing. Munger is known to read quite a lot of books on varying topics. Use features like bookmarks, note taking and highlighting while reading charlie munger. Charlie munger is the billionaire business partner of warren buffett and the. Insights on living a rich life from buffetts partner. Charlie munger and donald trump agree in these 3 ways david clark is an investor, attorney and the coauthor of eight books on warren buffett. In his book poor charlies almanack, munger has introduced the concept of elementary, worldly wisdom as it relates to business and finance.
Charlie munger, the vice chairman of berkshire hathaway, former hedge fund manager, and billionaire value investor, was instrumental in changing warren buffetts way of thinking about value investing. Charlie munger trades, portfolio is not only warren buffett trades, portfolios righthand man, but an accomplished investor in his own right even though he is often overlooked in favor of buffett, who is more charismatic and has plenty of publicity, mungers investment advice is highly valuable for investors of all experiences. Charlie munger says chinese stocks look cheap, but you can. Charlie munger has served as vice chairman of warren buffetts berkshire hathaway inc. The 10 best charlie munger quotes vintage value investing. In the tao of charlie munger, author david clark collected timeless munger quotes from interviews, speeches, annual berkshire hathaway meetings, books and blogs. Charlie munger, berkshire hathaways visionary vice chairman and warren buffetts indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. Charlie munger has developed a powerful system that is useful in making any type of decision. Books by and about charlie munger invest like the best. Charlie munger is warren buffetts righthand man, and one half of what is arguably the most successful investment partnership of all time. This book is carried not by the author or writing style, but earns 4 solid stars for the wisdom of charlie munger that reverberates beyond the syntax of the prose. While it covers munger and grahams value investing model, the book is. So, here is a list of indian stocks that match mungers stock picking criteria.
Charlie munger the game of life is the game of everlasting learnings. Download it once and read it on your kindle device, pc, phones or tablets. Charlie munger munger is one of the best investors of our time you can see more on mungers resource page. Ive tried to keep track of and read every recommendation he has made and ive yet to be disappointed. This book presents the essential steps of mungers investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder. Gates said, the book had a profound effect on the way i think about history and why certain societies advance faster than. Charlie mungers guide to forever investing seeking alpha.
To find out, our latest ic book club turns to a widerranging view of the world of investing. Charlie munger has never really stated an investment criteria for stocks as clearly as warren buffett has done. Charlies maxims echo the wisdom of ben franklin on how to achieve success through integrity, reputation, thrift, hardwork, constant learning and reading. For the unaware, you can read the wikipedia for charles t. Building a charlie munger investing checklist investing. It is useful to understand what is known as value investing not just for its own sake, but to understand. Most investors, says munger, think quality, as opposed to price, is the determinant of whether somethings risky. This book presents the essential steps of mungers investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors. About charlie munger professional gave up his law practice to focus on something, investing, that seemed more sensible as a vehicle toward the financial freedom that he so desired. Charlie munger tren griffin bok 9780231170987 bokus. The reason why munger made such sizable investments in cocacola is because the. Charlie munger go to bed a little wiser than when you woke up. I m happy to tell you that, in tren griffins charlie munger, that book has finally.
Reading recommendations of successful people is something which everyone. The vicechairman of berkshire hathaway corporation, the diversified company chaired by renowned investor warren buffet. His long track of successful investments along with warren buffet is unprecedented. Mastering the power of the focus investment strategy. Charles thomas munger born january 1, 1924 is an american investor, businessman, former real estate attorney, and philanthropist.
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