Words of wisdom from the late Charlie MungerâWarren Buffettâs longtime business partner and the visionary Vice Chairman of Berkshire Hathawayâcollected and interpreted with an eye towards investing by David Clark, coauthor of the bestselling Buffettology series.
Born in Omaha, Nebraska in 1924, Charlie Munger studied mathematics at the University of Michigan, trained as a meteorologist at Cal Tech Pasadena while in the Army, and graduated magna cum laude from Harvard Law School without ever earning an undergraduate degree. Munger was one of Americaâs most successful investors, the Vice Chairman of Berkshire Hathaway, and Warren Buffettâs business partner for almost forty years. Buffett says âBerkshire has been built to Charlieâs blueprint. My role has been that of general contractor.â Munger was an intelligent, opinionated businessman whose ideas can teach professional and amateur investors how to be successful in finance and life.
Like The Tao of Warren Buffett and The Tao of Te Ching, The Tao of Charlie Munger is a compendium of pithy quotes including, âKnowing what you donât know is more useful than being brilliantâ and âIn my whole life, I have known no wise people who didnât read all the timeânone, zero.â This collection, culled from interviews, speeches, and questions and answers at the Berkshire Hathaway and Wesco annual meetings, offers insights into Mungerâs amazing financial success and life philosophies. Described by Business Insider as âsharp in his wit and investing wisdom,â Charlie Mungerâs investment tips, business philosophy, and rules for living are as unique, intelligent, and successful as he was.