KINGFISHER INVESTMENT RESEARCH


KINGFISHER INVESTMENT RESEARCH



Tuesday, April 19, 2016

The Wit and Wisdom of Charles T. Munger



 Poor Charlie's Almanack

 

Poor Charlie's Almanack

The Wit and Wisdom of Charles T. Munger

Expanded Third Edition
Forward by Warren E. Buffett
Edited by Peter D. Kaufman


From 1733 to 1758, Ben Franklin dispensed useful and timeless advice through Poor Richard's Almanack. Among the virtues extolled were thrift, duty, hard work, and simplicity. Subsequently, two centuries went by during which Ben's thoughts on these subjects were regarded as the last word. Then Charlie Munger stepped forth.

– Warren Buffett
From the Foreword to Poor Charlie's Almanack
For the first time ever, the wit and wisdom of Charlie Munger is available in a single volume: all his talks, lectures and public commentary. And, it has been written and compiled with both Charlie Munger and Warren Buffett's encouragement and cooperation. So pull up your favorite reading chair and enjoy the unique humor, wit and insight that Charlie Munger brings to the world of business, investing and life itself.

Charles Helman Lea once said, "It will generally be admitted that the true test of all books is the influence they have upon the lives and conduct of their readers." We hope this book passes that test, exerting a lasting influence on you.

Net proceeds from sales of Poor Charlie's Almanack go to benefit The Munger Research Center of the Huntington Library in San Marino, California.
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Important Notice

Warren Buffett, in his February 2010 Annual Report letter to Berkshire shareholders, again expressed his support for Poor Charlie's Almanack.

Link:
 http://www.berkshirehathaway.com/2009ar/2009ar.pdf

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In addition, at the May 2007 Annual Meeting in Omaha, they introduced Seeking Wisdom: From Darwin to Munger by Peter Bevelin.



 Seeking Wisdom

Seeking Wisdom

From Darwin to Munger

Third Edition
By Peter Bevelin

Peter Bevelin begins his fascinating book with Confucius' great wisdom: "A man who has committed a mistake and doesn't correct it, is committing another mistake." Seeking Wisdom is the result of Bevelin's learning about attaining wisdom. His quest for wisdom originated partly from making mistakes himself and observing those of others but also from the philosophy of super-investor and Berkshire Hathaway Vice Chairman Charles Munger. A man whose simplicity and clarity of thought was unequal to anything Bevelin had seen.

In addition to naturalist Charles Darwin and Munger, Bevelin cites an encyclopedic range of thinkers: from first-century BCE Roman poet Publius Terentius to Mark Twain—from Albert Einstein to Richard Feynman—from 16th Century French essayist Michel de Montaigne to Berkshire Hathaway Chairman Warren Buffett. In the book, he describes ideas and research findings from many different fields.

This book is for those who love the constant search for knowledge. It is in the spirit of Charles Munger, who says, "All I want to know is where I'm going to die so I'll never go there." There are roads that lead to unhappiness. An understanding of how and why we can "die" should help us avoid them. We can't eliminate mistakes, but we can prevent those that can really hurt us.

Using exemplars of clear thinking and attained wisdom, Bevelin focuses on how our thoughts are influenced, why we make misjudgments and tools to improve our thinking. Bevelin tackles such eternal questions as: Why do we behave like we do? What do we want out of life? What interferes with our goals?
Read and study this wonderful multidisciplinary exploration of wisdom. It may change the way you think and act in business and in life.
Net proceeds from sales of Seeking Wisdom go to benefit The Munger Research Center of the Huntington Library in San Marino, California.







Of course, we are still shipping copies of the revised and expanded Second Edition of Poor Charlie's Almanack


Link: http://poorcharliesalmanack.com/pca.php



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