From the legendary vice-chairman of Berkshire Hathaway, lessons in investment strategy, philanthropy, and living a rational and ethical life."A timeless classic that will change how you approach life. There is a billion-dollar education inside this book."-Shane Parrish, founder of Syrus Partners and Farnam Street"Spend each day trying to be a little wiser than you were when you woke up," Charles T. Munger advises in Poor Charlie's Almanack. Originally published in 2005, this compendium of eleven talks delivered by the legendary Berkshire Hathaway vice-chairman between 1986 and 2007 has become a touchstone for a generation of investors and entrepreneurs seeking to absorb the enduring wit and wisdom of one of the great minds of the 20th and 21st centuries. Edited by Peter D. Kaufman, chairman and CEO of Glenair and longtime friend of Charlie Munger-whom he calls "this generation's answer to Benjamin Franklin"-this abridged Stripe Press edition of Poor Charlie's Almanack features a brand-new foreword by Stripe cofounder John Collison. Poor Charlie's Almanack draws on Munger's encyclopedic knowledge of business, finance, history, philosophy, physics, and ethics-and more besides-to introduce the latticework of mental models that underpin his rational and rigorous approach to life, learning, and decision-making. Delivered with Munger's characteristic sharp wit and rhetorical flair, it is an essential volume for any reader seeking to go to bed a little wiser than when they woke up.

Vorwort

• First print run of 25,000

• Confirmed interview with Charlie Munger in The Wall Street Journal on publication
  

• PR outreach by Fortier PR targeting coverage in top-tier media focused on finance, business, and entrepreneurship
  

• Print and digital galley mailing to trade review publications, mainstream media, and influential founders, CEOs, VCs, investors, and executives
  

• Creation of promotional material including book excerpts and teaser videos for distribution in print and online
  

• Promotional website at stripe.press/poor-charlies-almanack
  


• Paid and organic promotion on Stripe Press and Stripe social media and newsletter channels

  Autorentext
  Charles T. Munger (1924–2023) was an investor, businessman, and former real estate attorney. He was the vice-chairman of Berkshire Hathaway, the multinational conglomerate controlled by Warren Buffett. He was chairman of Wesco Financial Corporation from 1984 to 2011. He was also chairman of the Daily Journal Corporation and a director of Costco Wholesale Corporation. Peter D. Kaufman is the chairman and CEO of Glenair, Inc. He is a former director of Wesco Financial Corporation and Daily Journal Corporation. In 2005, he edited and published Poor Charlie’s Almanack, a compilation of talks given by his longtime friend Charlie Munger. He lives in California.Warren E. Buffett is the chairman and CEO of Berkshire Hathaway.
  John Collison is the cofounder and president of Stripe, which builds financial infrastructure for the internet.

  Inhalt
  Foreword by John B. Collison

  
Foreword by Warren E. Buffett


  

Rebuttal by Charles T. Munger


  

Introduction by Peter D. Kaufman


  

Chapter 1 A Portrait of Charles T. Munger


  

Chapter 2 Remembering: The Children on Charlie


  

Chapter 3 The Munger Approach to Life, Learning, and Decision-Making


  

Chapter 4 Eleven Talks
  
Talk One

Harvard School Commencement Speech 
Talk One Revisited 




Talk Two

A Lesson On Elementary, Worldly Wisdom
 

 Talk Two Revisited

Worldly Wisdom, Updated: Q&A with Charlie
 




Talk Three 

A Lesson On Elementary, Worldly Wisdom, Revisited
 

Talk Three Revisited






Talk Four

Practical Thought about Practical Thought? 

Talk Four Revisited






Talk Five

Harvard Law School 50th Reunion Address
 

Talk Five Revisited






Talk Six

Investment Practices of Leading Charitable Foundations
 

Talk Six Revisited






Talk Seven

Philanthropy Roundtable
 

Talk Seven Revisited






Talk Eight

The Great Financial Scandal of 2003
 

Talk Eight Revisited






Talk Nine

Academic Economics
 

Talk Nine Revisited






Talk Ten

USC Gould School of Law Commencement Address
 




Talk Eleven

The Psychology of Human Misjudgment
 

Talk Eleven Revisited





Appendix



Endnotes



Recommended Reading



Acknowledgments



Index