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