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Poor Charlie's Almanack is a collection of speeches and talks by Charlie Munger, compiled by Peter D. Kaufman. First published in 2005 (ISBN 1-57864-303-1), it was released in an expanded edition (ISBN 1-578-64501-8) three years later. It was republished in 2023 by Stripe Press, shortly before Munger's death.
In multiple speeches, and in the 2005 book Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, "worldly wisdom" consists of a set of mental models framed as a latticework to help solve critical business problems. [6] Munger (far right) and Warren Buffett (second from the left) in March 1998.
Charlie Munger, Warren Buffett’s close friend and the longtime vice chairman of Berkshire Hathaway (BRK-A, BRK-B), died on Nov. 28 — six days before the new fifth edition of "Poor Charlie’s ...
- Poor Charlie’s Almanack. On old age: “The best armor of old age is a well spent life preceding it.” – Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice ...
As described by Michael Broggie in the 2005 book “Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger,” Munger’s family fared comparatively well during the Great Depression.
Charlie Munger, the vice-chairman of Berkshire Hathaway and Buffett's business partner, was CEO and chairman of Wesco from 1984 to 2011. Munger, formerly a practicing attorney , is known for his straight-shooting style and his conduct at the now discontinued Wesco shareholder meetings in Pasadena, where he used to interact with the outside ...
— Poor Charlie's Almanack “Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things.” — Poor Charlie's Almanack
Li was inspired to get into investment after hearing Warren Buffett, a Columbia alumnus, give a lecture at Columbia in 1993.As detailed in the Foreword to the Chinese Edition of Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Li Lu found Buffett's lecture on the principles of investing in the stock market "concise, logical and convincing."