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Stripe Press

Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger

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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.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. Read more

Publisher ‏ : ‎ Stripe Press


Publication date ‏ : ‎ December 5, 2023


Language ‏ : ‎ English


Print length ‏ : ‎ 384 pages


ISBN-10 ‏ : ‎ 1953953239


ISBN-13 ‏ : ‎ 30


Item Weight ‏ : ‎ 1.95 pounds


Dimensions ‏ : ‎ 6.25 x 1.25 x 9.25 inches


Best Sellers Rank: #7,440 in Books (See Top 100 in Books) #6 in Biographies of Business & Industrial Professionals #12 in Wealth Management (Books) #37 in Investing (Books)


#6 in Biographies of Business & Industrial Professionals:


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Top Amazon Reviews

    • Not an easy read, but definitely worth it!
The book gives you access to the wisdom of a very successful man, Charlie Munger. He attempts to bridge academic education with practical knowledge in this thought-provoking read. I am not the same person that I was, prior to reading it. Definitely worth it!
Reviewed in the United States on February 15, 2025 by Victor
    • Brilliant book that I will read again
Timeless advice from a highly intelligent man. Outspoken out of the box thinker.
Reviewed in the United States on February 7, 2025 by PrairieVillageSteve
    • A little redundant, but worth reading
Although there are worthwhile take aways from this book, I feel that each talk is a somewhat redundant attack on academia written out in often rambling fashion. I haven’t decided yet if it’s a difficult read or just uninteresting. I’d hate to be critical of someone I admire as much as I do Charlie Munger, but I’m not sure turning these specific speeches was the best showcase of his wisdoms. Still, 4 stars because there are some meaningful take aways for people that are interested in teaching themselves about the world. ... show more
Reviewed in the United States on March 8, 2025 by David T.
    • An Interesting Story, With Lots Of Wisdom Included
Exposure to the casual wit and extensive wisdom of Charlie Munger primed me to grab the book and try to absorb a bit more. The wit doesn't translate as well to paper as a long life's worth of wisdom does. The book is structured with an opening section that shares a lot of the life background that prepared Charlie Munger for his future. Starting in post-depression Nebraska working in the Buffet store, then on to law school and much more, the story builds through the early association with Warren Buffet, and the broad learning paths through independent learning and a voracious appetite for knowledge. That appetite for knowledge is an enduring theme throughout the book and his life. Hw worked hard to impart that same love of broad learning and wisdom to family, friends, business associates and students along the way. The lessons and the delivery are both top tier. The rest of the book is a series of descriptions of lectures Charlie gave later in life primarily at various learning institutions. Primarily law and business schools it seems, but a couple others thrown in too. The common theme is to always be open to learnings from outside your focus discipline, and integrate all those outside learnings to build a broad base to continuously build on. I'm 20+ years Charlie's junior, and can see where the guidance he shares would have made my early career a bit smoother. That said, I think it would be great for people to read and learn from Charlie starting early, then re-read at life intervals that allow one's own life experiences and situations to benefit from regular course-corrections based on the ideas shared in the book. I know too many youngsters who have attention focus based on continuous screen movement and action; few may initially appreciate the pleasure of reading a good book like this. But a read in mid-teens, and again as major decision points arise, would help most people tremendously. Some of us have had the great fortune to have mentors along the way. Even if you already have that, adding another lesson or twelve from Charlie can only benefit. Yes, I highly recommend this book. It should almost be essential reading from those stepping up to and stepping through their lives and careers. It's that good. ... show more
Reviewed in the United States on May 27, 2024 by Bob in Central Oregon
    • Great
This is the first book that I felt worth writing a review for. Beyond its amazing content, the cover design, quality, and overall layout are absolutely STUNNING.
Reviewed in the United States on February 24, 2025 by A.G
    • Charlie’s dead but his words live on forever
I have been meaning to buy this bad boy for years. Then Charlie died. I knew I needed to read and treasure. Like Warren, some many wise words. Run, don’t walk, to add this to your library of books that actually have value in your life. The secrets to eternal happiness are in this book.
Reviewed in the United States on February 16, 2025 by Amazon Customer
    • Reason, balance, and humor
Much gratitude for Charlie’s insights from Demosthenes to working at the Buffet grocery store to “FIASCO: Blood in the Water” to Judith Rich Harris to Richard Thaler to multidisciplinary skills to “invert, always invert” to being a successful autodidact. A truly inimitable man whose life was lived with reason and a great sense of fairness (and humor). This book has profoundly influenced my life and henceforth, I will strive to also live with honor and great fortitude. ... show more
Reviewed in the United States on February 19, 2025 by wyldthyme
    • Classic but not concise
I am a fan of Charlie Munger, both according to his wisdom in how to live a life and philosophy of investment. But this book is kind of failing short of expectation. Just as a previous comment said, chapter 11 is good enough for learning the essence of the book. Unnecessary repetition does occur when the source is from speeches or conferences, but as a book it could have been edited in a better way ... show more
Reviewed in the United States on March 7, 2025 by lazygaga

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