中文全新增订本 · 中信出版社
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Poor Charlie’s Almanack
Good judgment starts with noticing how we go wrong.
A collection of Munger’s talks on learning, judgment, character and psychological biases. Read it for ways to examine a problem from more than one angle.
Buy the bookWhy Buffett recommends it
2023 shareholder letter · published in 2024 ↗Charlie’s wisdom will improve your life as it has mine.
He wanted readers to benefit from wisdom that had helped him.
Buffett grounded the recommendation in his own experience. At the start of the same report, he described how Munger reshaped his business thinking and repeatedly helped him correct old habits. The endorsement comes from years of working together.
OUR READING
Why is it worth reading?
The book offers a route into an important influence on Buffett: how Munger learned, judged and corrected mistakes. The talks are Munger’s; Buffett’s endorsement tells us that their wisdom also mattered in his own life.
Who this book is for
Adults who enjoy rereading, taking notes and examining how they make decisions.
A way into the book
Start with the discussion of human misjudgment and compare it with a recent decision of your own.
Poor Charlie’s Almanack
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