Thursday, March 6, 2008

Introducing Charlie Munger

I'll be flying out next week to hear Charlie Munger speak, and will be certain to post the notes as soon as I get back. For those who don't know, he is Buffett's business partner, and a success and mental giant in his own right. His speeches and books have been instrumental in my intellectual development as an investor and as a person.

Here are some great resources to further explore:

Essays

"The Art of Stock Picking"

"Academic Economics: Strengths and Faults After Considering Interdisciplinary Needs"

Books



"Poor Charlie's Alamanack" - This book is one of my top 5 favorite investing books, although it covers a much wider range of topics. Covers many episodes and quotes from Munger's life as well as 10 of his speeches.



"Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger " - This is the biography of Charlie Munger. It gives more insight into his personal life and experiences with law, and real estate development before transitioning to investing.

"We get these questions a lot from the enterprising young. It's a very intelligent question: You look at some old guy who's rich and you ask, 'How can I become like you, except faster?'
Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Step by step you get ahead, but not necessarily in fast spurts. But you build discipline by preparing for fast spurts... Slug it out one inch at a time, day by day, at the end of the day -- if you live long enough -- most people get what they deserve."
-- Charlie Munger

2 comments:

Inquisitor said...

Looking forward to it... hopefully it's as good as your Buffet transcript was!

jackie musubika said...

Hey, am waiting for the munger notes....can't wait!!!