—Charlie Munger
Warren Buffett at his desk
Warren Buffett on his business partner and friend
“From 1733 to 1758, Ben Franklin dispensed useful and timeless advice through Poor Richard’s Almanack. Among the virtues extolled were thrift, duty, hard work, and simplicity.
Subsequently, two centuries went by during which Ben’s thoughts on these subjects were regarded as the last word.
Then Charlie Munger stepped forth.”
Proceed
Proceed
Proceed
“Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group… then to hell with them.”
“To the man with a hammer, every problem looks like a nail.”
“If you go through life making friends with the eminent dead who had the right ideas, I think it will work better for you in life and work better in education.”
“Many hard problems are best solved when they are addressed backward. Invert, always invert.”
“You’ve got to have models in your head. And you’ve got to array your experience—both vicarious and direct—on this latticework of models.”
“Spend each day trying to be a little wiser than you were when you woke up.”
“Without numerical fluency, in the part of life most of us inhabit, you are like a one-legged man in an ass-kicking contest.”
“Good literature makes the reader reach a little for understanding. If you’ve reached for it, the idea’s pounded in better.”
“Never, ever, think about something else when you should be thinking about the power of incentives.”

Edited by
Peter Kaufman

Published
in collaboration
with Stripe Press

Poor Charlie’sAlmanack
The Wit
& Wisdom
ofCharles T. Munger

Online
and  In Print
December 2023

Charlie???

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BOOK DETAILS
Book details

POOR CHARLIE’S ALMANACK is a compilation of 11 talks by the legendary vice chairman of Berkshire Hathaway, Charlie Munger. In it, he draws on his encyclopedic knowledge of business, finance, history, philosophy, physics, and ethics to introduce the mental models that underpin his rigorous approach to life, learning, and decision-making—all delivered with his trademark irreverence and rhetorical flair. This year, Stripe Press is publishing an abridged print and digital edition of Poor Charlie’s Almanack to share the wit and wisdom of Charlie Munger with current and future generations of thinkers, investors, and entrepreneurs.This year, Stripe Press is publishing an abridged print and digital edition of Poor Charlie’s Almanack—a compilation of 11 talks by legendary Berkshire Hathaway vice chairman Charlie Munger—to share his wit and wisdom with current and future generations of thinkers, investors, and entrepreneurs.

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Published
in collaboration
with Stripe Press

Online
and  In Print
December 2023