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

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.

Edited by Peter D. Kaufman, chairman and CEO of Glenair and longtime friend of Charlie Munger--whom he calls "this generation's answer to Benjamin Franklin"--this abridged Stripe Press edition of Poor Charlie's Almanack features a brand-new foreword by Stripe cofounder John Collison.


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.

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Published Dec 5, 2023

384 pages

Average rating: 8.5

2 RATINGS

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Community Reviews

CRUDDYC
May 25, 2025
7/10 stars
An essential read, if I must say so myself.
Christen Van Matre
Sep 24, 2024
10/10 stars
Pretty much everyone knows who Warren Buffet is, but his "silent" partner Charlie Munger is a genius in his own right and contributed just as much to the success of Berkshire Hathaway as Buffett did. He didn't just specialize in investing, and actually, the things I recognize Charlie for are his affinity for architecture, and his mental models that can be used to make any decision. One choice can change your life, so making sound decisions is probably the most valuable skill you can have in my opinion. This is one of those books I read multiple times a year, and there is always fresh understanding to be had.

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