Poor Charlie's Almanack

By Charlie Munger

Categories: Business & Money

Charlie Munger spent decades as vice chairman of Berkshire Hathaway, alongside Warren Buffett. This collection of his speeches and talks, compiled by his friend Peter D. Kaufman and first published in 2005, shows how he thought. Its big idea is a "latticework" of mental models drawn from psychology, physics, biology, math, and economics. It also includes "The Psychology of Human Misjudgment," Munger's checklist of 25 common ways our minds lead us astray.

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