Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger
Poor Charlie’s Almanack is a collection of advice from Charlie Munger, Vice President of Berkshire Hathaway, which received the “must-read” advice from Mr. Buffett in his 2004 shareholder letter.
“Scholars have long argued with each other over whether or not Charlie is the reincarnation of Ben Franklin,” Buffett wrote. “This book will answer that question.”
This book includes a biography of Mr. Munger, as well as summaries of his investment philosophies and speeches by Mr. Munger at Berkshire Hathaway meetings and elsewhere.
There was a talk called “Psychology of Human Misjudgment”, in which Mr. Munger wrote about the cognitive traps that caused investors to stumble.