Introduction

by Peter D. Kaufman

You are about to embark on an extraordinary journey toward better investing and decision making. You may also arrive at a better understanding of life as well, all thanks to the wit, wisdom, speeches and writings of Charlie Munger—this generation’s answer to Benjamin Franklin.

Charlie’s unique worldview, what he calls his “multidisciplinary” approach, is a self-developed model for clear and simple thinking—yet his concepts and models are anything but simplistic. Notice how well Charlie’s thinking stands the test of time: the earliest talk in this collection is almost twenty years old, yet it is as relevant today as the day he first delivered it. As you will soon discover, Charlie’s observations and conclusions are based on fundamental human nature, basic truths, and core principles from a wide range of disciplines.

next ->