Guest longinvestor Posted May 19, 2016 Share Posted May 19, 2016 I wonder how rich Munger would have been if he never met Buffett? Still well off, I'm sure but not any where close to where he is now. I wonder how rich would I be if I was the one introduced to Buffet back then and we hit it off? Much richer for sure. LOL Back then, if I was introduced to Buffett and somehow became his partner(how/why in the hell, don't know), investors would certainly not have become as rich as they are now, ha! Link to comment Share on other sites More sharing options...
Crip1 Posted May 19, 2016 Share Posted May 19, 2016 I wonder how rich Munger would have been if he never met Buffett? Still well off, I'm sure but not any where close to where he is now. Your point is valid, kinda, but I think we are all victims/beneficiaries of circumstance to a certain point. How successful would Lennon have been had he not met McCartney and vice-versa. Same for Jagger-Richards, etc. -Crip Link to comment Share on other sites More sharing options...
InspireByReason Posted August 15, 2016 Share Posted August 15, 2016 I'm actually finishing it up right now it's a really good book for general business wisdom and ways of going through life with a candle to guide you when it's dark. I highly recommend it. It was a nice break from all the accounting books ;) Link to comment Share on other sites More sharing options...
John Hjorth Posted January 16, 2020 Share Posted January 16, 2020 I wonder how rich Munger would have been if he never met Buffett? Still well off, I'm sure but not any where close to where he is now. I wonder how rich would I be if I was the one introduced to Buffet back then and we hit it off? Much richer for sure. LOL Back then, if I was introduced to Buffett and somehow became his partner(how/why in the hell, don't know), investors would certainly not have become as rich as they are now, ha! I just received this book today, after ordering it at a Danish book store about a couple of weeks ago. Somehow - right now - I don't feel richer.... - After carefully analyzing the whole situation of why I feel so, I finally found the answer : I got the book in Mandarin Chinese version .... [ : - / ] - Back it goes. Link to comment Share on other sites More sharing options...
kiwing100 Posted December 6, 2023 Share Posted December 6, 2023 Soft copy here https://www.stripe.press/poor-charlies-almanack/book?progress=0.00 Link to comment Share on other sites More sharing options...
kiwing100 Posted December 6, 2023 Share Posted December 6, 2023 Today, we’re releasing a conversation between John Collison and Charlie Munger. We've had this interview with Charlie scheduled to air for a while, coinciding with Stripe Press's launch of the amazing reprint of Poor Charlie's Almanack, which is released today. We were all stunned last week when we heard the news of Charlie's passing, but having consulted with those close to him, everyone agreed that he'd want us to release this interview. I'm thankful to be able to learn from him just one more time in this interview. Please enjoy, and may Charlie Rest in Peace. https://podcasts.google.com/feed/aHR0cHM6Ly9pbnZlc3RsaWtldGhlYmVzdC5saWJzeW4uY29tL3Jzcw/episode/NTNjNjY5ZTQtOTJiYS0xMWVlLTg0NjQtMzNkZTIzOWQxODBk?sa=X&ved=0CAgQuIEEahgKEwjIm8je2_qCAxUAAAAAHQAAAAAQ4gM Link to comment Share on other sites More sharing options...
Charlie Posted December 6, 2023 Share Posted December 6, 2023 kiwing100 Great interview!!! Thank you for sharing!!! Cheers! Link to comment Share on other sites More sharing options...
pricingpower Posted December 6, 2023 Share Posted December 6, 2023 The Rebuttal to the Foreward is very Munger, it's great. Love how Stripe made the free web release of the third edition have an integrated audiobook defaulting to 1.5x speed too. https://www.stripe.press/poor-charlies-almanack/forewords#charles-t-munger Link to comment Share on other sites More sharing options...
KCLarkin Posted December 6, 2023 Share Posted December 6, 2023 Other than the Collison foreward, there is no new content in this edition, correct? "This abridged edition features a new foreword by Stripe cofounder and president John Collison." Link to comment Share on other sites More sharing options...
Xerxes Posted December 6, 2023 Share Posted December 6, 2023 I never read this out of print book. Naturally I was trying to find the print of the new edition on Amazon. There are some “notebook” version. so be careful. Link to comment Share on other sites More sharing options...
Spooky Posted December 11, 2023 Share Posted December 11, 2023 Any new content in this book since the last version? Link to comment Share on other sites More sharing options...
gfp Posted December 11, 2023 Share Posted December 11, 2023 7 minutes ago, Spooky said: Any new content in this book since the last version? I think just the foreword by Collison, but the entire book is available for free and even has a clever "Berkshire Mode" that looks like their W.E.B. site. https://www.stripe.press/poor-charlies-almanack/cover Link to comment Share on other sites More sharing options...
Gamecock-YT Posted December 11, 2023 Share Posted December 11, 2023 Wonder what the price of the autographed first edition has appreciated in price the past month? Link to comment Share on other sites More sharing options...
John Hjorth Posted December 12, 2023 Share Posted December 12, 2023 (edited) I preordered this book back on August 17th 2023, I've never owned any of the past editions, nor read any of them. Got it delivered about a week ago from today. I put it in my bag for reading purposes in waiting positions and while under public transportation. This part on p. 37 in the printed book really hit me like a cub over my head while reading in it today. It's in the last part of Chapter 1 in Berkshire version, ref. @gfp above. So the below is from the last part of Chapter 1, and to me - in a away - this concept of "making friends with the eminent dead" will likely become the legacy and fate destiny of Mr. Munger himself in relation to a lot of people in the World Wide investment commmunity. "Charlie’s affinity for Benjamin Franklin’s expansive career in government, business, finance, and industry can be found in his many speeches and whenever he holds an audience, large or small. At the 75th anniversary of See’s Candies, Charlie said: “I am a biography nut myself. And I think when you’re trying to teach the great concepts that work, it helps to tie them into the lives and personalities of the people who developed them. I think you learn economics better if you make Adam Smith your friend. That sounds funny, making friends among the “eminent dead,” but 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. It’s way better than just giving the basic concepts. ” Edited December 12, 2023 by John Hjorth Link to comment Share on other sites More sharing options...
schin Posted December 13, 2023 Share Posted December 13, 2023 7 hours ago, John Hjorth said: That sounds funny, making friends among the “eminent dead,” but 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. It’s way better than just giving the basic concepts. ” I think "who had the right ideas" is the key phrase here. There will be cases where you want to learn what not to do... from Hilter, Mussolini, Mao, etc...but, figuring out the right ideas in the sea of noise is the hard part. Link to comment Share on other sites More sharing options...
John Hjorth Posted December 13, 2023 Share Posted December 13, 2023 (edited) 5 hours ago, schin said: I think "who had the right ideas" is the key phrase here. There will be cases where you want to learn what not to do... from Hilter, Mussolini, Mao, etc...but, figuring out the right ideas in the sea of noise is the hard part. Yes, @schin, While that appears in a way almost a tautology to me, it's right, where first part is the thought process about the question "Worthy to keep and preserve [,based on moral grounds and / or whatever], or not?", like in a sorting process. [ditch, dump, drop or leave vs keep and preserve]. Edited December 13, 2023 by John Hjorth Link to comment Share on other sites More sharing options...
Suri22 Posted December 19, 2023 Share Posted December 19, 2023 this is one book that has timeless wisdom about psychology of investing Link to comment Share on other sites More sharing options...
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