Poor Charlie's Almanack

Poor Charlie's Almanack

by Charles T. Munger
Publisher: Stripe Press Year: 2005 Pages: 512 ISBN: 1953953247 ●●●●●

Why It Matters

Munger's mental models are the closest thing to a cheat code for thinking clearly. Inversion, second-order effects, circle of competence -- these frameworks apply to strategy, brands, and life decisions equally. Published by Stripe Press, which tells you something about who values this kind of thinking.

Quick Take

Mental models that actually work. The kind of book that makes you smarter every time you open it. A desert island pick.

Mike's Take (Audio)
Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day — if you live long enough — like most people, you will get out of life what you deserve.

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