by Juvoni Beckford@juvoni
After readingPosted
Reading Poor Charlie's Almanac is like going on an adventure. Everything isn't always neatly organized. He goes on a tangent at times and later refines and re-emphasizes certain points as he revisits talks and other statements. The illustration added a lot of flavor to the book as well as the commentary and descriptions about the numerous historical figures referenced throughout. Poor Charlie's Almanac is part Memoir, Business, Finance, Economics, Psychology and a jungle of connected wisdom. Drafting inspiration from Ben Franklin, Charlie is a champion and great pro-proponent for Multidisciplinary Learning and acquisition of Mental Models to better understand the world.
I was surprised to see how much Charlie spoke about the value of Psychology, but I welcome it all and loved the Twenty-Five Misjudgments of Human Psychology towards the end of the book.
The twelve speeches included in the book were mixed, I would say I enjoyed 5 out of the 12, but I think my opinion on the matter will change over time. This is the kind of book you revisit multiple times over a lifetime.
There is a lot of wisdom in this book, but it isn't as structured and list organized as Seeking Wisdom. I personally liked this Almanac more. Though he doesn't make it easy for you, some parts are simple, yet grand revelations and other parts it feel like you're searching for buried treasure. He wants you to think first. Be the detective of Life. Acquire knowledge far and wide. Always invert and trust in principles. With this I have nothing more to add.
Three reasons to read it
- Learn about the life of Charlie Munger.
- A framework for understanding mental models.
- Learn the mindset of being multi-disciplinary.
Notable quotesCharles T. MungerMore in Quotes
The acquisition of wisdom is a moral duty.
Opportunity doesn’t come often, so seize it when it does. Opportunity meeting the prepared mind—that’s the game.
The best armour of old age is a well spent life perfecting it.
In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time -- none, zero. You'd be amazed at how much Warren reads--and at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out.
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.
Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group…then to hell with them.
Notes for this book are still being transcribed.
