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Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger by Janet Lowe
milandeep's review
4.0
Charlie Munger, vice-president of Berkshire Hathaway is quite well known for this 'Mungerisms' or words of wisdom. This book by Janet Lowe shows the ascent of Munger, the businessman from his humble days as a lawyer to a world known billionaire investor. He likes to be in the background and let Warren Buffet do most of the talking. Munger and Buffet completely complement each other. They almost look like siblings. They have the same values and a conservative investing style.
This book will not tell you how to pick stocks like Charlie Munger but how to live an exemplary life. If you are willing to read the tit-bits about Munger family, this book has a lot to teach. Apart from law and investing, he is very knowledgeable about science. He is greatly influenced by Benjamin Franklin. Buffet was very fortunate to have a friend and business partner like him to discuss and get new investing ideas. This partnership is a perfect example of 1+1 = 11. Their investing style looks easy to understand, but it is very hard to follow. As Munger says, you have to adapt your strategy to your own nature and your own talents.
This book will not tell you how to pick stocks like Charlie Munger but how to live an exemplary life. If you are willing to read the tit-bits about Munger family, this book has a lot to teach. Apart from law and investing, he is very knowledgeable about science. He is greatly influenced by Benjamin Franklin. Buffet was very fortunate to have a friend and business partner like him to discuss and get new investing ideas. This partnership is a perfect example of 1+1 = 11. Their investing style looks easy to understand, but it is very hard to follow. As Munger says, you have to adapt your strategy to your own nature and your own talents.
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