One of too few books about charlie munger; gives insights about his mostly unknown charitable side and his younger years. a book you can learn a lot from. well written...
A book about an exceptional human being who strives for humilty, honesty and self-improvement. Janet Lowe describes a man who is consistently striving to improve his mind and personality. Charlie Munger is that rare person who is dedicated to leaving this world a better place than it would have been if he never existed. Mr. Munger is one of the true great Americans that became great through integrity and honesty. The values he lives by and teaches are values that guided the lives of Benjamin Franklin and Abraham Lincoln.
At 96 years old, Charlie has a world-view and perspective that is unrivalled in our rush and crush of the moment. Charlie likes to look at problems in reverse and there are few better models of reverse than the 96-year-old, witty, intelligent, vice Chairman of Berkshire to work back from.
If 96 and still firing on all cylinders is the goal, this is the roadmap inverted of how Charlie got to where he is today.
Probably the most enduring lesson and example that Charlie offers is to always be learning. His family called him a "book with legs" because, despite being blind in one eye and having to use coke-bottle glasses to read through his cataracts in the remaining eye, Charlie was indefatigable in the pursuit of knowledge. He prefers to spend most of his time with the "imminent dead" as he finds their wisdom more enduring that the less proven pop-chart pundits.
If you are going to read only one book about Charlie Munger, Janet Lowe has written the definitive book here: read this book then get to work, in reverse. You will be the better for it.
Damn Right! Is the story of Charles Munger and the Munger family, Charles Munger is the decades long partner of Warren Buffett. He is a business man, lawyer, real estate developer, and some will say a philosopher.
It is not a story of get rich fast, or a story of a young guy with a brilliant idea that changed the world in 5 years or less. It is a different kind of a story, a story of hard work, a story of tragedies and triumphs, a story of building your life dreams one day at a time, a story of a man with gumption.
Some criticize the book of not detailing the investment philosophy of Charles Munger, some say it has too many details or too few of them. I think it is not an investment book per se, but it is a mind set book. I find it to be a fascinating story of a man with values that we all know, determination that we aspire to have, and yes some luck that we wish for.
I once spoke with two business owners, they both had the same type of business, they both had partners, both were determined and hard working and they both struggled, one of them became a very successful multi branch business while the other bankrupt.
Why? I think that by reading the book you might find the answer, and if not you might get inspired.
When the situation is tough and one craves to raise the white flag, there will be the ones who will give up and ones that will keep on pushing. Charles Munger story is of a person that kept on going for decades and achieved the success he deserved.
Damn Right by Janet Lowe is an enlightening read that delves deep into the life and philosophy of one of the most successful businessmen in recent times, Charlie Munger. Lowe has done a brilliant job of chronicling Munger's life, education and career. She provides readers with an intimate look at one of the individual’s behind Berkshire Hathaway's success.
The biography goes wanders through Munger’s early struggles to his rise to become a successful businessman. The book covers aspects of Munger's life in detail from his unique educational background to investing insight and contrarian viewpoints. Lowe masterfully weaves together anecdotes, interviews, and Munger's own words to create a compelling narrative that informs and entertains readers.
One of the book's standout features is the way it captures Munger's unique and insightful perspective on investing, business, and life in general. His wisdom and wit shine through on every page, providing readers with valuable lessons on Munger’s mental models, how he learns, and succeeds. He comes across as a sort of modern day Benjamin Franklin in this biography.
Overall, Damn Right is an excellent read for anyone interested in finance, investing, business and biographies. It is a fascinating portrait of a remarkable individual, a testament to the power of hard work, perseverance, and lifelong learning.
This is not an investment book, but a book focused on way of life and thinking - shared through Munger's life. The last chapter (Practical thought about practical thought) is a masterpiece.
Great read . I learned a lot about both Munger and Buffets mental processes since beginning their investment journeys. If you want to read about how Berkshire Hathaway came to be, this is a great place to start.
This book needed a better editor. It reads like a series of articles from the business section interspersed by ill-fitting, irrelevant domestic scenes in an attempt to justify it being a bound volume. It seems perpetually removed from its subject, not satisfying the personal-portrait desires by biography buffs, while also spending too much time on meaningless financial trivia, disappointing interested investors looking for deeper insight into one of the most successful investing world views in history.