Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger

Janet Lowe

Physical

In Circulation

Praise for "Damn Right!" From the author of the bestselling "Warren Buffett Speaks...'Charlie Munger, whose reputation is deep and wide, based on an extraordinary record of brilliantly successful business strategies, sees things that others don't. There is a method to his mastery and, through this book, we get a chance to learn about this rare individual' - Michael Eisner, Chairman and CEO, The Walt Disney Company.'Janet Lowe uncovers the iconoclastic genius and subtle charm behind Charlie Munger's curmudgeonly facade in this richly woven portrait of our era's heir to Ben Franklin.

With a biographer's detachment, an historian's thoroughness, and a financial writer's common sense, Lowe produces a riveting account of the family, personal, and business life of the idiosyncratically complex and endlessly fascinating figure' - Lawrence Cunningham, Cardozo Law School, Author of "The Essays of Warren Buffett: Lessons for Corporate America".'For years, Berkshire Hathaway shareholders and investors worldwide (me included) have struggled to learn more about

Warren Buffett's cerebral sidekick. Now we can rest and enjoy reading Janet Lowe's book about this rare intellectual jewel called Charlie Munger' - Robert G Hagstrom, author of "The Warren Buffett Way".'Charlie has lived by the creed that one should live a life that doesn't need explaining. But his life should be explained. In a city where heroism is too often confused with celebrity, Charlie is a true hero and mentor. He lives the life lessons that he has studiously extracted from other true heroes and mentors, from Ben Franklin to Ben Graham.

This book illuminates those life lessons' - Ronald L. Olson, Munger, Tolles & Olson llp. 'Janet Lowe's unprecedented access to Charlie Munger and Warren Buffett has resulted in a first-class book that investors, academics, and CEOs will find entertaining and highly useful' - Timothy P. Vick, Money Manager and Author of "How to Pick Stocks Like Warren Buffett".

What will you learn from this book

  1. Mental Models: Munger's emphasis on developing a broad array of mental models from various disciplines (psychology, economics, mathematics) to make better investment decisions and solve problems.

  2. Circle of Competence: Munger stresses the importance of staying within one's circle of competence, focusing on industries and businesses one truly understands.

  3. Long-Term Investing: Like Buffett, Munger advocates for long-term investing in high-quality businesses with durable competitive advantages rather than frequent trading.

  4. Value Investing Principles: Munger's adherence to value investing principles, seeking undervalued companies with strong fundamentals and growth potential.

  5. Rational Decision-Making: Emphasizes rational decision-making and avoiding emotional biases while evaluating investment opportunities.

  6. Continuous Learning: Munger's commitment to lifelong learning and expanding one's knowledge across various disciplines to gain a competitive edge in investing.

  7. Humility and Intellectual Honesty: The importance of humility in acknowledging mistakes, learning from them, and constantly evolving as an investor.

  8. Focus on Quality: Munger's preference for high-quality companies with strong management teams, enduring brands, and ethical practices.

  9. Contrarian Thinking: Munger's ability to think independently and be a contrarian when necessary, not following the crowd in investment decisions.

  10. Ethical Business Practices: Munger's belief in ethical behavior in business dealings, valuing integrity and fairness in all aspects of investing and business.

Language English
ISBN-10 0471446912
ISBN-13 9780471446910
No of pages 294
Font Size Medium
Book Publisher John Wiley & Sons
Published Date 06 Jun 2003

About Author

Author : Janet Lowe

5 Books

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