The Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice Chairman on Life, Business, and the Pursuit of Wealth With Commentary by David Clark is a true gem of a book; full of easy to consume pithy remarks and observations of life by the visionary Vice Chairman of Berkshire Hathaway.
I listened to the audiobook over several long walks and was delighted to absorb the witty and irreverent lessons of life on many fronts - business, investing, continuous learning and right down to advice on choosing one's spouse. Munger was the long-term investment partner of the famous investor, Warrant Buffet.
I highly recommend this book to anyone who is interested to tap into the insights of a brilliant learner and investor. These insights were culled from interviews, speeches, and questions and answers at the Berkshire Hathaway and Wesco annual meetings.
Clark organised the collection of Munger's 138 quotations into 4 categories:
- Successful investing
- The Essence of the economy, banking and business
- Core business and investing philosophies
- Advice on life, education, and the pursuit of happiness.
Here are a few sample quotes from Munger:
Frugality tip: Singapore residents can access this book (ebook or audiobook) for free from the National Library Board's e-services section of their site.
Book Cover Image Credit: Amazon