Cover of Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger by Charles T. Munger

Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger

Charles T. Munger

Why I recommend it

Munger draws on several fields to think about investing and decisions. It’s a useful reminder to have more than one way of looking at a problem.

What stayed with me

Try asking how something could fail. Then look at the incentives and blind spots that might make that failure harder to see.

Who it’s useful for

Leaders, founders, and readers interested in judgment.

A tension or limitation

The collection repeats itself and reflects Munger’s particular experience. A memorable saying still needs to fit the situation.