Charlie Munger probably read enough on human psychology to become a professor himself.
His legendary talk at Harvard showcased this.
Robert Cialdini’s “Influence” was one of the books he learned from.
Charlie Munger said that reading was the main reason for his success in life.
As a generalist, he reads about all kinds of topics.
I’m sure a List of Charlie Munger’s Book Recommendations is among the top 1% of lists you can get.
So here it is👇🏼
Charlie Munger probably read enough on human psychology to become a professor himself.
His legendary talk at Harvard showcased this.
Robert Cialdini’s “Influence” was one of the books he learned from.
The Outsiders is about extraordinary CEOs who outperformed their peers by being radically different.
It’s an industry classic and recommended by Munger and many greats of the industry.
Viktor Frankl was an Austrian psychologist and Auschwitz (concentration camp) survivor.
Man’s Search for Meaning is Frankl’s autobiography and deals with his theory of “Logotherapy.”
A theory about finding meaning and purpose.
Benjamin Franklin was an inventor, scientist, writer and political philosopher.
Oh, he’s also kind of known for being one of the United States' founding fathers.
Franklin is one of the eminent dead teachers of Charlie Munger.
The Selfish Gene is on the must-read lists of many great thinkers.
In short, it deals with the role of genes in evolution.
It argues that genes drive evolution, not individual organisms or species.
This book deals with the question of why some countries became rich while others stayed poor.
A complex question, but Landes studied over half a century of economic history to answer it.
Andrew Carnegie is one of the richest people in history.
He built the notorious Carnegie Steel Company and made it one of the biggest companies of all time.
He also was a philanthropist who gave away almost 90% of his net worth.
More from Daniel
Rakesh Jhunjhunwala is one of the most successful investors of all time.
He turned ~$100 into $5.8 billion and never managed outside money.
That's a 67% CAGR over 37 years
He never wrote a book, memos, or investing letters.
However, there are some interviews and transcripts👇
Here's a compiled PDF:
https://t.co/ypNv9QeUx9
If you have additional material, please let me know, and I'll update the PDF.
Follow the Substack for free to get all the Resources I read to learn more about investing.
He turned ~$100 into $5.8 billion and never managed outside money.
That's a 67% CAGR over 37 years
He never wrote a book, memos, or investing letters.
However, there are some interviews and transcripts👇
Here's a compiled PDF:
https://t.co/ypNv9QeUx9
If you have additional material, please let me know, and I'll update the PDF.
Follow the Substack for free to get all the Resources I read to learn more about investing.
More from Learning
Lifelong learning is a competitive advantage.
But contrary to what you’ve been told, lifelong learners are built, not born.
THREAD: 20 lifelong learning habits you can start developing today.
Stimulate Dynamically
The mind is a muscle - it needs to be stimulated dynamically to continue to grow.
Don’t rely on one “exercise” - develop a menu of options.
Write, read, listen, watch. Solve puzzles, play games. Enjoy it!
Stimulate dynamically, learn dynamically.
Build Learning Circles
The most powerful learning is communal, not individual.
Build learning circles with other intellectually curious minds.
Engage regularly with no set intention or goal.
Community is everything. Embrace it.
Keep Asking Why
“Why?” is the most useful tool in our learning toolkit.
But somewhere along the line, we are told to stop asking why and just accept “facts” as we are told them.
Reject the norm.
If you want to understand the world, take a cue from our kids - keep asking why!
Adopt a Process Orientation
Prioritize process.
Learn for the sake of learning, not always for a specific goal.
When you prioritize process, you become flexible in where you are headed.
Life is a winding, confusing journey - forward progress is all that matters.
But contrary to what you’ve been told, lifelong learners are built, not born.
THREAD: 20 lifelong learning habits you can start developing today.
Stimulate Dynamically
The mind is a muscle - it needs to be stimulated dynamically to continue to grow.
Don’t rely on one “exercise” - develop a menu of options.
Write, read, listen, watch. Solve puzzles, play games. Enjoy it!
Stimulate dynamically, learn dynamically.
Build Learning Circles
The most powerful learning is communal, not individual.
Build learning circles with other intellectually curious minds.
Engage regularly with no set intention or goal.
Community is everything. Embrace it.
Keep Asking Why
“Why?” is the most useful tool in our learning toolkit.
But somewhere along the line, we are told to stop asking why and just accept “facts” as we are told them.
Reject the norm.
If you want to understand the world, take a cue from our kids - keep asking why!
First principles thinking is a powerful mental model for driving non-linear outcomes. It also requires a willingness to ask difficult, uncomfortable questions.
— Sahil Bloom (@SahilBloom) March 14, 2021
Here are a few to help you get started: pic.twitter.com/KyuAr7IUf7
Adopt a Process Orientation
Prioritize process.
Learn for the sake of learning, not always for a specific goal.
When you prioritize process, you become flexible in where you are headed.
Life is a winding, confusing journey - forward progress is all that matters.
