Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger - cover

Poor Charlie’s Almanack

The Wit and Wisdom of Charles T. Munger

By Peter D. Kaufman, Charlie Munger

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The volume, compiled by Peter D. Kaufman with the encouragement and cooperation of Charlie Munger and Warren Buffett, gathers Munger's talks, lectures and public commentary. Munger, long the vice-chairman of Berkshire Hathaway, sets out his multiple mental models approach to decision-making and explains the Lollapalooza Effect, his term for several biases acting together, along with 25 cognitive biases behind poor decisions. Ideas are touched on lightly rather than laid out in order, with pictures beside them to help them stick. The title pays tribute to Benjamin Franklin's Poor Richard's Almanack, and net proceeds support the Huntington Library's Munger Research Center. An expanded edition followed, and Stripe Press later republished it.

Patrick Collison included it on his online bookshelf.

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