Some call him Warren Buffett’s alter ego. Some know him as Buffett’s quirky business partner.
But whatever you may call him, Charlie Munger is ‘the’ original thinker and the silent man behind the success of Buffett’s investment company Berkshire Hathaway.
Ask people about Berkshire Hathaway, and most will tell you that it’s Warren Buffett’s company, which is true as far as it goes.
But those in the know recognize that Berkshire’s success is actually the product of a tag-team effort by Buffett and Munger.
Munger’s book, Poor Charlie’s Almanack, is one of my most prized possessions.
It collects his speeches and musings, including his intriguing thoughts on the several tendencies that lead us humans to make really bad decisions.
Here is a document that contains Munger’s ideas on the art of stock picking.
I’ve read and re-read this document several times over in the past, and each time I’ve stumbled upon a brilliant idea that changed the way I looked at investing.
Click here to read Munger’s art of stock picking.
I’m sure you’ll find this as invaluable as I have over these years.