Poor Charlie’s Almanack (Primary source)
In the tradition of Benjamin Franklin’s own almanack, Poor Charlie’s Almanack stands as a remarkable distillation of one man’s lifelong pursuit of what he termed elementary worldly wisdom. Compiled with evident devotion by Peter Kaufman and first published in 2005, this volume represents the most comprehensive gathering of Charles Munger’s speeches, insights, and philosophical observations spanning two decades of public discourse.
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“If anything, I now believe even more strongly that reliability is essential for progress in life and while quantum mechanics is unlearnable for a vast majority, reliability can be learned to great advantage by almost anyone.”
— Charlie Munger Primary source“In my whole life, I have known no wise people (over a broad subject matter) who didn’t read all the time—none, zero. You’d be amazed how much Warren reads—and at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.”
— Charlie Munger Primary source“Invert, always invert”
— Charlie Munger Primary source“I think a life properly lived is just learn, learn, learn all the time.”
— Charlie Munger Primary sourceMore quotes by Charlie Munger →
“Life is a journey, not a destination.”
— Ralph Waldo Emerson Disputed“Life is not always a matter of holding good cards, but sometimes, playing a poor hand well.”
— Jack London Disputed“Being ignorant is not so much a shame, as being unwilling to learn.”
— Benjamin Franklin Primary source“If you would be loved, love and be lovable.”
— Benjamin Franklin Primary sourceLife Poker Mistakes Probability Change