Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway's Vice Chairman on Life, Business, and the Pursuit of Wealth with Comm

WordsofwisdomfromCharlieMunger—WarrenBuffett’slongtimebusinesspartnerandthevisionaryViceChairmanofBerkshireHathaway—collectedandinterpretedwithaneyetowardsinvestingbyBerkshireinsiderDavidClark,coauthorofthebestsellingBuffettologyseries.BorninOmaha,Nebraskain1924CharlieMungerstudiedmathematicsattheUniversityofMichigan,trainedasameteorologistatCalTechPasadenawhileintheArmy,andgraduatedmagnacumlaudefromHarvardLawSchoolwithouteverearninganundergraduatedegree.Today,MungerisoneofAmerica’smostsuccessfulinvestors,theViceChairmanofBerkshireHathaway,andWarrenBuffett’sbusinesspartnerforalmostfortyyears.Buffettsays“BerkshirehasbeenbuilttoCharlie’sblueprint.Myrolehasbeenthatofgeneralcontractor.”Mungerisanintelligent,opinionatedbusinessmanwhoseideascanteachprofessionalandamateurinvestorshowtobesuccessfulinfinanceandlife.LikeTheTaoofWarrenBuffettandTheTaoofTeChing,TheTaoofCharlieMungerisacompendiumofpithyquotesincluding,“Knowingwhatyoudon’tknowismoreusefulthanbeingbrilliant”and“Inmywholelife,Ihaveknownnowisepeoplewhodidn’treadallthetime—none,zero.”Thiscollection,culledfrominterviews,speeches,andquestionsandanswersattheBerkshireHathawayandWescoannualmeetings,offersinsightsintoMunger’samazingfinancialsuccessandlifephilosophies.DescribedbyBusinessInsideras“sharpinhiswitandinvestingwisdom,”CharlieMunger’sinvestmenttips,businessphilosophy,andrulesforlivingareasuniqueashislifestory;intelligentasheclearlyis;andassuccessfulashehasbeen.,