alt Hacker NewsNot by Buffett, but you'll love Poor Charlie's Alamanack, by Charlie Munger, his lifelong business partner.
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cromulent • yesterday at 7:53 PM
Buffet said of Munger:
> “In terms of managing money, there wasn’t anybody better in the world to talk to for many, many decades than Charlie.”
Buffet gets all the press, but he acknowledges Munger as a huge part, if you listen.
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KajMagnus • yesterday at 8:57 PM
It's a great book (I think), reading it now. It's the only book this far that I've brought with me to the gym (because I wanted to continue reading it, in between the exercises)
For Buffett I recommend Essays of Warren Buffett. Regarding Munger’s Almanack, I wrote a nice summary just before his death:
”A real estate investment of $24 by the Dutch to buy the island of Manhattan would today be roughly equivalent to $3 trillion. Across 378 years, that’s about a seven percent annual compound rate of return…”
https://www.lostbookofsales.com/notes/poor-charlies-almanack...