“It’s been my experience in life, if you just keep thinking and reading, you don’t have to work.”
The Tao of Charlie Munger by David Clark is a collection of quotes from Berkshire Hathway’s Vice Chairman on Life, Business and the Pursuit of Wealth. Born in Omaha, Nebraska in 1924 Charlie Munger studied mathematics at the University of Michigan, trained as a meteorologist at Cal Tech Pasadena while in the Army, and graduated magna cum laude from Harvard Law School without ever earning an undergraduate degree. Today, Munger is one of America’s most successful investors and Warren Buffett’s business partner for almost forty years. Buffett says “Berkshire has been built to Charlie’s blueprint. My role has been that of general contractor.” Munger is an intelligent, opinionated business man whose ideas can teach professional and amateur investors how to be successful in finance and life.
This book is a gateway to Munger’s mind. David Clark has done a good job in collecting them precisely with his additional comments, discussing with his readers the aspects of Munger’s wisdom. He has done justice to the book by entitling it correctly.
My favorite part of the book is when David paraphrases Charlie Munger’s concept Dawn of Wisdom which states that, ‘One has to acknowledge what he does not know and should be willing to put himself into a position to learn more’.
I think this book is a collectible for every person who is oriented to grow their wealth by either being a tech enthusiast or entrepreneur and or wish to continue with a business oriented mind. Life, Business and Pursuit of Wealth co-relates at some point, may that point has come for you, if yes, then you should read Charlie Munger’s wisdom from this book.
3 out of 5
Note: I received this book as an ARC copy from NetGalley but that doesn’t mean my review is breaking all the rules.
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