Author
Peter D. Kaufman
Genre
InvestingGeneral Knowledge
Last Read
October 13, 2020
Cover
Stars
★★★★☆
“Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things.” - Charlie Munger
Review
Charlie Munger will always be a personal favourite when it comes to investing wisdom that stands the test of time. This book is a good collection of speeches and talks given by Charlie Munger. Instead of showing highlights from the book (I read this Pre-Kindle), I have instead summarized the key principles below (and I encourage you to read the book as it makes for an entertaining read).
Munger emphasizes his guiding principles of: i) preparation, ii) discipline, iii) patience and iv) decisiveness.
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