Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger

Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger

  • Downloads:8906
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-09-11 09:53:29
  • Update Date:2025-09-06
  • Status:finish
  • Author:Janet Lowe
  • ISBN:0471446912
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

Praise for Damn Right!
From the author of the bestselling WARREN BUFFETT SPEAKS。 。 。
"Charlie Munger, whose reputation is deep and wide, based on an extraordinary record of brilliantly successful business strategies, sees things that others don't。 There is a method to his mastery and, through this book, we get a chance to learn about this rare individual。" -MICHAEL EISNER, Chairman and CEO, The Walt Disney Company
"Janet Lowe uncovers the iconoclastic genius and subtle charm behind Charlie Munger's curmudgeonly facade in this richly woven portrait of our era's heir to Ben Franklin。 With a biographer's detachment, an historian's thoroughness, and a financial writer's common sense, Lowe produces a riveting account of the family, personal, and business life of the idiosyncratically complex and endlessly fascinating figure。" -LAWRENCE CUNNINGHAM, Cardozo Law School, Author of The Essays of Warren Buffett: Lessons for Corporate America
"For years, Berkshire Hathaway shareholders and investors worldwide (me included) have struggled to learn more about Warren Buffett's cerebral sidekick。 Now we can rest and enjoy reading Janet Lowe's book about this rare intellectual jewel called Charlie Munger。" -ROBERT G。 HAGSTROM, Author of The Warren Buffett Way
"Charlie has lived by the creed that one should live a life that doesn't need explaining。 But his life should be explained。 In a city where heroism is too often confused with celebrity, Charlie is a true hero and mentor。 He lives the life lessons that he has studiously extracted from other true heroes and mentors, from Ben Franklin to Ben Graham。 This book illuminates those life lessons。" -RONALD L。 OLSON, Munger, Tolles & Olson llp
"Janet Lowe's unprecedented access to Charlie Munger and Warren Buffett has resulted in a first-class book that investors, academics, and CEOs will find entertaining and highly useful。"-TIMOTHY P。 VICK, Money Manager and Author of How to Pick Stocks Like Warren Buffett

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Reviews

Marius Schober

Charlie Munger is an interesting character - however, I read many biographies and this wasn't a lot of fun to read。 Charlie Munger is an interesting character - however, I read many biographies and this wasn't a lot of fun to read。 。。。more

Caleb Kim

Ch 20 bmark

Martin Chiu

Love the munger。

Harry Harman

The only approved biography of Charlie Munger。

Michael Lee

The content is a little dated seeing as the book is 20 yrs old。 Its everything you ever wanted to know about Charlie Munger though。

Hildey

Munger deserves a great biography but this doesn't make the cut。 However, there are some great stories interspersed。 Munger deserves a great biography but this doesn't make the cut。 However, there are some great stories interspersed。 。。。more

Tharit Tangkijwanichakul

The writing style of this book is different from a typical biography。 It fills with the recounted stories and direct quotations from friends and family of Charlie Munger。 It is not like the library is talking to you (which happens when someone writes about the eminent dead)。 The good thing is the book feels more candid。 But certainly, it will not be able to explicitly go that deep into the personalities and motivations。I don't mean that the book is superficial in any way。 There are certain gems The writing style of this book is different from a typical biography。 It fills with the recounted stories and direct quotations from friends and family of Charlie Munger。 It is not like the library is talking to you (which happens when someone writes about the eminent dead)。 The good thing is the book feels more candid。 But certainly, it will not be able to explicitly go that deep into the personalities and motivations。I don't mean that the book is superficial in any way。 There are certain gems hidden which can be found by careful reading and interpret the sayings。 I really feel like I know him more outside the investment sphere and it makes me admire him even more。 。。。more

Jig

Great content ; sub par writing。

Allie Fowler

Worth reading, with some good nuggets

Samarth Shah

If you want to learn more about Charlie Munger, his Family and some of the business decisions he has made over the years(on a 10000 foot view), you would enjoy this book。 This is not a book about learning about their investing。 I liked learning a lot about the other side of Charlie Munger, how he thinks about life, family and how some of his views changed over the years。 One of my favourite quote。“If, in your thinking, you rely entirely on others, often through purchase of professional advice, w If you want to learn more about Charlie Munger, his Family and some of the business decisions he has made over the years(on a 10000 foot view), you would enjoy this book。 This is not a book about learning about their investing。 I liked learning a lot about the other side of Charlie Munger, how he thinks about life, family and how some of his views changed over the years。 One of my favourite quote。“If, in your thinking, you rely entirely on others, often through purchase of professional advice, whenever outside a small territory of your own, you will suffer much calamity。 “ 。。。more

David

Only if you’re interested in the details of Munger’s life spend time reading this book。 Personally I don’t see the benefit of knowing details of for example somebody’s holiday house。 There is little or nothing to learn if you’re looking for investment wisdom。 The most relevant takeway for me is the (scattered across the 250 pages) description of his character。

Srikanth Reddy

Book gives some insights on Charlie's personal life and working style。 But narrative lacks cohesiveness and doesn't keep the reader interested。 Poor Charlie's Almanac & BKH annual meetings are better sources to understand Charlie Book gives some insights on Charlie's personal life and working style。 But narrative lacks cohesiveness and doesn't keep the reader interested。 Poor Charlie's Almanac & BKH annual meetings are better sources to understand Charlie 。。。more

Abhay Bhagat

Charlie Munger life story and his wisdom。 One of munger's favorite idea from Aristotle " The best way to avoid envy is to deserve the success you get" charlie deserve this。 Charlie Munger life story and his wisdom。 One of munger's favorite idea from Aristotle " The best way to avoid envy is to deserve the success you get" charlie deserve this。 。。。more

Yoon Jae

There are many overlaps with The Snowball but still great if you're a fan of Charlie Munger。 He's truly one of a kind。 There are many overlaps with The Snowball but still great if you're a fan of Charlie Munger。 He's truly one of a kind。 。。。more

Duane

This review has been hidden because it contains spoilers。 To view it, click here。 A hidden gem。 This book opens your eyes and encourages you to think differently about。。。 everything? There's a consortium of books I'll be reading from the recommendations in here。 One key point I took away: learn from studying the dead。 Learn from studying what success looks like and what failure looks like。 Similar to how we look to nature for examples and truths in science, we should look to those around us for truths in success and apply it。 A hidden gem。 This book opens your eyes and encourages you to think differently about。。。 everything? There's a consortium of books I'll be reading from the recommendations in here。 One key point I took away: learn from studying the dead。 Learn from studying what success looks like and what failure looks like。 Similar to how we look to nature for examples and truths in science, we should look to those around us for truths in success and apply it。 。。。more

Nani R

It discussed too much about family life rather professional life。 55:45 ratio I would say。 We want to learn about what did he do to become great。

Ujval Nanavati

Charlie Munger's is a story that needs to be told。 And told well。 Unfortunately this effort is a poor one。 Badly written, needlessly detailed on unimportant aspects, and badly organised。And yet, useful in pockets。 Charlie Munger's is a story that needs to be told。 And told well。 Unfortunately this effort is a poor one。 Badly written, needlessly detailed on unimportant aspects, and badly organised。And yet, useful in pockets。 。。。more

Avinash Rao

Nothing about investing。 Waste of time。

David Skinner

Helpful insights into how Charlie Munger thinks about things, not terribly personal, but generally helpful if you are into business

Todd McQueen

Enjoyable biography of Charlie Munger。 A

Uros Marčič

It's a short biography of Charlie's life。 Everything from his struggles in 20s up to building his wealth with Berkshire and Wesco。 Story with plenty of ups and downs。 You get a rough feeling of what kind of person Charlie is, but it doesn't get much deeper into his personality。 Every book, which give you an insight into Charlie's and Warren's life is well worth the time and money; however, this one is missing a bit of depth to be considered for a great read。 It's a short biography of Charlie's life。 Everything from his struggles in 20s up to building his wealth with Berkshire and Wesco。 Story with plenty of ups and downs。 You get a rough feeling of what kind of person Charlie is, but it doesn't get much deeper into his personality。 Every book, which give you an insight into Charlie's and Warren's life is well worth the time and money; however, this one is missing a bit of depth to be considered for a great read。 。。。more

Dan Apostolico

A book about an exceptional human being who strives for humilty, honesty and self-improvement。 Janet Lowe describes a man who is consistently striving to improve his mind and personality。 Charlie Munger is that rare person who is dedicated to leaving this world a better place than it would have been if he never existed。 Mr。 Munger is one of the true great Americans that became great through integrity and honesty。 The values he lives by and teaches are values that guided the lives of Benjamin Fra A book about an exceptional human being who strives for humilty, honesty and self-improvement。 Janet Lowe describes a man who is consistently striving to improve his mind and personality。 Charlie Munger is that rare person who is dedicated to leaving this world a better place than it would have been if he never existed。 Mr。 Munger is one of the true great Americans that became great through integrity and honesty。 The values he lives by and teaches are values that guided the lives of Benjamin Franklin and Abraham Lincoln。 。。。more

Michael Payne

Invert, always invert。 - Carl Jacobi At 96 years old, Charlie has a world-view and perspective that is unrivalled in our rush and crush of the moment。 Charlie likes to look at problems in reverse and there are few better models of reverse than the 96-year-old, witty, intelligent, vice Chairman of Berkshire to work back from。If 96 and still firing on all cylinders is the goal, this is the roadmap inverted of how Charlie got to where he is today。Probably the most enduring lesson and example that C Invert, always invert。 - Carl Jacobi At 96 years old, Charlie has a world-view and perspective that is unrivalled in our rush and crush of the moment。 Charlie likes to look at problems in reverse and there are few better models of reverse than the 96-year-old, witty, intelligent, vice Chairman of Berkshire to work back from。If 96 and still firing on all cylinders is the goal, this is the roadmap inverted of how Charlie got to where he is today。Probably the most enduring lesson and example that Charlie offers is to always be learning。 His family called him a "book with legs" because, despite being blind in one eye and having to use coke-bottle glasses to read through his cataracts in the remaining eye, Charlie was indefatigable in the pursuit of knowledge。 He prefers to spend most of his time with the "imminent dead" as he finds their wisdom more enduring that the less proven pop-chart pundits。If you are going to read only one book about Charlie Munger, Janet Lowe has written the definitive book here: read this book then get to work, in reverse。 You will be the better for it。 。。。more

Peter S

The biography doesn’t enhance the character that is Charlie Munger (like other biographies may), but it does take the reader through his life thoroughly。 Loved learning about his family, childhood, time as a lawyer, early (pre-Buffett) investing years, and Berkshire years。 The chapters on sees candy, blue chip stamps and Salomon Brothers were particularly interesting。 I must note that Munger is my idol, so perhaps my rating of this book is colored by that fact。 I recommend to anyone interested i The biography doesn’t enhance the character that is Charlie Munger (like other biographies may), but it does take the reader through his life thoroughly。 Loved learning about his family, childhood, time as a lawyer, early (pre-Buffett) investing years, and Berkshire years。 The chapters on sees candy, blue chip stamps and Salomon Brothers were particularly interesting。 I must note that Munger is my idol, so perhaps my rating of this book is colored by that fact。 I recommend to anyone interested in polymaths, investing, transactional law, and learning about a fulfilled life。 。。。more

Kintan

This is not an investment book, but a book focused on way of life and thinking - shared through Munger's life。 The last chapter (Practical thought about practical thought) is a masterpiece。 This is not an investment book, but a book focused on way of life and thinking - shared through Munger's life。 The last chapter (Practical thought about practical thought) is a masterpiece。 。。。more

Greg

A great biography and history of Charlie Munger。 A great lawyer and even greater investor。 From his birth to his meeting Warren Buffett and other famous investors。 Charlie and his family are all amazing people。 The book goes to the year 2000。 It would be great to see another book from 2000 to present 2019 day。 If you’re a Value Investor and follow Berkshire Hathaway and Warren Buffett then read this book。 It’s a great read on Charlie Munger。 Janet Lowe does a great job capturing Charlie。 Enjoy

Steve

Learn about the bestA good coverage of Charlie munger。It feels “thin” in places。 But a worth while purchase and read 5 stars as it added to my knowledge of Charlie (and warren)

Gary Dale

It was worth the readMore of the wisdom I was after came out further to the end and the appendix (speeches) were worth the read too。

Karthikeyan Mylswamy

Chapter 20 is what i liked and is worthy, if you have not read Snowball。

Jeffrey

Munger is probably the lesser known half of the duo that is running Berkshire, but has achieved enough in his own right that he probably deserves a biography dedicated to his achievements。 In many ways then Damn Right! is a bit disappointing。 While I myself have been guilty of being in awe of them - Lowe as author could probably a bit more a bit more objective。 For example, in covering the purchase of GenRe, she writes: "But Munger and Buffett were undaunted。 Their experience told them that long Munger is probably the lesser known half of the duo that is running Berkshire, but has achieved enough in his own right that he probably deserves a biography dedicated to his achievements。 In many ways then Damn Right! is a bit disappointing。 While I myself have been guilty of being in awe of them - Lowe as author could probably a bit more a bit more objective。 For example, in covering the purchase of GenRe, she writes: "But Munger and Buffett were undaunted。 Their experience told them that long-term, the re-insurer remained an excellent purchase。" This "do no wrong" mentality at times feels like Lowe is writing an homage to worship at the shrine of Munger。Also slightly disappointing, is that a good chunk of Munger's story is simply related back to Buffett。 I would have liked to understand the individual that is Munger a bit better - perhaps a bit more focus on the deals that he did for himself。So while in many ways the book is passable, can't quite recommend it。 I would have liked to see something along the line of Schroeder's The Snowball - that account was a bit more impartial as well as impeccably researched (for example - she takes a much more in depth and balanced examination of the GenRe acquisition)。 However, as a compilation of some of Munger's thoughts and quotes, this book is still a worth read。 。。。more