20 favourite books of billionaire investor Charlie Munger

ON THIS PAGE

Charlie Munger is a modern-day polymath and one of the most respected investors of all time. He credits reading 500 pages/day with much of his success—his children even call him a book with legs. Here are 20 of his favourite books:
1/ In the Plex: How Google Thinks, Works, and Shapes Our Lives by Stephen Levy. “I hate to admit this because I’ve ignored high-tech all my life, but I read that book In the Plex about Google, and I found it a very interesting book.” –Charlie Munger https://www.amazon.com/Plex-Google-Thinks-Works-Shapes
2/ The Outsiders by William Thorndike “A book that details the extraordinary success of CEOs who took a radically different approach to corporate management.” –Charlie Munger https://www.amazon.com/Outsiders-Unconventional-Radically-Rational-Blueprint
3/ Influence by Robert Cialdini. ”You couldn’t start with a better book than Cialdini’s Influence to avoid being manipulated by vendors and by lenders using the standard tricks of the vendor and lender trade.” –Charlie Munger https://www.amazon.com.au/Influence-New-Expanded-Psychology-Persuasion/
4/ Living Within Limits by Garrett Hardin. Recommended in Charlie’s Book, “Poor Charlie’s Almanack.” https://www.amazon.com.au/Living-Within-Limits-Economics-Population/
5/ The Warren Buffett Portfolio by Robert Hagstrom. ”I read it and I was flabbergasted to find it not only very well written, but a considerable contribution to the synthesis of human thought on the investment process.” –Charlie Munger https://www.amazon.com.au/Warren-Buffett-Portfolio-Mastering-Investment
6/ Damn Right by Janet Lowe. “That Janet Lowe book about me has had a very interesting sub-chapter, so to speak, in its distribution. I notice a considerable number of people buying that book and sending one copy to each descendant.” –Charlie Munger https://www.amazon.com.au/Damn-Right-Berkshire-Hathaway-Billionaire/
7/ Benjamin Franklin by Walter Isaacson. It’s hard to write a bad book on such an interesting subject.” –Charlie Munger https://www.amazon.com.au/Benjamin-Franklin-American-Walter-Isaacson
8/ Man’s Search For Meaning by Viktor Frankl. “Generally speaking, envy, resentment, revenge and self-pity are disastrous modes of thought” –Charlie Munger https://www.amazon.com.au/Mans-Search-Meaning-Viktor-Frankl/
9/ Models of My Life by Herb Simon. “And some shareholder sent me a book that not many of you will like, by Herb Simon I think, Models of My Life. sAnd it’s a very interesting book for a certain academic type.” –Charlie Munger https://www.amazon.com/Models-My-Life-MIT-Press/
10/ Genome by @mattridley. ”It is a fabulous book. Of course, I’m recommending a bestseller, but they’re selling it in the airport.” –Charlie Munger https://www.amazon.com/Genome-Autobiography-Species-23-Chapters/
11/ Titan: The Life of John D. Rockefeller, Sr by Ron Chernow. “One of the best business biographies I have ever read. That was just a wonderful, wonderful book. And I don’t know anybody who’s read it who hasn’t enjoyed it.” –Charlie Munger https://www.amazon.com/Titan-Life-John-Rockefeller-Sr
12/ Andrew Carnegie by Joseph Wall. Recommended in Charlie’s Book, “Poor Charlie’s Almanack.” –Charlie Munger https://www.amazon.com/Andrew-Carnegie-Joseph-Frazier-Wall
13/ The Wealth and Poverty of Nations by David Landes. “I would heartily recommend it. He knows way more economics and science than is common for a history professor. And that gives him better insight ” –Charlie Munger https://www.amazon.com.au/Wealth-Poverty-Nations-Some-Rich
14/ Guns, Germs, and Steel by Jared Diamond. “I have recently read a new book twice, which I very seldom do. And that book is Guns, Germs and Steel by Jared Diamond. And it’s a marvelous book.” –Charlie Munger https://www.amazon.com.au/Guns-Germs-Steel-Patterns-Life/
15/ The Selfish Gene by Richard Dawkins. “I had to read The Selfish Gene twice before I fully understood it. And there were things I believed all my life that weren’t so, and I think it’s just wonderful, when you have those experiences.” –Charlie Munger https://www.amazon.com.au/Selfish-Gene-40th-Anniversary
16/ Master of the Game by Connie Bruck. “I very much enjoyed Master of the Game, a biography of Steve Ross, who headed Warner and later was, co-chairman of Time Warner…. she’s a very insightful writer and it’s a very interesting story.” –Charlie Munger https://www.amazon.com.au/Master-Game-Fantastic-Undertaker-Conglomerate
17/ Benjamin Franklin by Carl Van Doren. “I am rereading a book I really like, Van Doren’s biography of Ben Franklin, and I’d forgotten how good a book it was. We’ve never had anybody quite like Franklin in this country. Never again.” –Charlie Munger https://www.amazon.com.au/Benjamin-Franklin-Carl-Van-Doren
18/ The Third Chimpanzee by Jared Diamond. Recommended in Charlie’s Book, “Poor Charlie’s Almanack.” https://www.amazon.com.au/Third-Chimpanzee-Jared-Diamond
19/ Deep Simplicity by John Gribbin. “It’s pretty hard to understand everything, but if you can’t understand it, you can always give it to a more intelligent friend.” –Charlie Munger https://www.amazon.com/Deep-Simplicity-Bringing-Order-Complexity
20/ Ice Age by John Gribbin. “Best work of science exposition and history that I’ve read in many years!” –Charlie Munger https://www.amazon.com/Ice-Age-John-Gribbin
That’s 20 of Charlie Munger’s favourite books. What else would you add? Let me know in the comments. Follow me @_alexbrogan for more content to help you get better at the game of life. https://twitter.com/1488287898067607553/status/1595783110838276099
If you like improving your thinking, you will love my weekly newsletter. I share mental models (weekly), high-quality links to the best content I find (monthly), and exclusive subscriber resources (a few times per year). You can join here: https://alexbrogan.beehiiv.com/
Follow: @_alexbrogan [Via]

Make sense of what's next.

A clear-eyed digest of AI, products, and ideas worth understanding. Join the NextBigWhat newsletter.

Free. Unsubscribe anytime.

more AI news

Disney eyes acquisition of Character.ai amid bankruptcy filing

Disney is considering a potential acquisition of Character.ai, a tech startup that has recently filed for Chapter 11 bankruptcy. The move could allow Disney to integrate advanced AI chatbot technology into its offerings. This acquisition could reshape Disney’s approach to digital interactions and character engagement.

Only 5000 people have fully grasped AI’s potential: Andrej Karpathy

Andrej Karpathy emphasizes that only a small fraction of people, around 5,000, have fully grasped the potential of AI, indicating a growing gap in AI capabilities. Meanwhile, Box CEO Aaron Levie predicts the future of agent swarms in AI, though he notes that most enterprises are currently unprepared to implement such advanced technologies. This highlights the need for increased awareness and readiness among businesses to leverage AI effectively.

Meta AI launches Muse Wonder, advancing personal and professional agent capabilities

Meta AI Research has introduced Muse Wonder, a new frontier model designed for enhancing personal and professional agent functionalities. This innovative model features a Responsive Step and Repeat hero animation, showcasing its advanced capabilities. The development is set to influence how users interact with AI, potentially transforming productivity and user experience.

Google launches synth-id to identify AI-generated content

Google has introduced a standalone platform called SynthID Detector, designed to help users determine if online content was generated using Google AI or its partner tools. This initiative aims to enhance transparency and trust in digital content, amidst growing concerns about the authenticity of AI-generated materials. The tool reflects Google’s commitment to ethical AI usage and the accountability of content creators.

US halts green card access for major IT firms amid H-1B abuse claims

The US Department of Labor has suspended major tech companies, including Microsoft, Infosys, and Cognizant, from the green card program due to allegations of H-1B visa abuse. This decision impacts several prominent IT firms such as TCS, Wipro, and Capgemini, potentially affecting their ability to recruit foreign talent. The move underscores increasing scrutiny on visa practices within the tech industry.