About Charlie Munger:
Charlie Munger is best known as vice chairman of Berkshire Hathaway and the ever affable partner of Warren Buffett. However, Munger was already well established as an outstanding investor way before becoming Buffett’s right hand man – Munger actually ran a partnership from 1962 to 1975 and achieved average annualized returns of 19.8%.
About the Book:
This Book is titled ‘The Complete Investor’ and author Tren Griffin does not disappoint. From the basics of the Graham value investing system and Munger’s pieces on human psychology to important investors’ attributes as well as key points to look out for in businesses, this book is indeed a comprehensive guide on value investing. I highly recommend this book to all investors seeking qualitative advice on value investing.
There are plenty of learning points from the book. As a summary, I will simply share my biggest takeaways – the 5 …