Wednesday, January 24, 2007

Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger - Book Review

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

What Is It About?

This book is obviously about Charlie Munger, Vice Chairman of Berkshire Hatahway. The material covered in this book is a mix of biography and review of Mr. Munger’s development and practice of value investing alongside Warren Buffett.

What Did I Get Out Of It As A New Investor?

The book provides insight into Mr. Munger’s personal background, helping to explain the motivations behind the man known as Warren Buffett’s business partner. From an investing point of view there is no attempt to offer a blueprint for success. Rather what an investor gleans from this book is an understanding that investment success, at least as practiced by Mr. Munger, requires common sense thought on business and the markets.

The Good News

The book is only one of two that examines Mr. Munger’s life and his business success.

The Bad News

The book is not a terribly engaging read. The author has created a niche where she has written several books on successful business persons and the book reads as if it follows some formula for efficiently producing manuscripts. While the subject matter is definitely interesting, the style of writing shows a bit of fatigue.

The Bottom Line

Mr. Munger has led an interesting life worth studying. I would recommend you check the book out from the library.

Other Related Books:

Poor Charlie's Almanack Expanded Second Edition. The Wit and Wisdom of Charles T. Munger

1 comment:


Excellent book on warren buffett.