Charlie Munger (Review and Analysis of Griffin's Book)
4.5/5
()
About this ebook
This complete summary of the ideas from Tren Griffin’s book “Charlie Munger" gives an insight into the mind of Charlie Munger, one of the world's most successful investors and Warren Buffet's long-term partner. The author explains the three elements that compose the framework used by Munger when making investments; principles, the "right stuff" and variables. This summary will give you the techniques used by one of the best in the industry so that you can achieve your own success.
Added-value of this summary:
• Save time
• Understand the key principles
• Expand your business knowledge
To learn more, read “Charlie Munger” and find out how you can become a successful investor by following one simple framework.
Read more from Business News Publishing
The 12 Week Year (Review and Analysis of Moran and Lennington's Book) Rating: 5 out of 5 stars5/5The 4-Hour Workweek (Review and Analysis of Ferriss' Book) Rating: 4 out of 5 stars4/5Rocket Fuel (Review and Analysis of Wickman and Winter's Book) Rating: 5 out of 5 stars5/5Leaders Eat Last (Review and Analysis of Sinek's Book) Rating: 5 out of 5 stars5/5DotCom Secrets (Review and Analysis of Brunson's Book) Rating: 4 out of 5 stars4/5Understanding Financial Statements (Review and Analysis of Straub's Book) Rating: 5 out of 5 stars5/5The One Page Business Plan (Review and Analysis of Horan's Book) Rating: 5 out of 5 stars5/5The 80/20 Principle (Review and Analysis of Koch's Book) Rating: 4 out of 5 stars4/5The Ultimate Sales Machine (Review and Analysis of Holmes' Book) Rating: 4 out of 5 stars4/5How to Master the Art of Selling (Review and Analysis of Hopkins' Book) Rating: 0 out of 5 stars0 ratingsSwitch (Review and Analysis of the Heath Brothers' Book) Rating: 5 out of 5 stars5/5The Fifth Discipline (Review and Analysis of Senge's Book) Rating: 0 out of 5 stars0 ratingsTo Sell Is Human (Review and Analysis of Pink's Book) Rating: 5 out of 5 stars5/5Good Strategy Bad Strategy (Review and Analysis of Rumelt's Book) Rating: 3 out of 5 stars3/5Execution (Review and Analysis of Bossidy and Charan's Book) Rating: 0 out of 5 stars0 ratingsThe Mckinsey Mind (Review and Analysis of Rasiel and Friga's Book) Rating: 4 out of 5 stars4/5What They Don't Teach You at Harvard Business School (Review and Analysis of McCormack's Book) Rating: 4 out of 5 stars4/5The HR Scorecard (Review and Analysis of Becker, Huselid and Ulrich's Book) Rating: 5 out of 5 stars5/5The Sandler Rules (Review and Analysis of Mattson's Book) Rating: 5 out of 5 stars5/5Traction (Review and Analysis of Weinberg and Mares' Book) Rating: 5 out of 5 stars5/5The One Thing (Review and Analysis of Keller and Papasan's Book) Rating: 5 out of 5 stars5/5Start Late, Finish Rich (Review and Analysis of Bach's Book) Rating: 4 out of 5 stars4/5The CashFlow Quadrant (Review and Analysis of Kiyosaki and Lechter's Book) Rating: 0 out of 5 stars0 ratingsReady, Fire, Aim (Review and Analysis of Masterson's Book) Rating: 5 out of 5 stars5/5The Speed of Trust (Review and Analysis of Covey's Book) Rating: 5 out of 5 stars5/5Talent Is Overrated (Review and Analysis of Colvin's Book) Rating: 0 out of 5 stars0 ratingsMultipliers (Review and Analysis of Wiseman and McKeown's Book) Rating: 0 out of 5 stars0 ratingsNegotiation Genius (Review and Analysis of Malhotra and Bazerman's Book) Rating: 4 out of 5 stars4/5No Excuses! (Review and Analysis of Tracy's Book) Rating: 5 out of 5 stars5/5Built to Sell (Review and Analysis of Warrilow's Book) Rating: 4 out of 5 stars4/5
Related to Charlie Munger (Review and Analysis of Griffin's Book)
Related ebooks
The Big Secret for the Small Investor (Review and Analysis of Greenblatt's Book) Rating: 0 out of 5 stars0 ratingsSummary of Joel Greenblatt's You Can Be a Stock Market Genius Rating: 0 out of 5 stars0 ratingsPayback Time (Review and Analysis of Town's Book) Rating: 0 out of 5 stars0 ratingsSummary of Sven Carlin's MODERN VALUE INVESTING Rating: 0 out of 5 stars0 ratingsThe Intelligent Investor (Review and Analysis of Graham's Book) Rating: 3 out of 5 stars3/5Free Capital: How 12 private investors made millions in the stock market Rating: 4 out of 5 stars4/5The Warren Buffett Way (Review and Analysis of Hagstrom's Book) Rating: 5 out of 5 stars5/5Strategic Value Investing (PB): Techniques From the World’s Leading Value Investors of All Time (EBOOK) Rating: 4 out of 5 stars4/5Summary of Tren Griffin's Charlie Munger Rating: 0 out of 5 stars0 ratingsSummary of William Green's Richer, Wiser, Happier Rating: 0 out of 5 stars0 ratingsThe Battle for Investment Survival (Rediscovered Books): Complete and Unabridged Rating: 5 out of 5 stars5/5The Intelligent Investor by Benjamin Graham and Jason Zweig: Summary and Analysis Rating: 3 out of 5 stars3/5The Intelligent Investor Summary Rating: 4 out of 5 stars4/5The Harriman Book Of Investing Rules: Collected wisdom from the world's top 150 investors Rating: 4 out of 5 stars4/5The Zulu Principle: Making extraordinary profits from ordinary shares Rating: 5 out of 5 stars5/5The Battle for Investment Survival Rating: 0 out of 5 stars0 ratingsTempleton Way (PB) Rating: 4 out of 5 stars4/5The Zurich Axioms (Harriman Classics): The rules of risk and reward used by generations of Swiss bankers Rating: 4 out of 5 stars4/5Investing Formula Rating: 0 out of 5 stars0 ratingsSummary of Guy Spier's The Education of a Value Investor Rating: 0 out of 5 stars0 ratingsSummary of Mohnish Pabrai's The Dhandho Investor Rating: 0 out of 5 stars0 ratingsThe Dhandho Investor: The Low-Risk Value Method to High Returns Rating: 5 out of 5 stars5/5The Buffett Essays Symposium: A 20th Anniversary Annotated Transcript Rating: 5 out of 5 stars5/5
Personal Finance For You
Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Girls That Invest: Your Guide to Financial Independence through Shares and Stocks Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 4 out of 5 stars4/5Money Hacks: 275+ Ways to Decrease Spending, Increase Savings, and Make Your Money Work for You! Rating: 4 out of 5 stars4/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Investing For Dummies Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5The Black Girl's Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness Rating: 4 out of 5 stars4/5Money. Wealth. Life Insurance. Rating: 5 out of 5 stars5/5The Millionaire Next Door Rating: 4 out of 5 stars4/5Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 4 out of 5 stars4/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Summary of R. Nelson Nash's Becoming Your Own Banker Rating: 0 out of 5 stars0 ratingsWe Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5
Reviews for Charlie Munger (Review and Analysis of Griffin's Book)
3 ratings1 review
- Rating: 3 out of 5 stars3/5This ebook is readable but there are shortcomings. In parts it reads like average sophomore class notes. It starts with a good introduction to Value investing but, like an AI bot , it makes repetitive and over-generalised conclusions. Example: "Intrinsic value is always based on the present value of the firm's future cash flows." This isn't true. Graham also proposed the 'Net-Net' calculation, and the 'Graham Number' is yet another formulaic basis. A later statement in this ebook also makes it clear that even Munger and Buffett have their own particular and unique approaches to intrinsic valuation.
Book preview
Charlie Munger (Review and Analysis of Griffin's Book) - BusinessNews Publishing
Book Presentation: Charlie Munger by Tren Griffin
Summary of Charlie Munger (Tren Griffin)
Book Abstract
MAIN IDEA
Charlie Munger is one of the world's most successful investors. He is Warren Buffett's long-term partner and exactly one-half of the Berkshire Hathaway senior management team.
Like Warren Buffett, Munger was born and raised in Omaha, Nebraska where he still lives. Charlie Munger studied mathematics at the University of Michigan and then served as a meteorologist in the US Army during World War II. After the war, he studied law at Harvard Law School and upon graduation formed a law firm with a few partners which would ultimately become one of the nation's most prestigious legal practices. Despite that success, Munger left the legal profession to become a full-time investor at the urging of Warren Buffett who he met in California. From 1962 to 1975, Charlie Munger ran an investment partnership which generated 20-percent annual returns compared to 5-percent growth in the Dow Jones over the same time period.
So what is the secret of Charlie Munger's success as an investor? He and Warren Buffett both use a reasonably simple framework for thinking which has three elements:
Principles – Munger and Buffett are well-known advocates of the Graham value investing system.
The Right Stuff – Munger and Buffett always try and take the emotion out of their investment decisions and act rationally and dispassionately.
Variables – Munger and Buffett always add in their unique take on events as an integral part of their investment strategy.
About the Author
TREN GRIFFIN is a senior manager at Microsoft where he deals in strategy, competitive analysis and business development. He was