What I learned from reading the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger.
There is a very, very special conversation with Charlie Munger that has been released for the very first time today.
It is a conversation that Charlie had with John Collison, the co founder of Stripe.
It is available on the invest like the best podcast feed.
You can listen to the entire conversation for free.
I've already listened to it for four times.
I've read the entire transcript.
I thought it was incredible.
I will leave a link to the episode down below, but you can just search for invest like the best on whatever podcast player you're listening to this now and listen to that conversation.
In fact, I would listen to that conversation before I even listen to this podcast because I talk about a lot of the ideas that is in that conversation and how they relate to the ideas that are in the new updated version, the stripe press version of poor Charlie's Almanac, which is also available for the very first time today.
I hope you listen to the conversation and order yourself a copy of the book.
Links for both are down below and I hope you enjoy this episode.
I first came across poor Charlie's almanac in my twenties, when I was trying to learn everything I could about what made successful businesses tick.
I found it to be a refreshing rebuttal of conventional financial wisdom, delivered with unusual simplicity and candor.
Never before had I heard a venerated business person express such trenchant insights about investing, finance, and the world more broadly.
And with such chutzpah, one cant help but read a line like without numerical fluency you are like a one legged man in an ass kicking contest and come away not only chuckling, but also a little bit wiser.
I had the privilege of meeting Charlie at his home in Los Angeles.
I was delighted to find that he is just as engaging and intellectually curious in person as he is on the page.
He also, I discovered, had considerably more stamina than I do.
More than 4 hours into our dinner, I was ready for bed.
While Charlie showed no signs of flagging.