You Can Do It Yourself Investor´s Guide:How to Invest in Your 401k and IRA Charlie Emery
You Can Do It Yourself Investor´S Guide:How to Invest in Your 401K and Ira Charlie Emery
Charlie Munger, Berkshire Hathaway´s visionary vice chairman and Warren Buffett´s indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of ´´elementary, worldly wisdom´´ - a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management - allows him to keep his emotions out of his investments and avoid the common pitfalls of bad judgment. Munger´s system has steered his investments for 40 years and has guided generations of successful investors. This book presents the essential steps of Munger´s investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and business-case historians. Derived from Ben Graham´s value-investing system, Munger´s approach is straightforward enough that ordinary investors can apply it to their portfolios. This book is not simply about investing. It is about cultivating mental models for your whole life, but especially for your investments. 1. Language: English. Narrator: Fred Stella. Audio sample: http://samples.audible.de/bk/brll/007450/bk_brll_007450_sample.mp3. Digital audiobook in aax.
Please note: This is a review and analysis of the book, not the original book. This review and analysis is not endorsed by or affiliated with Tren Griffin. When one thinks about Berkshire Hathaway, the business giant, we often tend to think of Warren Buffet. We know that Buffet is known to be a legendary investor, of that we cannot deny. Little do people know that the vice-president of Berkshire Hathaway is also a legendary investor in his own right. In this book we will summarize and discuss Tren Griffin´s book Charlie Munger: The Complete Investor and learn more about Charlie himself. We will also discuss the concepts of value investing and other investment ideas from this icon of investing. Enjoy! 1. Language: English. Narrator: Doron Alon. Audio sample: http://samples.audible.de/bk/acx0/098322/bk_acx0_098322_sample.mp3. Digital audiobook in aax.
Charlie Munger:The Complete Investor Columbia Business School Publishing Tren Griffin
Charlie Munger is an American investor, businessman, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett. Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation. Munger was born in Omaha, Nebraska. As a teenager he worked at Buffett & Son, a grocery store owned by Warren Buffett´s grandfather. After enrolling in the University of Michigan, where he studied mathematics, he never returned to Omaha except to visit. In early 1943, a few days after his 19th birthday, he dropped out of college to serve in the US Army Air Corps, where he became second lieutenant. He continued his studies in meteorology at Caltech in Pasadena, California, the town he was to make his home. Through the GI Bill, he took a number of advanced courses through several universities; without an undergraduate degree, he entered Harvard Law School and graduated magna cum laude with a JD in 1948. At Harvard, he was a member of the Harvard Legal Aid Bureau. In college and the army, he developed ´´an important skill´´: card playing. ´´What you have to learn is to fold early when the odds are against you, or if you have a big edge, back it heavily because you don´t get a big edge often. Opportunity comes, but it doesn´t come often, so seize it when it does come.” - Charlie Munger 1. Language: English. Narrator: Andrew S. Baldwin. Audio sample: http://samples.audible.de/bk/acx0/116873/bk_acx0_116873_sample.mp3. Digital audiobook in aax.
In this essential handbook - a blend of Rich Dad, Poor Dad and The Happiness Project - the cohost of the wildly popular InvestED podcast shares her yearlong journey learning to invest, as taught to her by her father, investor and best-selling author Phil Town. Growing up, the words finance, savings, and portfolio made Danielle Town´s eyes glaze over, and the thought of stocks and financial statements shut down her brain. The daughter of a successful investor and best-selling financial author of Rule #1, Phil Town, she spent most of her adult life avoiding investing - until she realized that her time-consuming career as a lawyer was making her feel anything but in control of her life or her money. Determined to regain her freedom, vote for her values with her money, and deal with her fear of the unpredictable stock market, she turned to her father, Phil, to help her take charge of her life and her future through Warren Buffett-style value investing. Over the course of a year, Danielle went from avoiding everything to do with the financial industrial complex to knowing exactly how and when to invest in wonderful companies. In Invested, Danielle shows you how to do the same: how to take command of your own life and finances by choosing companies with missions that match your values, using the same gold-standard strategies that have catapulted Warren Buffet and Charlie Munger to the top of the Forbes 400. Avoiding complex math and obsolete financial models, she turns her father´s investing knowledge into 12 easy-to-understand lessons. In each chapter Danielle examines the investment strategies she mastered as her increasing know-how deepened the trust between her and her father. Throughout, she streamlines the process of making wise financial decisions and shows you just how easy - and profitable - investing can be. Capturing a warm, charming, and down-to-earth give and take b... 1. Language: English. Narrator: Danielle Town, Phil Town. Audio sample: http://samples.audible.de/bk/harp/006661/bk_harp_006661_sample.mp3. Digital audiobook in aax.
Words of wisdom from Charlie Munger - Warren Buffett´s longtime business partner and the visionary Vice Chairman of Berkshire Hathaway - collected and interpreted with an eye towards investing by David Clark, coauthor of the best-selling Buffettology series. Born in Omaha, Nebraska in 1924 Charlie Munger studied mathematics at the University of Michigan, trained as a meteorologist at Cal Tech Pasadena while in the Army, and graduated magna cum laude from Harvard Law School without ever earning an undergraduate degree. Today, Munger is one of America´s most successful investors, the Vice Chairman of Berkshire Hathaway, and Warren Buffett´s business partner for almost 40 years. Buffett says ´´Berkshire has been built to Charlie´s blueprint. My role has been that of general contractor.´´ Munger is an intelligent, opinionated business man whose ideas can teach professional and amateur investors how to be successful in finance and life. Like The Tao of Warren Buffett and The Tao of Te Ching, The Tao of Charlie Munger is a compendium of pithy quotes including, ´´Knowing what you don´t know is more useful than being brilliant´´ and ´´In my whole life, I have known no wise people who didn´t read all the time - none, zero.´´ This collection, culled from interviews, speeches, and questions and answers at the Berkshire Hathaway and Wesco annual meetings, offers insights into Munger´s amazing financial success and life philosophies. Described by Business Insider as ´´sharp in his wit and investing wisdom,´´ Charlie Munger´s investment tips, business philosophy, and rules for living are as unique as his life story; intelligent as he clearly is; and as successful as he has been. 1. Language: English. Narrator: Arthur Morey. Audio sample: http://samples.audible.de/bk/sans/007731/bk_sans_007731_sample.mp3. Digital audiobook in aax.