Charlie Munger

I am rereading a book I really like, which is Van Doren’s biography of Benjamin Franklin, which came out in 1952, and I’d almost forgotten how good a book it was. And that’s available in paperback everywhere. We’ve never had anybody quite like Franklin in this country. Never again.

There’s a textbook which is called, I think, “Judgment in Managerial Decision Making.” And it’s used in some of the business schools, and it’s actually quite a good book.
It’s not spritely — it’s not written in a spritely way that makes it fun to read, but there’s a lot of wisdom in it. It’s something like Braberman [Max Bazerman]. But it’s “Judgment in Managerial Decision Making.”

By the way, that is a fabulous book. Most of the people who are here will not be able to put it down. I mean, for a book about an economic development, it captures the human background in a very interesting way.

Recommended by Charlie Munger - 1992 Berkshire Hathaway Annual Meeting (OID June 22, 1992)

"Munger was asked to name his favorite books of all time. He replied, "That's hard because I mix ideas from so many books. One fabulous book is The Selfish Gene, which provides basic insights on human conditions.""