Poor Charlie's Almanack by Charlie Munger

This book is a compilation of wisdom and insights from one of the most successful investors and thinkers of our time. It gathers speeches, essays, and reflections, offering readers a deep dive into the philosophy of value investing and decision-making. Through its pages, the book emphasizes the importance of multidisciplinary learning, mental models, and the psychology of human misjudgment. It serves not only as a guide to better investment practices but also as a manual for living a more thoughtful and effective life. The teachings within are presented in an accessible manner, making complex ideas understandable and actionable for a wide audience, from seasoned investors to those just beginning to explore the intricacies of personal and professional development.

The 8584th greatest book of all time

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Total Points: 69

Since this book was first published in 2005, there is a penalty of 49.6%. The age adjusted score is 34.78.

This is to prevent newer books from reaching super high on the ranked list of the greatest books of all time. The greatest books should also stand the test of time.