Buy this book at Amazon.com or try Amazon.co.uk in England, Amazon.ca in Canada, Amazon.de in Germany, Amazon.fr in France, Amazon.it in Italy, Amazon.es in Spain. ASIN=1578644283, Category: Investment, Language: E, cover: HC, pages: 328, year: 2007.
Review [of the book's first ed.] © (2005) by IBS
The [1st ed. ] book was published in 2003 by Post Scriptum, Sweden, ISBN 9163136856, printed in Sweden, and the author, Peter Bevelin, lives in Sweden. (Previously, the book was also available under ISBN 1587991888.)
Quote from the introduction:
"This book is for those that love constant search for knowledge. I've focused on explaining timeless ideas. ... My goal is to lay a foundation."
There are four parts:
I greatly enjoyed reading typical Mungerism in Appendix One (p228-231),
Charles T. Munger Harward School Commencement Speech / June 13, 1986:
Prescriptions for Guaranteed Misery in Life.
(Mungerism is not be be confused with Modestism; CTM doesn't fear to tell the truth but usually he expresses himself so intellectually weird that only initiates, i.e., those who are powered by thinking, can understand it.)
Appendix Two (p232-246), Wisdom from Charles T. Munger and Warren E. Buffett: is
rather condensed wisdom (I don't know why the author used smallprint in the appendices)
and consists mainly of selected quotes from Outstanding Investor Digest (OID.com) and WEB's letters to shareholders:
On how to change people, on the difficulty of replacing a CEO, on overconfidence, on the value of math, on advantage and disadvantage of scale, on how to get worldly wisdom, on what something really means, on setting goals, on the real risk of investing, on the difficulty of developing a fair social system*, ...
Who would have thought that Peter Bevelin references a well kept secret book written by George Boole and first published in 1854, ten books written by nobel laureate Richard Feynman, "The Crowd" by Gustave Le Bon? I was happy that Bevelin didn't make any reference to Lord John Maynard Keynes - one of the greatest speculators. Those who've read Adam Smith's "The Money Game" know the latter two.
*) maybe WEB didn't yet discover Rudolf Steiner's "Social Future", 1919.
and for informational purposes only; they do not constitute
an endorsement or an approval by IBS of any of the products, services or opinions of the corporation or organization
or individual. IBS bears no responsibility for the accuracy, legality or content of the external site nor for any
Advertisements :: Music for the Inquiring Mind and the Passionate Heart: LEO RECORDS :: (Multilingual) Find a free host and make friends while travelling internationally: beWelcome.org (BW) :: (German only) Finden Sie einen Reisepartner - einfach, gratis und ohne Registrierung: reisepartner-gesucht.de :: (Multilingual) Get your encrypted mailbox for free: Tutanota.com