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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Other editions. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. Preview — Damn Right! Damn Right! Warren Buffett Foreword by. Praise for Damn Right! There is a method to his mastery and, through this book, we get a chance to learn about this rare individual.
With a biographer's detachment, an historian's thoroughness, and a financial writer's common sense, Lowe produces a riveting account of the family, personal, and business life of the idiosyncratically complex and endlessly fascinating figure.
Now we can rest and enjoy reading Janet Lowe's book about this rare intellectual jewel called Charlie Munger. But his life should be explained. In a city where heroism is too often confused with celebrity, Charlie is a true hero and mentor. He lives the life lessons that he has studiously extracted from other true heroes and mentors, from Ben Franklin to Ben Graham. This book illuminates those life lessons. Get A Copy. Paperback , pages. Published May 23rd by Wiley first published More Details Original Title.
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Rating details. More filters. Sort order. Start your review of Damn Right! May 25, James rated it did not like it. Mostly gossip about his family, very little about his investing career. Apr 07, Amir rated it it was amazing. He is a business man, lawyer, real estate developer, and some will say a philosopher. It is not a story of get rich fast, or a story of a young guy with a brilliant idea that changed the world in 5 years or less. It is a different kind of a story, a story of hard work, a story of tragedies and triumphs, a story of building your life dreams one day at a time, a story of Damn Right!
It is a different kind of a story, a story of hard work, a story of tragedies and triumphs, a story of building your life dreams one day at a time, a story of a man with gumption.
Some criticize the book of not detailing the investment philosophy of Charles Munger, some say it has too many details or too few of them. I think it is not an investment book per se, but it is a mind set book. I find it to be a fascinating story of a man with values that we all know, determination that we aspire to have, and yes some luck that we wish for.
I once spoke with two business owners, they both had the same type of business, they both had partners, both were determined and hard working and they both struggled, one of them became a very successful multi branch business while the other bankrupt. I think that by reading the book you might find the answer, and if not you might get inspired. When the situation is tough and one craves to raise the white flag, there will be the ones who will give up and ones that will keep on pushing.
Charles Munger story is of a person that kept on going for decades and achieved the success he deserved. May 23, Erik Potter rated it it was ok.
This book needed a better editor. It reads like a series of articles from the business section interspersed by ill-fitting, irrelevant domestic scenes in an attempt to justify it being a bound volume. It seems perpetually removed from its subject, not satisfying the personal-portrait desires by biography buffs, while also spending too much time on meaningless financial trivia, disappointing interested investors looking for deeper insight into one of the most successful investing world views in h This book needed a better editor.
It seems perpetually removed from its subject, not satisfying the personal-portrait desires by biography buffs, while also spending too much time on meaningless financial trivia, disappointing interested investors looking for deeper insight into one of the most successful investing world views in history.
Aug 28, Samuel Peck rated it liked it. Sadly, a poorly written book about an interesting person. One can derive similar lessons and insights with greater ease and clarity - and with less of the random useless biographical minutiae - from The Snowball, Poor Charlie's Almanac and the Peter Bevelin books.
View 2 comments. Dec 27, Kintan rated it it was amazing Shelves: This is not an investment book, but a book focused on way of life and thinking - shared through Munger's life.
The last chapter Practical thought about practical thought is a masterpiece. May 10, Ujval Nanavati rated it it was ok. Charlie Munger's is a story that needs to be told. And told well. Unfortunately this effort is a poor one. Badly written, needlessly detailed on unimportant aspects, and badly organised. And yet, useful in pockets. Sep 23, InvestingByTheBooks.
There are multiple books and papers written about the vice Chairman of Berkshire Hathaway, Charles T. When Damn Right! And whereas a lot is written about Munger as an investor, in this biography we get to know him on a more personal level from his birth to his 70s around the year Munger and his family always wanted to remain out of the public eye, causing very little information to be available about Munger before Damn Right!.
Still, the author Janet Lowe told Munger that she was going to write about him with or without his consent and after a while he agreed to be cooperative. Lowe is an investment writer and author. She specializes in books about business leaders and has among others portrayed Benjamin Graham, Warren Buffett and Bill Gates.
His family taught him the sound morals of Thomas Jefferson and Benjamin Franklin from an early age. His father was an Omaha judge and Munger followed in his father's footsteps by pursuing law.
Early in his career he suffered from both distractive events as being forced into military service, as well as sad ones with a divorce and the tragic death of his son. It took him until his thirties to start accumulating his fortune which he built out of savings from his legal practice, invested into real estate projects.
Having realized that debt is a vital ingredient to be successful in real estate investing together with it being a full-time job, he soon moved on to other interests. This involved starting an investment partnership and resigning from being a lawyer after having co-founded the law firm Munger, Tolles and Olsen - which is used by Berkshire to this day. Munger ran a concentrated investment portfolio with huge success but also wild fluctuations. He frequently discussed his investment ideas with Warren Buffett who he later famously went into business with, taking the subordinate position as vice Chairman of Berkshire Hathaway.
Munger is famously known for teaching Buffett that it pays off to pay up for quality. What is not so known but explained in the book is that he himself also learnt that lesson fairly late. Munger is of the view that honesty and hard work will take a person a long way. Although the book is filled with timeless quotes from both Munger and Buffett I still feel that some quotes are a bit misplaced where one subject is discussed and then followed by a quote or writing which is not really connected with the prior text disrupting the flow of the reading.
However, this is more of a minor observation than a large negative. For me, a book about Munger could never be boring. The part I enjoyed the most was to get more insight into Charlie Munger the person and not only his sharp quotes and wisdom, even if the book gives the reader plenty of that too. The only thing I would ask for now is for someone to fill in the gaps of the last 20 years of the fascinating life of Charlie Munger.
Jul 03, Aharon rated it it was ok. A term paper that never ends. Jul 14, Jai Preston rated it it was amazing. A deep, profound and far-reaching insight into the incredible life of the Oracle of Omaha's right hand man, Charlie Munger.
Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
The success story of Berkshire for a long time has focused only on Warren Buffett, the front man with the knack of explaining even the most complicated issues in a funny and folksy manner. So I was pretty surprised that there is a much older book about Charlie than the others. The book starts slowly with some stories on his parents and grand parents but gets more interesting pretty quickly. Munger started early on as a lawyer but discovered that he can make more money by being a real estate developer and started buying plots, building and selling apartments and houses. He then started to buy parts of or whole small companies.
Damn Right! : Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger [Paperback]
value and opportunity