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Charles Munger's Resume —— Reading Notes on the First Chapter of Poor Charlie's Collection
Name: Charlie Thomas Munger.

Gender: male

Date of birth: 1924 65438+ 10/.

Native place: Obaha, Nebraska, central United States.

Family relations:

Grandpa: federal judge, father: El Munger is a lawyer (graduated from Harvard); Mother: Florence Munger

Specialties and hobbies: when I was a child, I raised hamsters and shot. Read! ! !

Roscoe pound: former dean of Harvard Law School, family friend (interceded for him when applying for Harvard Law School);

Buffett's family: I used to work in Buffett's son's shop. 1959, Charlie was 35 years old and Warren Buffett was 29 years old. They met.

Otis Booth, Roy Toles, Roderick Hills, Dick Espenhead, Carla and James Wood are all partners of MTO Law Firm.

Jack Wheeler, a partner of Wheeler Munger.

Davis: Family doctor.

Dundi primary school

194 1 central high school graduation?

After graduation, I entered the University of Michigan, majoring in mathematics, and I also like physics. After my sophomore year, I participated in an officer training program of the US Army Air Force. He was sent to the University of New Mexico in Albuquerque to study natural science and engineering, and later to the California Institute of Technology in Pasadena, California to study thermodynamics and meteorology. 1946 retired.

He applied to Harvard Law School with the "Retired Soldiers Resettlement Act" and graduated from Harvard Law School 1948.

Social background:

The 1920s was a melting pot of nationalities, where people of different races and religions coexisted peacefully.

The hard years of the 1930s, an era when vagrants wandered around.

194 1 year? The war is raging on the other side of the Atlantic.

1946 ? Marry Nancy Huggins.

1948 graduated from Harvard Law School.

1953 divorced and his son Teddy died of leukemia.

Married Nancy Barry Bosville on 1956. .

1 and 1948 After graduating from Harvard, he went to Southern California and worked for Wright &; Garrett Law Firm, later renamed as Mussik and Biller &; Garrett law firm.

2. 196 1 year, set foot in the real estate industry and invested in Otis booth. The two partners invested $654.38 million and made a profit of $300,000. By the end of 1964, the income was as high as1400,000 USD.

3, 1962, and Mussik, Biele &; Colleagues from Garrett Law Firm set up a new law firm together. At the same time, almost when he started a new law firm, he was also carefully designing a plan to quit the industry. In the meantime, Warren and I have started to cooperate.

4, 1965, leave the law firm.

5. 1962 —— 1975, Charlie and Jack Wheeler cooperated to establish Wheeler Munger Company. Before 1 1 year, the performance was excellent, 1973 and 1974 bear markets, and 1975 rebounded strongly. When Wheeler Munger Company was liquidated, shareholders got shares in blue-chip printing company (Warren Investment was the largest shareholder and Charlie was the second largest shareholder) and diversified retail company, which were converted into shares in Berkshire Hathaway Company, making Charlie a hospital on Forbes rich list.

From 6.65438 to 0978, he officially served as the vice chairman of the board of directors of Berkshire Hathaway.

1, all the smart people I have met in my life don't study every day-none of them. My children all laugh at me. They think I'm a book with two legs. It sounds fun to make friends with the "big dead" through reading, but if you really make friends with the "big dead" in life, then I think you will live a better life and get a better education.

For example, Charlie and Benjamin Franklin are friends. Charlie's parents will give each child some books as gifts at Christmas. Those books are usually wolfed down that night.

In the eyes of a man with a hammer, the world is like a nail. Most people try to solve problems with a mode of thinking, and their thinking often comes from only one professional discipline. But you must know the important theories of various important disciplines.

Dr. Davis's medical collection cultivated his lifelong interest in science.

Really important ideas account for 95% of each subject, so it is very important to get ideas from big subjects and turn them into a part of self-thinking.

He was attracted by the logical reasoning of mathematics, and he thought that the concepts and formulas of physics beautifully demonstrated the power of correct theory.

4. What inappropriate incentive systems should be avoided? Motivation plays a very powerful role. It is the controller of human cognition and behavior. It only involves working hours, and there is no working mechanism about workload and results, which easily makes people lose the motivation to think hard and find solutions.

5. If you want what you want, make yourself worth having. Trust, success and admiration are all gained through hard work.

1, excellent and diligent. Read! Read! ! Read! ! ! Say the important things three times.

2. Go to the source of knowledge.

3. Excellent people and people around them are also excellent. If you want something, make it worth having, and so do resources.

Mark Twain, an American writer, famously said, "If your only tool is a hammer, then you will treat all problems as nails." Charles Munger called this phenomenon "the man with the hammer". Avoid entering the misunderstanding of "prejudice".

5. During the period of1962-1965, I really did a lot of things, such as real estate, law firms and so on. When establishing the law firm, we are also carefully designing the plan to quit the industry. This really gave me a lot of feelings, and I still need to have a good aftertaste. It was Warren who prompted Charlie to change careers. Warren said that although Charlie can take being a lawyer as a hobby, he doesn't earn as much money as what Warren is doing. Warren's logic helped Charlie give up his lawyer career as soon as the economy allowed. It may also be a reference for you who want to change careers.