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

Gender: male

Date of birth: January 1, 1924

Native place: Obaha, Nebraska, central United States

Family relationship:

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

Specialty and hobby: raising hamsters and shooting when I was a child. Read! ! !

roscoe pound, former dean of Harvard Law School, is a family friend (he interceded for him when he applied for Harvard Law School);

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

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

Jack Wheeler, partner of Wheeler Munger Company.

Davies: Family doctor.

Dundee Primary School

Graduated from Central High School in 1941?

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

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

Social background:

In the 192s, people of different races and religions lived in peace.

The 193s was a tough time, a time when vagrants wandered.

in 1941? The war is raging on the other side of the Atlantic.

1946 ? Marry Nancy Huggins.

graduated from Harvard Law School in 1948.

divorced in 1953, and my son Teddy died of leukemia.

she married Nancy Barry Bosville in 1956. .

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

2. In 1961, he set foot in the real estate industry, and his investment partner was Otis Booth. The two partners invested $1, and got a profit of $3,. By the end of 1964, the income was as high as $1.4 million.

3, 1962, and Mussik, Biller & Colleagues from garrett Law Firm set up a new law firm together. MTO。 At the same time, almost when he started a new law firm, he was also carefully designing a plan to quit the industry. During the period, Warren and I have already started cooperation.

4. In 1965, I left the law firm.

5. From 1962 to 1975, Charlie and Jack Wheeler cooperated to form Wheeler Munger Company. Excellent performance in the first 11 years, bear market in 1973 and 1974, and strong rebound in 1975. When Wheeler Munger Company was liquidated, its 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 of Berkshire Hathaway, making Charlie a hospital on Forbes rich list.

6. In 1978, 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 read 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 "great dead man" through reading, but if you do make friends with the "great dead man" in life, then I think you will live a better life and get a better education.

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

2. In the eyes of a man with a hammer in his hand, the world is like a nail. Most people try to solve problems with a thinking model, 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 books have cultivated his lifelong interest in science.

3. 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 is attracted by the logical reasoning of mathematics. He thinks that the concepts and formulas of physics show the power of correct theory beautifully.

4. What inappropriate incentive systems should be avoided? The role of motivation is very powerful, and 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 worthy of it. Trust, success and admiration are all gained by hard work.

1. Excellent and hardworking. 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 yourself worthy of it So are resources.

4. American writer Mark Twain famously said, "If the only tool you have 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. From 1962 to 1965, I really did a lot of things, such as real estate, law firms and so on. When establishing a law firm, we are also carefully designing a 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, the money he earns as a lawyer is not as much as what Warren is doing. Warren's logic helps Charlie give up his lawyer career as soon as the economy permits. It may also be a reference for you who want to change careers.