The Art of Being Rational: Charlie Munger

by Oxana Dubrovina

Every year, thousands upon thousands of people make the pilgrimage to the Berkshire Hathaway annual shareholders meeting to hear the wisdom of one of the smartest men in the business—Charlie Munger. Find out what he has to say!Charlie Munger is one of the most successful businessmen in the world. He is worth more than a billion dollars and has spent his career not only honing his own business decision-making abilities but also teaching others to do the same. Now, all of his wisdom and insight into wealth management is collected in one place.Author Oxana Dubrovina wants to give you a crash course in Munger’s life-changing philosophy. This success self-help guide and motivational biography will put you on the road to a bright financial future by using Munger, as well as other inspirational leaders like Benjamin Franklin, Lee Kuan Yew, and even Jesus Christ, to illustrate important messages about how to live a good, honest, and successful life.

220 pages, Paperback

Published November 24, 2019

Reviews

[Andreas Mucha]

THE ART OF BEING RATIONAL
Die Kunst rational zu sein, ist die Kunst des vernunftgeleiteten zielgerichteten Handelns und Denkens. Es ist eine instrumentelle Vernunft, die ihren Ausgang in der wissenschaftlichen bewertenden Frage nach Effizienz und Effektivität nimmt und durch Logik bestimmt wird. Diese bewertende Logik führt zur sinnvollen Konvergenz von Argumenten und bewegt zu Entscheidungen der guten Handlung. Jene instrumentelle Rationalität vereinigt der US-amerikanische Rechtsanwalt und Investor Charles Thomas Munger in seiner Person als langjähriger Freund und Geschäftspartner des US-Großinvestors Warren Edward Buffets. Charli Munger ist aber genauso wie Warren Buffet ein Freund der substanziellen Rationalität, die sich in einer Gesinnungsethik der beiden Milliardäre widerspiegelt und das ethische Wesenselement des herausragenden Erfolges dieser Unternehmer bildet. Die Autorin des Buches erforscht jene ethisch rationale Kunst und das moralisch ethische Leben von Charli Munger. Sie neigt aber auch zu dem amüsanten Vergleich von Charli Mungers rational ethisch geprägten und außergewöhnlichen Lebenswerkes mit der christlichen Lehre Jesu und Lehre Buddhas. Dennoch spiegelt diese englische und philosophisch verwirklichte Novelle hervorragend jene wichtige ethische Eigenschaft als Leitlinie des Erfolgs eines US-amerikanischen Unternehmers und Investors einer emotional begeisterten Leserschaft wider.

[Ha Vinh Duy]

a great portrait of Charlie Munger, who is one of the most intellectual people of our time.
here what i have learn from this book by Oxana Dubrovina
1. Success Means Being a Learning Machine --> and i am also a learner everyday, and I love reading too
2. Be Patient No Matter How Much Time It Takes --> with me, that is Grit, i had startup more than 15 years ago, if i have no GRIT, I can not moving forward
3. Stay Rational
4. The Way to Win Is to Work. Work, Work, and Hope to Have A Few Insights
5. And I Am Not Moral Because It Is the Right Thing to Do but Because It Is the Best Policy by Benjamin Franklin
and many life lessons that i have learn. and my life goal also be investor like Charlier
Many thanks again Oxana Dubrovina for the book for life, anyone can learn great things for their "better life"
my name Ha Vinh Duy from WorldLine Technology/ Vietnam

[Max]

This book is simply awesome. Unlike any other book I have read about Charlie Munger, Warren Buffett or Berkshire Hathaway.

The author,Oxana Dubrovana, has created a fascinating and awe inspiring insight into the wisdom and philosophy of one of the greatest and smartest men on investing - Charlie Munger.

I found the format of the book made for easy reading.
It was like as I was sitting down with Charlie as he shared a life time of wisdom, life experiences and shared his philosophy on life.

It is a book I found very hard to put down. A great must read book for not only for investors but those on a journey of self improvement.

A gem of a book that deserves a place on the bookshelf of every investor.

The purchase of this book should be seen as an investment and not as a cost.

Well researched- a true gem.

Maxwell Percy

[Jean-François Nobert]

For everyone looking for improvement, this book is for you! Through the story of the fictive character ‘’Mr. Brown’’ the author found a creative way to share the great wisdom from an extended list of quotes and speeches of the legendary, investor, businessman and philanthropist: Charlie Munger. Since the beginning of the lockdown, the reading of this book has certainly been the best investment of my time. As Charlie Munger himself said: “When I want to read something, I take everything else down. I don’t know a wise person who doesn’t read a lot.” This book is phenomenal, can’t recommend it enough.

[Rajat Gupta]

I read a lot of books starting from "Warren Buffet Way". Then I got hold of "Poor Charlie's Almanack" (PCA). I must say that I have learnt so much from Poor Charlie's Almanack which no other book could teach me in last 35 years.

Somehow I was looking for similar books like PCA and i got hold of "The Art of Being Rational". Oxana Dubrovina has put together such an amazing work. I Re-Read the book. Such a wonderful way to explain. I would recommend this book to all Mungerians.

The book is an excellent read.

Look forward to your next work Oxana.

All the best.

[Arun Tikmani]

Best known as Warren Buffett’s longtime and wise shy investment partner, and as the architect of Berkshire Hathaway’s shines at “The Art of Being Rational: Charlie Munger” together with Benjamin Franklin, J.Christ and Lee Kuan Yew.
Wisdom updated, a new facts, biography of Mr. Munger.

The early pages cover Munger’s life as a story, his framework for investing [wait for the fat pitches, and assess each opportunity using rational, rigorous frameworks drawn from multiple disciplines (and not finance theory!). A lot of thinking, intellectualy entertaing book. One of a kind.

[Sufian Ahmed]

I read the whole book in one go,Could'nt keep it down. It took me almost 6 hours to finish it.The writer Oxana Dubrovina has done a tremendous job in going to great lengths to find all the wisdom Charlie Munger has ever spoken. She has presented it in a story- conversation like manner which makes it very easy for the readers to understand. This book is a one stop station to learn almost everything there is to about the life of Charlie Munger. I highly recommend this book nt only to all fans of Charlie Munger but also to people wanting to gain wisdom about life in general.

[Teo Ling]

This book is written like a novel, so it make the book interesting and is easy to read and digest.
It share valuable insight about Charlie's life, his view on investment as well as the beautiful stories on his worldly wisdom.
I highly recommended this book as it is a book for everyone, not just for people who are interested in investing but people who are seeking ways to work on self-improvement.

[Charles Luquet]

Oxana Dubrovina is really doing a great job with this book: she allows us to understand better Charlie's wisdom through her huge knowledge about him.
Thanks to her for her generosity to share her huge work since many years on Charlie.
She is for me one of the best writers on Charlie.

[TK Seow]

This book is not about investing. Author uses simple English to bring readers into the great mind of Charlie Munger. It is easy and enjoyable to read.

[Pin Heong Tee]

An excellent book for someone new to Charlie Munger.
His philosophy of life and mental model are what we can replicate.

[Hendry]

Very good book, teaching of life lessons examples and investing. Good job Oxana!!

[Madalin]

The book tries to make a fictional dialog between one man and what Charlie really said. Is a bad combination and makes the book half useless with what that fictional character says.