Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
Janet C. Lowe, Charles Thomas Munger. John Wiley & Sons, $48.95 (304pp) ISBN 978-0-471-24473-8
HWhen Warren Buffett's partner, fellow Nebraskan and Berkshire Hathaway vice-chairman Charles T. Munger (now 76 years old) was a young boy, his hero was the independent Robinson Crusoe. As he grew older, he strove (and still strives) to emulate the creative thinker Benjamin Franklin, whom Munger admires most for his commitment to social causes and philanthropy. (Munger is one of the pioneering supporters of Planned Parenthood.) Lowe, who spent three intensive years learning about Munger's life and work, had the full cooperation of his subject for this biography and access to his vast network of admiring and devoted business associates, his family and his lifelong friends. She does a superb job of re-creating Munger's development from a respectable lawyer to a savvy investor, providing intricate details about the incisive thinking behind his business deals, which she weaves into a captivating narrative. The droll, brilliant, focused and intensely private Munger conducts his business the way he lives his life: he invests his time and his money in people of strong moral character and businesses that are intrinsically sound. He is not averse to risk, because he calculates it carefully, and, most crucially, when he makes a commitment, he does so for the long term. Agent, Alice Fried Martell. (Nov.)
Details
Reviewed on: 10/30/2000
Genre: Nonfiction
Open Ebook - 304 pages - 978-0-470-33756-1