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Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger

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In a vow that students the world over may hope he renounces, Charlie delivered “the one and only graduation speech I will ever make” in 1986 at the Harvard School in Los Angeles. The occasion was the graduation of Philip Munger, the last of five Munger family sons to matriculate at this prep school (originally an all-boys institution and now the coeducational school called Harvard-Westlake). Despite Charlie’s self-effacing protestations about lacking “significant public speaking experience,” he demonstrates imposing rhetorical talents in this short speech. We also get a good taste of both Charlie’s value system and his wit. Most graduation speakers choose to lay out a prescription for attaining a happy life. Charlie, using the inversion principle he recommends in the speech, compellingly makes the opposite case by setting forth what a graduate may do to reach a state of misery. For those of you who want to remain unenlightened and mirthless, do not, under any circumstances, read this s

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