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andrewb1

11 karma · joined September 20, 2015

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andrewb1··on Ask HN: What books have made the biggest impact on your mental models?
Poor Charlie's Almanack. It's a compilation of talks and essays from Charlie Munger, Warren Buffet's business partner. This book has single-handedly changed my invest strategies and mindset. Instead of trying to buy low and sell high, Berkshire Hathaway holds a large cash position, until they find something they consider to be a sure bet, take a large stake and hold. I now have the quote "Be right and hold tight" written at my work table.