Book · How to decide
Poor Charlie's Almanack
Charlie Munger, edited by Peter Kaufman · 2005
Collected talks and writing from Berkshire Hathaway's vice-chairman, organised around the argument that good decisions require models borrowed from many disciplines.
Why it is here
Munger's recurring theme is that people trained in one discipline apply its single framework to everything, and that better judgement comes from holding a lattice of models drawn from psychology, mathematics, biology and engineering.
The most transferable section for an angel is the catalogue of psychological misjudgement — a practitioner's list of the ways people fool themselves, written with considerably less academic hedging than Kahneman and correspondingly more bite.
It is a strange physical object, expensive, and organised as a collection rather than an argument. Read it in pieces rather than attempting it end to end.
Read it if
You want the practitioner's version of the behavioural material rather than the academic one.
Skip it if
You want a linear argument, or you are put off by the reverential framing around its subject.