• RRP: £23.99
  • You Save: £4.69 (20%)
FREE Delivery in the UK.
In stock.
Dispatched from and sold by Amazon. Gift-wrap available.
Damn Right: Behind the Sc... has been added to your Basket

Dispatch to:
To see addresses, please
Or
Please enter a valid UK postcode.
Or
+ £2.80 UK delivery
Used: Like New | Details
Sold by Wordery
Condition: Used: Like New
Comment: Receive this fine as new book in 4-5 working days. Shipped from our UK supplier, via Royal Mail. We do not ship to Denmark.
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 3 images

Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger Paperback – 9 May 2003

3.7 out of 5 stars 10 customer reviews

See all 4 formats and editions Hide other formats and editions
Amazon Price
New from Used from
Kindle Edition
"Please retry"
Paperback
"Please retry"
£19.30
£11.50 £11.57
Note: This item is eligible for click and collect. Details
Pick up your parcel at a time and place that suits you.
  • Choose from over 13,000 locations across the UK
  • Prime members get unlimited deliveries at no additional cost
How to order to an Amazon Pickup Location?
  1. Find your preferred location and add it to your address book
  2. Dispatch to this address when you check out
Learn more
£19.30 FREE Delivery in the UK. In stock. Dispatched from and sold by Amazon. Gift-wrap available.
click to open popover

Special offers and product promotions


Frequently bought together

  • Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
  • +
  • Charlie Munger: The Complete Investor (Columbia Business School Publishing)
Total price: £32.27
Buy the selected items together

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone

To get the free app, enter your mobile phone number.



Product details

  • Paperback: 308 pages
  • Publisher: Wiley; New Ed edition (9 May 2003)
  • Language: English
  • ISBN-10: 0471446912
  • ISBN-13: 978-0471446910
  • Product Dimensions: 14.2 x 2 x 22.4 cm
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (10 customer reviews)
  • Amazon Bestsellers Rank: 184,841 in Books (See Top 100 in Books)
  • If you are a seller for this product, would you like to suggest updates through seller support?

  • See Complete Table of Contents

Product description

Review

She′s Bullish on the Lifestyles of the Rich and Famous

Money talks – in an astonishing number of languages. Janet Lowe′ s books on business and finance have been translated into 17 tongues, including Thai, Hebrew, Slovenian and three different kinds of Chinese.

President of the San Diego Press Club, former financial editor of the San Diego Tribune and the author of 16 books, Lowe′ s writing focuses on the leaders of specific industries. Her latest work, "Damn Right! Behind the Scenes With Berkshire Hathaway Billionaire Charlie Munger," gives further evidence of Lowe′ s expertise on money–related success.

The very rich, she observes, seem to have one particular thing in common.

"The people that I have written about all earned their own wealth. They are not inheritors. They did not fall by it accidentally," she said. "It came about as the result of having a particular talent that they recognized very early in their lives, and they concentrated on it."

She says that Warren Buffett was fascinated by investing even as a child, that Oprah Winfrey began working in radio and television while still in high school, that Ted Turner, although a "wild child," was always someone who saw big ideas and took big risks.

Lowe challenges the stereotype of the wealthy as dishonest and ruthless. Money talks – but it talks straight.

"People usually do not rise to this level unless they′ re very smart, good communicators, and ethical," she explained. "You may not agree with the philosophy of a Warren Buffett or a Jack Welch (the head of General Electric) and with what they do or how they feel, but they are honest and true to themselves and they follow an ethical course. They′ll tell you that if you′ re not a straight shooter and an honest dealer, people will see that and not work with you."

The San Diego Union–Tribune Online (By Sarah Sabalos LaSpaluto, October 29, 2000

"Janet Lowe′s extensive access to Charlie Munger, his family, friends and business partners has ensured a perceptive look at the man and his business methods." (Lloyd′s List, 9th December 2000)

"This is a well–written, fascinating, cautionary tale which examines the seductive nature of power, and people′s willingness to believe in these latter–day icons." (International Wealth Management, October 2000)

"Janet Lowe′s extensive access to Charlie Munger, his family, friends and business partners has ensured a perceptive look at the man and his business methods." (Lloyd′s List, 9th December 2000) --This text refers to the Hardcover edition.

From the Author

Question: If superinvestor Warren Buffett and Charlie Munger really are partners, why do we hear so much about Buffett and so little about Munger?

Answer: Buffett of course is the chairman of the company, and as such is the company's spokesman and public symbol. But it's also a matter of style. Buffett is a natural showman and handles publicity well. Munger prefers to have a quieter life and work behind the scenes.

Q: Some people say that Munger actually is the power behind the Buffett throne. Is this true?

A: Munger and Buffett are two very smart men. They both were doing well financially before they met. When they joined forces, they both did much, much better. Munger often says that "lollapalooza" results are obtained when you put two or more big ideas (or big thinkers) together.

Q: What did Munger bring to the party that Buffett needed?

A: As an experienced corporate lawyer, he brought a deep understanding of the best ways to create wealth, making the most of the legal system and taking best advantage of tax laws. But Munger also was a real estate developer and had operated several industrial companies, and he knew the nuts and bolts of business. Munger hadn't studied under Benjamin Graham at Columbia University as Buffett had done. His ideas were based on experience and they drew Buffett beyond the traditions of value investing.

Q: Did Charlie Munger become a billionaire because of Warren Buffett?

A: Munger was a millionaire when he met Buffett, so he was well on his way. But there is no doubt, by working with Buffett, his financial fortunes were improved.

Q: What can the everyday investor learn from Charlie Munger?

A: Many things of course, but basically, how to structure your personal and financial life in a way that builds wealth. He lived below his means, reinvested profits, and like a poker player, folded early on bad hands but bet big on good hands.

Q: Munger and Buffett are of an older generation and they won't even buy tech stocks. Do they have anything relevant to say to today's investors?

A: Microsoft founder Bill Gates listens to them, venture capitalist Roger McNamee listens to them, as do many other high tech players. While the Berkshire Hathaway portfolio was structured on the expertise of an earlier time, the principles Buffett and Munger use are sound in any type of market or when investing in any market sector.

Q: Buffett and Munger are value investors, but that style of investing hasn't done so well recently. Is it a dead theory?

A: Buffett always warned investors that markets could be cyclical and that he would have down years. People stopped believing him when decade after decade, his performance soared. Then in the late 1990s when his prophecy came true, people had a difficult time believing that Berkshire Hathaway would recover. When the Internet frenzy cooled, value investing began to regain its luster, proving that the theory survives.

Q: Did Munger and Buffett agree to be interviewed for this book, and if so, what were the interviews like?

A: Munger and Buffett both agreed to be interviewed. Because I had interviewed Buffett before, I knew what to expect. He has a talent for being quotable. The interviews with Charlie were fascinating, but went slowly. This is because he has so much to say on so many subjects that it was difficult to stay on the point and get the specific answer I was aiming for. One thing is for sure, the interviews were never dull.

Q: What was the most difficult part of writing this book?

A: So little had been written about Munger, the research was time-consuming and daunting. Once the research was completed, a massive amount of material had to be organized, facts checked, etc. This was a labor-intensive book.

Q: What was the most fun thing about writing Damn Right?

A: The interviews were enormously fun to do. Munger is surrounded by interesting and entertaining people.

Q: Why did you choose this title for the biography?

A: At one point I asked Munger a question, and he enthusiastically declared, "Damn Right!" He holds strong beliefs, and wants very much to do the right thing, so the words, I believe, describe Munger himself.

Q: What will Charlie Munger's legacy be?

A: Munger said that he wanted to be wealthy so that he could have a large family, but also so that he could be independent, follow his own ideas and live life the way he chooses. He hopes to follow the example of Benjamin Franklin - to use his wealth and independence to do good works. His legacy will be that of a self-made billionaire who also is a dedicated family man, a faithful friend and a good citizen. He may also be remembered for his passion for fishing. --This text refers to the Hardcover edition.

See all Product description


Customer reviews

Top customer reviews

on 3 January 2013
Format: Paperback|Verified Purchase
0Comment| 4 people found this helpful. Was this review helpful to you?YesNoReport abuse
on 4 July 2013
Format: Kindle Edition|Verified Purchase
0Comment| 2 people found this helpful. Was this review helpful to you?YesNoReport abuse
on 7 July 2017
Format: Paperback|Verified Purchase
0Comment|Was this review helpful to you?YesNoReport abuse
on 3 May 2009
Format: Paperback|Verified Purchase
0Comment| 8 people found this helpful. Was this review helpful to you?YesNoReport abuse
on 15 July 2016
Format: Paperback|Verified Purchase
0Comment|Was this review helpful to you?YesNoReport abuse
on 4 November 2010
Format: Paperback
0Comment| 6 people found this helpful. Was this review helpful to you?YesNoReport abuse
on 18 February 2014
Format: Paperback|Verified Purchase
0Comment|Was this review helpful to you?YesNoReport abuse
on 13 September 2015
Format: Paperback|Verified Purchase
0Comment|Was this review helpful to you?YesNoReport abuse

Would you like to see more reviews about this item?