Books Recommended by Berkshire Hathaway’s Charlie Munger

“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time—none, zero. You’d be amazed at how much Warren reads—at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.”
— Charlie Munger

Charlie Munger (Vice-Chairman at Berkshire Hathaway) and Mugerisms Charlie Munger is Warren Buffett’s partner and Vice-Chairman at Berkshire Hathaway, the investment conglomerate. In his capacity, Munger has been a behind-the-scenes co-thinker at Berkshire and has influenced many a decision made by Warren Buffett.

At the 2004 annual meeting of Berkshire Hathaway, Charlie Munger said,

“We read a lot. I don’t know anyone who’s wise who doesn’t read a lot. But that’s not enough: You have to have a temperament to grab ideas and do sensible things. Most people don’t grab the right ideas or don’t know what to do with them.”
— Charlie Munger

Munger was chair of Wesco Financial Corporation from 1984 through 2011. He is also the chair of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation. Unlike Warren Buffett, Charlie Munger has claimed that he is a generalist for whom investment is only one of a broad range of interests that include architecture, philosophy, philanthropy, investing, yacht-design, etc.

Charlie Munger is a voracious reader and engages in books on history, science, biography and psychology. He once said, “In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time—none, zero. You’d be amazed at how much Warren reads—at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.”

At the 2014 annual meeting of The Daily Journal Company that Charlie Munger leds as Chairman, Charlie said,

“I’m very selective. I, sometimes, skim. I, sometimes, read one chapter and I sometimes read the damn thing twice. It’s been my experience in life [that] if you just keep thinking and reading, you don’t have to work.”

Charlie Munger’s Book Recommendations in Biography

Charlie Munger’s Book Recommendations in Biology

Charlie Munger’s Book Recommendations in Business & Investing

Charlie Munger’s Book Recommendations in Management & Leadership

Charlie Munger’s Book Recommendations in Philosphy & Psychology

Charlie Munger’s Book Recommendations in Sociology

PHILIPPINES: The Best Sights, Destinations, and Experiences (ASEAN Travel)

Best Destinations in Philippines

This is a cocktail of a country, potent and heady. The Philippines does not believe in leaving anything out, so its 7,000-plus islands boast Malay, Chinese, Spanish and indigenous influences, not to mention religious traditions rooted in Islam. Catholicism, animism and everything in between. This country crams as much on its plate as it possibly can, so you will need a clear head to take it all in.

Philippines: At a Glance

Experience the Best Attractions of Philippines

  1. Intramuros, Spanish Walled City within Manila A Shot of Culture: Intramuros, the Spanish walled city within Manila, has a history and culture all its own, and is worth spending a day or two exploring. Start at the Intramuros Visitors Centre, located right by the entrance to Fort Santiago, and wander about the lanes lined with lovely casas until you reach San Augustin, Manila’s oldest stone church. You can also tour Intramuros on a kalesa—a horse-drawn carriage, though walking has its own charm.
  2. Surfing in Siargao, Mindanao, Philippines Surf’s Up: If your beach bum-turn-surfer self is calling out to you, head to Siargao, in the northeast of Mindanao. Time seems to stand still here, as you hitch rides on the famous Cloud 9 break and gaze, over chilled beer, upon skies softening into sunsets. In October, crowds descend on the sleepy island for the Siargao Cup surf competition, one of the Philippines’s largest sporting events.
  3. Puerto Princesa Subterranean River, Philippines A Whole New World: The Puerto Princesa Subterranean River is a marvel of limestone stalactites and stalagmites, and can be accessed on a kayak tour. As you drift into the cave, take in the weird formations sculpted out of the rock over the centuries. You will spot a melting candle by one side, or a rampaging dinosaur on the other!
  4. Apo Reef Island, Philippines Fall Off the Grid: Apo Reef is off the tourist map, which means that you will have the secluded Apo Reef Island and its surrounding reef pretty much all to yourself. You will have a great time being one with the fish as you swim, snorkel, and dive to your heart’s content, emerging only for meals of fresh seafood.
  5. Taal Volcano in Talisay, Philippines An Active Getaway: Climb to the top of the overwhelming Taal Volcano in Talisay, where the bubbling green waters of the Taal Lake await. Within the lake sits yet another volcano, steaming away gently. The trip to the top can be tiring but there are horses available for the less active, and the views from up there are well worth the journey.
  6. Makati City, Metro Manila's financial heart, Philippines Retail Therapy: Indulge yourself in Metro Manila’s financial heart, Makati City, and its Greenbelt mall. You will find a range of treats here—the mall has both open-air and enclosed areas, sit-down as well as fast food eateries, and big international brands (think Calvin Klein, Hermes, and the like) along with high-end and Filipino designer boutiques.
  7. Pristine Islands off the coast at El Nido, Philippines Hop About: Head to the pristine islands off the coast at gorgeous El Nido. There are multiple islands to choose from, each of which is prettier than the other. You can spend your days lazing about on white sands, exploring the area on kayaks and snorkeling among the many colorful fish that call these waters home. If you are lucky you may spot a hawksbill turtle or two, and you may come across dolphins, whale sharks, dugongs, and mantra rays.
  8. Banaue's Rice Terraces, UNESCO-listed World Heritage site Be Bucolic: Get a taste of the Filipino countryside and spend some time amid Banaue’s rice terraces. These rice terraces are a UNESCO-listed World Heritage site, gracefully sculpted into the hillside by the Ifugao people of this quiet little farming community.
  9. Rolling green hills in Batanes, Philippines Get High: You could be forgiven for thinking you are in Scotland when you visit Batanes, the country’s northernmost province. Expect rolling green hills, towering fortresses and the like among the ten islands here.
  10. Slow-roasted Suckling Pig, Philippines Life’s a Feast: You will have a great time going on an eating binge in the Philippines, especially if you love meat. Pork, in particular, plays a big role in the cuisine here, and a slow-roasted suckling pig is the best treat to be had. Even if you are not a big pork-eater, Manila is where you should aim to experiment with your eats and get an introduction to the many flavors that make up Filipino food.

Of Nagas and Naginis: Serpent Figures in Hinduism and Buddhism

Vishnu and Ananta-Shesha

Nagas and the feminine Naginis are serpent figures who play a role in the Hindu and Buddhist mythologies. The source of the Nagas may possibly be attributed to the pre-Aryan fertility cults of ancient India.

Nagaraja Mucilinda protects Gautama Buddha as he attains enlightenment In the Hindu mythology, the nagas reside within the earth in an aquatic underworld. They are embodiments of terrestrial waters as well as door-and gate-custodians. In terms of significance, the nagas are creatures of abundant power who defend the underworld and confer fertility and prosperity upon those with which they are individually associated in the worldy realm—a meadow, a shrine, a temple, or even a whole kingdom.

If a naga is suitably worshipped, prosperity can result. If ignored, snubbed, or affronted, the naga can cause debacle and cataclysm.

Nagas in Buddhism

In the Buddhist tradition, when Gautama Buddha attains enlightenment, he is said to have been protected by the hood of hood of Nagaraja Mucilinda, symbolizing the principle that the nagas can place their natural powers in the service of a Buddha.

Krishna conquers Naga Kaliya

Nagas in Hinduism

In the Hindu tradition, Vishnu and his avatar Krishna are both portrayed as vanquishers of serpents, indicating their power over the realm of waters. In the middle of the dissolution of one epoch and the beginning of another epoch, Vishnu sleeps on what is left of the old world, a remainder of the cosmic sacrifice represented by the serpent Ananta-Shesha. Krishna conquers the poisonous Naga Kaliya living in the Yamuna river. And Shiva is portrayed adorned with the “Nagendra Haara,” the garland of a serpent. A naga also covers the linga—the iconic representation of Shiva.

Naga Panchami

The Hindu festival Naga Panchami centers around the traditional worship of snakes or serpents throughout India and also in Nepal.