Lessons Learned from Buffett & Munger by Sandro Salsano is a compelling guide that distills the timeless investment and life principles of Warren Buffett and Charlie Munger, two of the world’s most revered investors. Drawing on decades of studying their philosophy, Salsano, an accomplished investor and entrepreneur, weaves their wisdom with his own experiences across real estate, technology, and philanthropy. This book is not a mere biography or investment manual; it’s a practical roadmap for building wealth and character, emphasizing that integrity compounds faster than capital.
Structured around 20 core lessons—such as Circle of Competence, Margin of Safety, Mr. Market, and Philanthropy & Purpose—each chapter follows a clear the principle as taught by Buffett and Munger, a vivid anecdote illustrating it, and Salsano’s reflections on applying it in diverse markets and contexts. From avoiding speculative tech ventures to leveraging real estate moats in emerging economies, Salsano shows how these principles adapt across industries while staying rooted in discipline, humility, and patience.
The book also includes real-world case studies, such as Buffett’s investment in See’s Candies and Munger’s conviction in Costco, alongside Salsano’s own ventures, offering actionable insights for investors and entrepreneurs. A practical toolkit—featuring decision journals, pre-mortems, and exit rules—equips readers to navigate uncertainty with clarity. A curated reading list, grounded in Berkshire Hathaway’s shareholder letters and multidisciplinary works, encourages lifelong learning.
Whether you’re a seasoned investor, an aspiring entrepreneur, or someone seeking a principled approach to life, Lessons Learned from Buffett & Munger offers a blueprint for success. Salsano’s global perspective and personal stories make this a unique blend of timeless wisdom and modern application, proving that the greatest returns come from living with purpose and integrity.
Perfect for: Investors, entrepreneurs, and anyone inspired by Buffett and Munger’s philosophy of wealth, wisdom, and character.