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Charlie Munger once said: "There are answers worth billions of dollars in 30$ history book." Let's discuss 7 history books that everyone should know:
1. Henry Ford - My Life and Work Lessons: - Innovation is crucial - Focus on employee welfare - Be a visionary leader
2. The First Tycoon - The Epic Life of Cornelius Vanderbilt Lessons: - Use aggressive business tactics - Have relentless ambition - Focus on leaving a lasting legacy
3. The Autobiography of Andrew Carnegie Lessons: - Determination, hard work and entrepreneurship are key - Take your responsibility. Do philanthropy - Expand via vertical integration
4. Titan - The Life of John D. Rockefeller Lessons: - Monopolistic companies are usually great - Focus on education, public health and scientific research - Strategy is by far the most important thing
5. The House of Morgan - An American Banking Dynasty Lessons: - JP Morgan shaped the entire US banking industry - During periods of crises, great leaders take their responsibility - "The House of Morgan" also examines the international reach of the Morgan banking network
6. Guns, Germs, and Steel Lessons: - Geography shapes civilizations' fate. - Technology disparity affects societal development. - Challenge Eurocentric views; consider environmental factors.
7. The Art Of War Lessons: - Strategy adapts to circumstances. - Know your enemy and yourself. - Deception can be powerful.
Did you like this? In that case you'll definitely like this free summary I made from reading ALL public writings of Charlie Munger: <a target="_blank" href="https://compounding-quality.ck.page/ad38b453ce" color="blue">compounding-quality.ck.page/ad38b453ce</a>