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Peter D. Kaufman

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Peter D. Kaufman is a businessman and investor focused on decision-making and wisdom, best known for editing the compilation of Charlie Munger's wit and business insights.

Well, the first rule is that you can’t really know anything if you just remember isolated facts and try and bang ’em back. If the facts don’t hang together on a latticework of theory, you don’t have them in a usable form. You’ve got to have models in your head.

from Poor Charlie’s Almanack
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Cover of Poor Charlie’s Almanack
Poor Charlie’s Almanack
April 2025 · 11 highlights