[4] Net proceeds from sales of the book go to the Munger Research Center at the Huntington Library in San Marino, California.

The pictures serve to make the idea vivid by increasing their retentiveness and add a bit of geeky humor to the book.

[7] These biases often occur at either conscious or subconscious level, and at both microeconomic and macroeconomic scales.

Munger explains why people are so psychologically flawed, leading to mistakes in decision making.

That changed when Peter Kaufman compiled Munger's writing and speeches in a new book, Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger "[10] In August 2006, The Motley Fool wrote: "With 512 pages, there is something for everyone, and Poor Charlie's Almanack is an impressive and thorough tribute to one of the brightest, most pragmatic, and iconoclastic investment minds ever.