1: Growing up, billionaire  Charlie Munger learned an important lesson from his father.

His dad was a lawyer.  “One of his best friends, Grant McFayden, Omaha’s Pioneer Ford dealer, was a client,”  Charlie writes in Poor Charlie’s Almanack.

“He was a perfectly marvelous man, a self-made Irishman who’d run away uneducated from a farm as a youth because his father beat him,” he notes.  “So he made his own … continue reading