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Commencement Address, American University in Beirut
Notes on Charlie Munger’s commencement address:
1. What do you want to avoid in life: Sloth and unreliability.
2. Envy, resentment, revenge, and self-pity are disastrous modes of thoughts. It is a ridiculous way to behave. When you avoid it you get a great advantage over everyone... See more
... See moreThe math is simple: if you do what everyone does, you get what everyone gets. If you want different results, you have to diverge.
However, the second you do something different, you become a target. Some people criticize from fear, some from threatened egos, some from genuine concern disguised as caution. But criticism is the easy part.
The hard part