“Quickly eliminate the big universe of what not to do; follow up with a fluent, multidisciplinary attack on what remains; then act decisively when, and only when, the right circumstances appear.”

Buffett prescribed a three-step remedy. First, he said, write down your top twenty-five goals for the rest of your life. Second, look at the list and circle your top five goals, those that are unquestionably your highest priority. That will give you two lists—one with your top five goals, the other with the next twenty. Third, immediately start pla

Munger’s Worldly Wisdom (www.fourhourbody.com/munger) This transcribed