This is Charlie Munger.
“It’s very common to be utterly brilliant and still think you’re way smarter than you actually are.” – Munger
Morgan Housel • Makes You Think
“The iron rule of nature is: You get what you reward for. If you want ants to come, you put sugar on the floor.” — Munger
Charlie Munger’s formula: “There is an old two-part rule that often works wonders in business, science, and elsewhere: (1) Take a simple, basic idea and (2) take it very seriously.”
David Senra on LinkedIn: Charlie Munger’s formula: “There is an old two-part rule that often…
The way to win [in the markets] is to work, work, work, work and hope to have a few insights. How many insights do you need? Well, I'd argue: that you don't need many in a lifetime. If you look at Berkshire Hathaway and all of its accumulated billions, the top ten insights account for most of it.
Charlie Munger • A Lesson On Elementary, Worldly Wisdom As It Relates To Investment Management & Business – Charles Munger, USC Business School, 1994
“I always knew from when I was a little boy that the opportunities that were important that were going to come to me were few and that the trick was to prepare myself for seizing the few that came. This is not the attitude that they have at a big investment council. They think that if they study a million things, they can know a million things.” —
... See moreI’m sure Warren Buffett spends a lot of time reading. But always remember that his wealth was built on the balance of compounding wisdom and relationships. In fact, the two reinforced each other. Go and do likewise.
neckar.substack.com • The Reading Obsession
Charlie munger - Caltech 2008 DuBridge Distinguished Lecture in Beckman Auditorium
youtube.comCharlie Munger: 20 Book Recommendations That will Make you ...
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