Widely-respected investor Charlie Munger on how to avoid falling victim to intense ideology and unclear thinking:
“I have what I call an ‘iron prescription' that helps me keep sane when I drift toward preferring one intense ideology over another. I feel that I'm not entitled to have an opinion unless I can state the arguments against my position... See more
"I enjoy finding new boundaries and pushing them further because I know I can," he says. "I trust my skills, I trust my body, I trust my abilities, and I trust the environment. That's the combination that allows me to break the records."