Sublime
An inspiration engine for ideas
He is both well liked and very intelligent. He is also very rich. I consider his annual “Chairman’s Letter” (in the Berkshire annual report) to be indispensable reading for anyone wanting to do well in business.
Rabbi Daniel Lapin • Thou Shall Prosper: Ten Commandments for Making Money
The Psychology of Human Misjudgment is considered the magnum opus on why we behave the way we do.
In the run-up to publishing Poor Charlies Almanack, Charlie Munger remarked that “The Psychology of Human Misjudgment” could use “a little revising.”
Charlie’s “little” revision would amount to... See more
Shane Parrishx.comCharlie Munger says the first rule of compounding is to never interrupt it unnecessarily.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
“We try more to profit from always remembering the obvious than from grasping the esoteric. It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” –Charlie Munger
Timothy Ferriss • Tribe of Mentors: Short Life Advice from the Best in the World
Knowing that a necessary companion to proper valuation is proper timing,
Charles T. Munger • Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
Have maximum financial flexibility to face both hazards and opportunities.”
— Charlie Munger
— Charlie Munger
Charlie Munger on Singapore and why he thinks Lee Kuan Yew is history’s greatest nation builder (he kept a bust of LKY in his home):
“He had the best record as a nation-builder if you were willing to count small nations in that group…He took over a malarial swamp with no army, no nothing. And pretty soon he turned that... See more
Trung Phanx.com
