Sublime

I’d create a course that I’d call Remedial Worldly Wisdom that would, among other useful things, include a fair amount of properly taught psychology. And it might last three weeks or a month. I think you could create a course that was so interesting, with pithy examples and powerful examples and powerful principles, that it would be a total circus.

Charlie Munger,

Charlie Munger describes as worldly-wise someone who has a broad set of these tools and knows how to apply them. But this dynamic can only start if we ourselves deliberately decide to take on the task of reading and being selective about it, relying on nothing other than our own judgement of what is important and what is not.

At dinner one night, Charlie Munger elaborated on the same idea my real estate investor friend had put forth. He said, “When you play games where other people have the aptitude and you don’t, you’re going to lose. You have to figure out where you have an edge and stick to it.”