This is Charlie Munger.
“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
Peter Kaufman: How many people do you know that are constant at what they do? I know a couple. Warren Buffett and Charlie Munger. Everybody wants to be rich like Warren Buffett, Charlie Munger. I’m telling you how they got rich. They were constant. They were not intermittent.
Thomas Waschenfelder • The Most Powerful Force You Can Harness: Slow, Incremental, Constant Progress - Ideas of wealth cre — Wealest
“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 moreBerkshire Hathaway: The Incomparable Compounder - [Business Breakdowns, EP. 63]
open.spotify.comWidely-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 bet... See more
“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 bet... See more
James Clear • 3-2-1: On taking action, tips for writers, and good relationships
Charlie Munger: 20 Book Recommendations That will Make you ...
fs.blog
Five Simple Notions that Solve Problems
fs.blog
Well, so much for Carson’s three prescriptions. Here are four more prescriptions from Munger:
Charlie Munger • “How to Guarantee a Life of Misery”
I’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.