5 Simple Notions that Help Solve Problems

In 1996, Charlie Munger gave a talk titled Practical Thought about Practical Thought, where he explained the success of Coca-Cola using the simplest, most fundamental academic models he could find. Ideas from the physical world, from biology, and from psychology and business. Munger starts the speech by outlining five simple notions that help him quickly … Continue reading 5 Simple Notions that Help Solve Problems