Search Results for: munger

The Revised Psychology of Human Misjudgment, by Charlie Munger

March 02, 2020

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” to bring it in line with his most current views on the subject. Charlie’s […]

Charlie Munger on Getting Rich, Wisdom, Focus, Fake Knowledge and More

February 20, 2017

“In the chronicles of American financial history,” writes David Clark in The Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice Chairman on Life, Business, and the Pursuit of Wealth, “Charlie Munger will be seen as the proverbial enigma wrapped in a paradox—he is both a mystery and a contradiction at the same […]

Stop Crashing Planes: Charlie Munger’s Six-Element System

April 26, 2016

Before we get to Charlie Munger, let’s chat for a minute. We’ve been noticing a problem lately that you might be familiar with or experiencing yourself: The search for wisdom not actually translating into consistently applied wisdom. You read a book, love it, put it down. You read a set of articles, love them, put […]

The Munger Operating System: How to Live a Life That Really Works

April 13, 2016

In 2007, Charlie Munger gave the commencement address at USC Law School, opening his speech by saying, “Well, no doubt many of you are wondering why the speaker is so old. Well, the answer is obvious: He hasn’t died yet.” Fortunately for us, Munger has kept on ticking. The commencement speech is an excellent response to the Big Question: How do we […]

Shane Parrish on Mental Models, Decision Making, Charlie Munger, Farnam Street, And More

February 17, 2016

An interview I gave that I think you’ll enjoy as I talk about reading, mental models, investing, learning and more. *** Shane Parrish is the curator for the popular Farnam Street Blog, an intellectual hub of curated interestingness that covers topics like human misjudgment, decision making, strategy, and philosophy. Shane is a strategist for both individuals […]

Charlie Munger on the Medical System

February 10, 2016

Long a fount of wisdom, Charlie Munger provided us fascinating insight on everything from energy policy and mental models to how good gamblers think and making effective decisions. At the Daily Journal Meeting (held March 25th, 2015), Munger answered a question on Obamacare: Of course the system of medical care, as evolved under the United […]