20 brilliant lessons from Charlie Munger that you don't wanna miss.
-Thread-
1. "To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of undeserving people."
- Charlie Munger
2. "The best thing a human being can do is to help another human being know more."
- Charlie Munger
3. "Always take the high road, it’s far less crowded."
- Charlie Munger
4. "Take a simple idea and take it seriously."
- Charlie Munger
5. "Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris – I wanted independence. I desperately wanted it."
- Charlie Munger
6. "Not everybody can learn everything. No matter how hard you try, there is always some guy or girl who achieves more. My attitude is, so what? Does any of us need to be at the very top of the whole world? It’s ridiculous."
-Charlie Munger
7. "People calculate too much and think too little."
- Charlie Munger
8. "You don’t have to have the kind of ability that quantum mechanics requires. You just have to know a few simple things and really know them."
- Charlie Munger
9. "Those who keep learning, will keep rising in life."
- Charlie Munger
10. "Acknowledging what you don’t know is the dawning of wisdom."
- Charlie Munger
11. "Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you’ve won."
- Charlie Munger
12. "Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day -if you live long enough- like most people, you will get out of life what you deserve.”
-Charlie Munger
13. "I paid no attention to the territorial boundaries of academic disciplines and I just grabbed all the big ideas that I could."
- Charlie Munger
14. "We recognized early on that very smart people do very dumb things, and we wanted to know why and who, so that we could avoid them."
- Charlie Munger
15. "Don’t drift into self-pity because it doesn’t solve any problems. Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thoughts."
- Charlie Munger
16. "This habit of committing far more time to learning and thinking than to doing is no accident."
- Charlie Munger
17. "I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge."
- Charlie Munger
18. "I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart."
- Charlie Munger
19. "There is no better teacher than history in determining the future… There are answers worth billions of dollars in 30$ history book."
- Charlie Munger
20. "There is no way you can live an adequate life without making many mistakes."
- Charlie Munger
Learn more and connect the dots.
You can start with the classic books of each science.
If you are interested in saving time and money, you can start with 100 Mental Models.
Where the most important ideas of each science are synthesized
The world is complex and interconnected, and we need to understand the big ideas from big disciplines, in order to have a whole map of reality to be able to make better decisions.
Critical thinking has to be based on going from the fundamental ideas to the mental models.
Mental models are the most important ideas of each science: philosophy, mathematics, physics, statistics, engineering, chemistry, biology, psychology, economics, and history.
You need to know and connect them.
It is the way of thinking of the greatest in history.