Money and Finance
I'm going to play a minor trick on you today - because the subject of my talk is the art of stock picking as a subdivision of the art of worldly wisdom. That enables me to start talking about worldly wisdom - a much broader topic that interests me because I think all too little of it is delivered by modern educational systems, at least in an effective way.
- Links
A Dozen Things Learned from Charlie Munger about Making Rational Decisions (LINK) A Dozen Things Learned from Charlie Munger about Mental Models and Worldly Wisdom (LINK) Related book: Charlie Munger: The Complete InvestorJason Zweig: 5 Things...
- Charlie Munger Quote
Via Poor Charlie’s Almanack: “Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group...then to hell with them." ...
- Baltasar Gracián Quote
“We have little to live and much to know, and you cannot live if you do not know.” -Baltasar Gracián, The Art of Worldly Wisdom ...
- Baltasar Gracián Quote
“Knowledge and courage take turns at greatness. Because they are immortal, they can make you so. You are as much as you know, and if you are wise you can do anything. The uninformed person is a dark world unto himself. Judgment and strength: eyes and...
- Charlie And Checklists
"Checklist routines avoid a lot of errors. You should have all this elementary [worldly] wisdom and then you should go through a mental checklist in order to use it. There is no other procedure in the world that will work as well." -- Charlie Munger -...
Money and Finance
Charlie Munger 1994 Speech: “A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business”
I'm going to play a minor trick on you today - because the subject of my talk is the art of stock picking as a subdivision of the art of worldly wisdom. That enables me to start talking about worldly wisdom - a much broader topic that interests me because I think all too little of it is delivered by modern educational systems, at least in an effective way.
- Links
A Dozen Things Learned from Charlie Munger about Making Rational Decisions (LINK) A Dozen Things Learned from Charlie Munger about Mental Models and Worldly Wisdom (LINK) Related book: Charlie Munger: The Complete InvestorJason Zweig: 5 Things...
- Charlie Munger Quote
Via Poor Charlie’s Almanack: “Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group...then to hell with them." ...
- Baltasar Gracián Quote
“We have little to live and much to know, and you cannot live if you do not know.” -Baltasar Gracián, The Art of Worldly Wisdom ...
- Baltasar Gracián Quote
“Knowledge and courage take turns at greatness. Because they are immortal, they can make you so. You are as much as you know, and if you are wise you can do anything. The uninformed person is a dark world unto himself. Judgment and strength: eyes and...
- Charlie And Checklists
"Checklist routines avoid a lot of errors. You should have all this elementary [worldly] wisdom and then you should go through a mental checklist in order to use it. There is no other procedure in the world that will work as well." -- Charlie Munger -...