Money and Finance
I was recently reminded of this story, as told by Peter Bevelin in one of my interviews with him (HERE):
- Links
Horizon Kinetics - Under the Hood: What’s in Your Index? (LINK) The ETF Flash Crash (LINK) Stock Halts Added to Monday’s Market Chaos [H/T Matt] (LINK) Many Psychology Findings Not as Strong as Claimed, Study Says (LINK) Related link [mentioned by...
- Links
William Deresiewicz: How To Learn How To Think (LINK) [A great find/post/excerpt from Shane. It also reminds me of a recent comment Charlie Munger made about how he thinks the younger generations' lack of focus is doing them a great disservice. And...
- Links
Scott Adams: Try This Trick to Improve Focus (LINK) A rare interview with Frank Martin, via the always excellent work of The Manual of Ideas (LINK) Related link: Frank Martin's 2014 Annual LetterThe Brooklyn Investor comments on the Berkshire...
- A Few Lessons For Investors And Managers
I had a chance to start reading some of Peter Bevelin’s new book, A Few Lessons for Investors and Managers, last night. Peter has done an excellent job combining Warren Buffett’s words over the years into a simple, easy-to-read structure, and then...
- Interview With Peter Bevelin, Author Of Seeking Wisdom - From Darwin To Munger
Being such a big fan of Peter Bevelin's book, Seeking Wisdom - from Darwin to Munger, and the Charlie Munger approach to learning, I felt quite lucky when Mr. Bevelin agreed to answer a few questions. If you haven't yet read his book or Poor Charlie's...
Money and Finance
If it's not simple, then I'm not interested...
I was recently reminded of this story, as told by Peter Bevelin in one of my interviews with him (HERE):
As Munger says: “All I want to know is where I’m going to die so I’ll never go there.” When I hear them at the annual meeting, I am thinking about Einstein’s reply to a student. The student had challenged Einstein’s statement that the laws of physics should be simple by asking: “What if they aren’t simple?” Einstein replied, “Then I would not be interested in them.”
They have a unique ability to distinguish masses of trivia from what is really important – to filter out situations, and find what’s at their core.
The “All I want to know is where I’m going to die so I’ll never go there” was also quoted in the book 100 to 1 in the stock market (see THIS post), and it also reminds me of Taleb's Fourth Quadrant.
- Links
Horizon Kinetics - Under the Hood: What’s in Your Index? (LINK) The ETF Flash Crash (LINK) Stock Halts Added to Monday’s Market Chaos [H/T Matt] (LINK) Many Psychology Findings Not as Strong as Claimed, Study Says (LINK) Related link [mentioned by...
- Links
William Deresiewicz: How To Learn How To Think (LINK) [A great find/post/excerpt from Shane. It also reminds me of a recent comment Charlie Munger made about how he thinks the younger generations' lack of focus is doing them a great disservice. And...
- Links
Scott Adams: Try This Trick to Improve Focus (LINK) A rare interview with Frank Martin, via the always excellent work of The Manual of Ideas (LINK) Related link: Frank Martin's 2014 Annual LetterThe Brooklyn Investor comments on the Berkshire...
- A Few Lessons For Investors And Managers
I had a chance to start reading some of Peter Bevelin’s new book, A Few Lessons for Investors and Managers, last night. Peter has done an excellent job combining Warren Buffett’s words over the years into a simple, easy-to-read structure, and then...
- Interview With Peter Bevelin, Author Of Seeking Wisdom - From Darwin To Munger
Being such a big fan of Peter Bevelin's book, Seeking Wisdom - from Darwin to Munger, and the Charlie Munger approach to learning, I felt quite lucky when Mr. Bevelin agreed to answer a few questions. If you haven't yet read his book or Poor Charlie's...