Money and Finance
Lao-Tsu quote
From Peter Bevelin’s Seeking Wisdom: From Darwin to Munger:
"He who knows men is clever; He who knows himself has insight; He who conquers men has force; He who conquers himself is truly strong." -Lao-Tsu (Chinese philosopher, 604-531 BC)
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The Tendency To Stop Considering Other Possible Explanations After Reaching A Diagnosis...
The quote below is from Peter Bevelin in his book Seeking Wisdom: From Darwin to Munger. It was in reference to a medical study, but I think it also applies well to investing. The single most common cause of cognitive-based errors was the...
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Learning From Sherlock Holmes – By Jana Vembunarayanan
Found via The Big Picture. Recently I read the book A Few Lessons from Sherlock Holmes. If you want to improve your thinking then you should read this book. In this book the author has distilled Arthur Conan Doyle’s Sherlock Holmes into bite-sized principles...
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Video Summaries Of Peter Bevelin's "seeking Wisdom - From Darwin To Munger"
Links to videos: MainTakeAway: Seeking Wisdom pt. 1 By Peter Bevelin MainTakeAway: Seeking Wisdom pt. 2 By Peter Bevelin MainTakeAway: Seeking Wisdom pt. 3 By Peter Bevelin ……………. Related previous post: 2007 and 2009 Interviews with Peter Bevelin...
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Is Thinking Back In Fashion? – By Lane Wallace
Thinking may be coming back into fashion. Never mind the fact that we have a President known for his intellectually rigorous abilities and habits. But three times in the past couple of weeks, I've encountered business people discussing Aristotle....
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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