Money and Finance
Observing what works and what doesn't and why...
From Tren Griffin in his book Charlie Munger: The Complete Investor, which it appears will now be released at the end of this week instead of next month. So if you haven't ordered your copy yet, you can order it HERE and may even get it by the end of the week. I plan on doing a fuller review once I finish my review copy; but as a prelude, I highly recommend it.
Much of what is interesting about Munger is explained by this simple sentence: "I observe what works and what doesn't and why." Life happens to Munger as it does to everyone, but unlike many people he thinks deeply about why things happen and works hard to learn from the experience.
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For those interested, this course from The Great Courses has been recommended to me by a wise man, and it seems like a good Charlie Munger/worldly wisdom type of course (the video download version is currently on sale for $109.95): The Origin and Evolution...
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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...
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Learning From Mistakes...
From Tren Griffin in his book Charlie Munger: The Complete Investor: Buffett has said that if you cannot explain why you failed after you have made a mistake, the business was too complex for you. In other words, Munger and Buffett like to understand...
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A Dozen Things Learned from Sam Zell about Investing and Business (LINK) [I've also recently begun to read a review copy of Tren Griffin's book on Charlie Munger, which will be released next month. It is fantastic. As always, you can pre-order...
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Book Review: Tren Griffin's "charlie Munger - The Complete Investor"
A key question I had going into reading Tren Griffin's new book "Charlie Munger - The Complete Investor" was - what would the work add to the previous books on Munger? I am happy to report that the book is an excellent addition to the family of Munger...
Money and Finance