Money and Finance
From Charlie Munger: The Complete Investor (which according to Amazon, is now being shipped for end-of-week deliveries):
- 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...
- 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...
- 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...
- Charlie Munger And Learning
From Charlie Munger: The Complete Investor: It is clear that Munger loves to learn. He actually has fun when he is learning, and that makes the worldly wisdom investing process enjoyable for him. This is important because many people do not find...
- Buffett's Best Man
IN CONTRAST TO THE showman-like Buffett, Munger shuns the spotlight. But he draws a smaller, more fanatical cult that seeks inspiration from his intellectual omnivorousness. "There are few people who consider acquiring knowledge their life's study...
Money and Finance
Tren Griffin on mental models and investing...
From Charlie Munger: The Complete Investor (which according to Amazon, is now being shipped for end-of-week deliveries):
No one can know everything, but you can work to understand the big important models in each discipline at a basic level so they can collectively add value in a decision-making process. Simply put, Munger believes that people who think very broadly and understand many different models from many different disciplines make better decisions and are therefore better investors.
- 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...
- 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...
- 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...
- Charlie Munger And Learning
From Charlie Munger: The Complete Investor: It is clear that Munger loves to learn. He actually has fun when he is learning, and that makes the worldly wisdom investing process enjoyable for him. This is important because many people do not find...
- Buffett's Best Man
IN CONTRAST TO THE showman-like Buffett, Munger shuns the spotlight. But he draws a smaller, more fanatical cult that seeks inspiration from his intellectual omnivorousness. "There are few people who consider acquiring knowledge their life's study...