Getting ahead through discipline, knowledge, and self-control.
“Spend
each day trying to be a little wiser than you were when you woke up.
Discharge your duties faithfully and well. Systematically you get ahead,
but not necessarily in fast spurts. Nevertheless, you build discipline
by preparing for fast spurts. Slug it out one inch at a time, day by
day. At the end of the day – if you live long enough – most people get
what they deserve.” — Charlie Munger
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
“Just because you like it does not mean that the world will necessarily give it to you.”
“I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge.”
***
Charlie Munger is one of the great minds of the 20th century. Below is an attempt to capture that wisdom in one shareable place. Speeches
- A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business
- Turning $2 Million Into $2 Trillion
- Academic Economics — Strengths and Weaknesses, after Considering Interdisciplinary Needs
- Charlie Munger: The Psychology of Human Misjudgment
Wisdom
- The Munger Operating System: How to Life a Life that Really Works
- The Tension Created by Stretch Goals
- Adding Mental Models to Your Mind’s Toolbox
- Charlie Munger on the Value of Thinking Backward and Forward
- Three Underrated Reasons for Berkshire Hathaway’s Enormous Success
- Working Together: Why Great Partnerships Succeed
- Circle of Competence
- Temperament is more important than IQ
- Inversion and The Power of Avoiding Stupidity
- Charlie Munger on why Energy Independence is a Terribly Stupid Idea
- The Work Required To Have An Opinion
- A Two-step Process for Making Effective Decisions
- Worldly-Wisdom from Charlie Munger
- How Good Gamblers Think
- Charlie Munger on Mental Models
- Charlie Munger: “If I were teaching business school …”
- Bad Morals Drive Out the Good
- The Human Mind has a Shut-Off Device
- Getting The Best Odds
- Become a Learning Machine
- How Raising Prices Can Increase Sales
- Charlie Munger: Why Bureaucracy is not Shareholder Friendly
- The Present Mess
Videos
Articles
Books
- Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition
- Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
Book Recommendations
- 20 Book Recommendations from Billionaire Charlie Munger That will Make you Smarter
- 19 More Book Recommendations from Billionaire Charlie Munger
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
“Just because you like it does not mean that the world will necessarily give it to you.”
“I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge.”
