Elon Musk
Charlie Munger

Elon Musk and SpaceX

What’s most interesting about Musk is not what he thinks but how he thinks:-SpaceX Perhaps no one embodies first-principles thinking more than Elon Musk. He is one of the most audacious entrepreneurs the world has ever seen.  I think people’s thinking process is too bound by convention or analogy to prior experiences. It’s rare that […]

Global Investment
Charlie Munger

What Li Lu learned from Charlie Munger

What Li Lu learned from Charlie Munger “When Charlie thinks, he always Starts by inverting. To understand how to be happy in life, Charlie will study how to make life miserable. To examine how businesses become big, strong and successful, Charlie first studies who businesses decline and fall. When most people care only about how […]

Importance Of Simplicity
Charlie Munger

Importance Of Simplicity By Charlie Munger

Charlie Munger has a section on the importance of simplicity. Bevelin advised: “Turn complicated problems into simple ones. Break down a problem into its components, but look at the problem holistically.” Keeping things as simple as possible, but no more so, is a constant theme in munger’s public statements. In  a joint letter to shareholders, […]

ACQUIRING WISDOM
Charlie Munger

Charlie Munger

To get what you want, deserve what you want. Trust, success, and admiration are earned.-Charlie Munger It’s such a simple idea. It’s the golden rule so to speak: You want to deliver to the world what you would buy if you were on the other end. There is no ethos, in my opinion, that is better for […]

charlie-munger
Charlie Munger

Charlie Munger

“I read scientific biography as a permanent, lifelong habit. That has given me insight into how the scientific achievements have occurred. The most interesting man to me is Einstein. Einstein came very close to dying in total obscurity. If it had not been for his friends, his pals with whom he discussed physics he never would have gotten […]

Connecting the Dots
Charlie Munger

Connecting the Dots

One of the first real creative challenges we face as children is the Connect the Dots exercise. This is the first time we are forced to integrate a number of concepts at the same time – visual, numerical and conceptual. We are required to follow a numerical sequence, draw straight lines with a degree of […]

Charlie Munger
Charlie Munger

Charlie Munger

Charlie Munger believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart.” Charlie Munger’s breadth of knowledge is something that is naturally part of his character but also something that he intentionally cultivates. […]

valueandprices
Charlie Munger

Charlie Munger

“Invert, always invert: Turn a situation or problem upside down. Look at it backward. What happens if all our plans go wrong? Where don’t we want to go, and how do you get there? Instead of looking for success, make a list of how to fail instead — through sloth, envy, resentment, self-pity, entitlement, all the mental […]

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