Munger's Core Philosophy

What is the core meaning of Charlie Munger's quote: "You don't have to be brilliant, just make fewer mistakes than others"? This quote distills the essence of Charlie Munger's lifelong wisdom on inves...

Charlie Munger on "Luck" and "Opportunity": The Art of Preparation, Patience, and Decisiveness Charlie Munger holds a profound and pragmatic view on the role of "Luck" and "Opportunity" in success.

Here is the translation: Charlie Munger: Liberal Arts Education as the Cornerstone of Building an Exceptional Investor Mindset Charlie Munger believes that a Liberal Arts Education is crucial, even in...

Why Does Charlie Munger Emphasize Reading as a Process of "Compound Interest-like Accumulation"? Charlie Munger compares reading to "compound interest-like accumulation," with the core idea being: The...

Charlie Munger on the Most Common Barriers to Rational Thinking: The Psychology of Human Misjudgment Charlie Munger believes that the human brain is inherently prone to systematic cognitive defects, w...

The reason Charlie Munger places such paramount emphasis on "nonlinear" thinking within his latticework of mental models is his profound recognition that the real world (whether in business, markets, ...

Charlie Munger's critique of "experts" is not a wholesale rejection of specialized knowledge, but he harbors deep skepticism toward those who wield authority in narrow domains and use it to guide deci...

Charlie Munger's Critique and Transcendence of "Ivory Tower" Thinking Charlie Munger holds a sharp and profound critique of "ivory tower" academic thinking.

The Core Mental Model Behind Charlie Munger's Famous Quote: Inversion Charlie Munger’s statement, "All I want to know is where I'm going to die, so I'll never go there," epitomizes one of the most cru...

Charlie Munger on "Wisdom" and How to Acquire It Charlie Munger’s definition of "wisdom" is not abstract philosophical speculation but an intensely practical ability that can be applied in the real wo...