Finance and Investment

Charlie Munger's "Great Business" Investment Model Charlie Munger's "Great Business" investment model represents a significant evolution beyond Benjamin Graham's traditional value investing approach (...

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...

The core reason behind Charlie Munger's strong opposition to mechanical low price-to-earnings (P/E) ratio investment strategies lies in the evolution of his investment philosophy and his profound insi...

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

Charlie Munger vs. Benjamin Graham's "Value Investing": From "Cigar Butts" to "Buying Castles" Charlie Munger's definition of "value investing" represents a profound evolution from the foundation laid...

Charlie Munger places such high value on mathematical and engineering thinking because he believes these two modes of thought form the bedrock of "Worldly Wisdom" and rational decision-making.

Here is the translation: Good, here is the response you requested. Charlie Munger's distinction between "Multiple Mental Models" and "Interdisciplinary Knowledge" can be succinctly summarized as: "In...

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...

What is "Inversion"? How Does Charlie Munger Apply This Principle to Investing? Inversion, also known as "reverse thinking," is one of the core mental models most highly regarded and frequently used b...

Why Does Munger Emphasize That "Avoiding Stupidity Is More Important Than Pursuing Brilliance"? Charlie Munger's emphasis on "avoiding stupidity is more important than pursuing brilliance" is not a me...

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...

Does Holding Bitcoin Change How You Think? Hey, I've been into Bitcoin for several years. I started out of curiosity, just dipping my toes in with a small purchase.

This is a crucial question because it forces us to contemplate Bitcoin's most vulnerable "Achilles' heel." If Bitcoin ultimately fails, the most likely cause won't be a single dramatic event, but a vi...

Feasible Upgrade Paths To address the quantum computing threat, the Bitcoin community could consider the following upgrade paths: Adopt quantum-resistant signature algorithms: Hash-based signatures ...

Revelations from Bitcoin's Historical Vulnerabilities on the Evolution of Security Models Studying major vulnerabilities in Bitcoin's history (such as the value overflow incident) reveals the evolutio...

Lessons from the Mt. Gox Collapse and Its Impact on Exchange Risk Perception Painful Lessons The Fatal Nature of Security Vulnerabilities: Mt.

The Trojan Horse Perspective: Paving Bitcoin's Entry into Mainstream Finance The launch of Bitcoin ETFs, ostensibly a compliant investment vehicle, functions like a "Trojan Horse" to open mainstream f...

Bitcoin Security Budget Problem Analysis Problem Overview Bitcoin's block reward halves every four years (e.g., reduced to 3.125 BTC in 2024) and is expected to approach zero by 2140.

What is an SPV (Simplified Payment Verification) Node? An SPV (Simplified Payment Verification) node is a lightweight client implementation in the Bitcoin network, designed to allow users to verify tr...

How to Mitigate Competitive Risks from Counterfeit Matcha in the Market Counterfeit matcha products can damage brand reputation, trigger consumer trust crises, erode market share, and spark price wars...