Economy & Business

How to Specifically Implement Charlie Munger's Advice on "Multiple Mental Simulations"? Hey, I'm a Munger fan and have practiced many of his ideas in investing and decision-making.

Charlie Munger: Budgets Are "Corporate Cancer," Berkshire's Success Lies in Trust and Rationality Charlie Munger expressed profound admiration and unwavering support for Berkshire Hathaway's distincti...

Why Does Charlie Munger Place Such Importance on "Slow Thinking"? Charlie Munger's emphasis on "slow thinking" is deeply rooted in his profound understanding of human cognitive limitations and decisio...

"Smart People Also Do Stupid Things": Charlie Munger's In-Depth Analysis Charlie Munger does not view the seemingly paradoxical phenomenon of "smart people doing stupid things" as a rare accident, but...

Here is the translation of the provided content into English, maintaining the original Markdown format: Charlie Munger offered profound and unique insights into the role of corporate culture at Berks...

How Does Charlie Munger View the Impact of Social Media on Investment Behavior? While Charlie Munger never systematically elaborated at length specifically on the topic of "social media," based on the...

The Traits of the "Ideal Partnership" in Charlie Munger's Eyes The partnership between Charlie Munger and Warren Buffett is hailed as one of the most successful in business history.

Charlie Munger believes that the root of "gambling-style investing" (or speculation) does not stem from rational calculation, but is deeply embedded in powerful, innate, and often subconscious psychol...

Charlie Munger and Warren Buffett: The Art of Decision-Making Division and Disagreement Resolution The partnership between Charlie Munger and Warren Buffett is hailed as one of the most successful in ...

Charlie Munger believed that "long-term holding companies" (exemplified by Berkshire Hathaway) are structurally far superior to traditional "investment partnerships.

Charlie Munger's Original Contributions to Behavioral Finance Charlie Munger was not a traditional academic researcher but rather a master practitioner who integrated multidisciplinary wisdom—especial...

From "Cigar Butts" to "Buying Castles": Charlie Munger's Revolutionary Impact on Berkshire's Investment Strategy Charlie Munger's joining marked the most pivotal turning point in Berkshire Hathaway's ...

How Does Charlie Munger Judge Market Timing Based on "Greed and Fear"? Charlie Munger's approach to judging market timing through "greed and fear" does not rely on complex technical indicators or prec...

Charlie Munger: The Guide Who Led the Shift from "Cigar Butts" to "Embracing Greatness" Charlie Munger's most significant influence on Warren Buffett's investment philosophy was guiding him beyond the...

The Background of Charlie Munger and Warren Buffett's Meeting and Their Shared Values First Meeting: A Dinner That Changed History Charlie Munger and Warren Buffett first met in 1959 in Omaha, USA.

Charlie Munger's Core Reason for Emphasizing Dissenting Views: Combating Cognitive Biases to Pursue Objective Rationality Charlie Munger repeatedly emphasized the importance of seeking out, understand...

The core idea behind Charlie Munger's statement that "a great investment is finding a company that makes money automatically" refers to seeking out businesses possessing strong and enduring competitiv...

How Does Charlie Munger Use Institutional Design to Overcome Psychological Biases? Charlie Munger deeply understands human irrationality. He believes that merely recognizing the existence of psycholog...

The reason Charlie Munger vehemently opposed the "Quarterly Earnings Culture" is that he believed this culture fundamentally distorts the essence of business operation and investment, shifting the foc...

Charlie Munger's criteria for evaluating fund managers are exceptionally rigorous. He seeks not merely investors with outstanding performance, but a "thought partner" who is intellectually mature, pos...