Munger

Charlie Munger considers "Falsifiability" a crucial core tool and mental model in the process of validating ideas. Originating from the scientific philosophy of Karl Popper, Munger adopted and applied...

Why Does Charlie Munger Consider "Incentives" the Cornerstone of Human Knowledge? Charlie Munger repeatedly emphasizes the critical importance of understanding "incentives" because he believes incenti...

Is Charlie Munger Open to Investing in "High-Growth Companies"? What Are the Prerequisites? The answer is yes. Charlie Munger is absolutely open to investing in high-growth companies.

Charlie Munger's Core Critique of the "Evolutionary Constraints of the Brain" One of Charlie Munger's key insights is the profound recognition that the human brain is not a perfectly rational machine ...

Charlie Munger believes that exceptional judgment stems not from extraordinary intelligence, but from a disciplined mindset that avoids common cognitive pitfalls.

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's concept of the "opportunity" that investors must patiently wait for does not refer to any seemingly cheap stock. Instead, it signifies a "Fat Pitch" – an investment that meets his str...

Why Charlie Munger Emphasizes Avoiding "Excessive Trading" and His Extremely Low Trading Frequency Charlie Munger, Warren Buffett's long-time partner and Vice Chairman of Berkshire Hathaway, has profo...

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...

How Does Charlie Munger Determine if an Industry Has Structural Advantages? Charlie Munger assesses whether an industry or company possesses structural advantages (his famous "economic moat" theory) n...

The Boundaries of Charlie Munger's "Circle of Competence" Theory Charlie Munger's "Circle of Competence" theory is a cornerstone of his investment philosophy.

Charlie Munger's Core Critique of "Diversification" Charlie Munger holds a profound and unique critical stance towards the "diversification" investment strategy, often considered sacrosanct in traditi...

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 "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 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...