4 SIMPLE LESSONS FROM CHARLIE MUNGER

  1. Charlie looks at everything through the lens of history. human nature does not change. The same behaviors repeat forever.
  2. Problems from time to time should be expected. This is an inescapable of life.
  3. Wise people do not whine about problems. They prevent them : “Wisdom is prevention.” – charlie munger
  4. Great nusinesses are rare. Great people are rare too. Great people and great businesses produce fewer problems.

Your mission in life is to get into a great business (and stay there) and build relationship with great people.

Doing that will prevent the majority of problems that are under your control.

Go for great.

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