| According to billionaire Charlie Munger, it is a good strategy to avoid making stupid decisions, rather than trying to become intelligent. While everybody, every text book, every advice is asking us to be more intelligent, smarter, and sharper, Charlie Munger is giving the inverse of the advice. That is, don’t be stupid.
Munger’s insights (known as Mungerisms) on business and life are unique, rare, and correct with unusual consistency. Speeches and writings made long ago stand up in their logic and validity today as much as when they were written, given their basis in the deeply fundamental wisdom of the world.
Munger believed that rather than trying to be very intelligent, if you try not being stupid, you can live a life free of any misery. There are a couple of things we have to do to avoid making stupid decisions. Watch this video to know all about it: https://youtu.be/DzXwjzm_-zY
#coffeeandjunk #decisionmaking #charliemunger
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// R E L A T E D V I D E O S
→ Circle of Competence: Warren Buffett on How to Avoid Failures Consistently | https://youtu.be/EYpLIZr0HCI
→ The Inner Scorecard: Warren Buffet on The Danger of Comparing Yourself to Others | https://youtu.be/MtqodA1NSjo
// R E L A T E D B O O K S
→ The Tao of Charlie Munger | https://amzn.to/2nePydg
→ University of Berkshire Hathaway | https://amzn.to/2lKjwFO
→ Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger | https://amzn.to/2lF5RzE
→ Poor Charlie’s Almanack | https://amzn.to/2lEQyXH
→ Seeking Wisdom: From Darwin to Munger | https://amzn.to/2nhWPcc
→ The Tao of Charlie Munger | https://amzn.to/2nePydg
// M U S I C
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→ Thinking, Fast and Slow | https://amzn.to/2EvyWms
→ The Black Swan | https://amzn.to/2GVogBf
→ Zen and The Art of Motorcycle Maintenance | https://amzn.to/2NG3bLF
→ Algorithms to Live By | https://amzn.to/2SFbxnA
→ How Not to Be Wrong | https://amzn.to/2EymUZw
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// A B O U T
Hello there, My name is Abhishek, and I’m the guy behind Coffee&Junk. I write/talk about Practical Life Skills (PLS) that help us get smarter, achieve more, and win BIG in life.
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