“You’ve got to have models in your
head and you’ve got to array you experience – both vicarious and direct – onto
this latticework of mental models.” - Charlie Munger
“Your life must focus on the maximization of objectivity." -Charlie Munger
“Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group… then to hell with them.” -Charlie Munger
“If it is wisdom you’re after, you’re going to spend a lot of time on your ass reading.” -Charlie Munger
"In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time -- none, zero... You'd be amazed at how much Warren reads -- at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out." -Charlie Munger
"Warren and I insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think. So Warren and I do more reading and thinking and less doing than most people in business." -Charlie Munger
“The man who doesn’t read good books has no advantage over the man who can’t read them.” -Mark Twain
“Not everything that counts can be counted, and not everything that can be counted counts.” -sign that hung in Albert Einstein’s office at Princeton
"Most of what we say and do is not essential. If you can eliminate it, you'll have more time, and more tranquility. Ask yourself at every moment, 'Is this necessary?" -Marcus Aurelius
"The definition of insanity is doing something over and over again and expecting different results." -Albert Einstein
“Your life must focus on the maximization of objectivity." -Charlie Munger
“Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group… then to hell with them.” -Charlie Munger
“If it is wisdom you’re after, you’re going to spend a lot of time on your ass reading.” -Charlie Munger
"In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time -- none, zero... You'd be amazed at how much Warren reads -- at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out." -Charlie Munger
"Warren and I insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think. So Warren and I do more reading and thinking and less doing than most people in business." -Charlie Munger
“The man who doesn’t read good books has no advantage over the man who can’t read them.” -Mark Twain
“Not everything that counts can be counted, and not everything that can be counted counts.” -sign that hung in Albert Einstein’s office at Princeton
"Most of what we say and do is not essential. If you can eliminate it, you'll have more time, and more tranquility. Ask yourself at every moment, 'Is this necessary?" -Marcus Aurelius
"The definition of insanity is doing something over and over again and expecting different results." -Albert Einstein
“If I have seen further [than certain other men] it is by standing upon the shoulders of giants.” -Sir Isaac Newton
“If I am anything, which I highly doubt, I have made myself so by hard work.” -Sir Isaac Newton
“The harder you work the luckier you get.” -Ben Franklin
"More important than the will to win is the will to prepare." -Charlie Munger
“In all things success depends on previous preparation, and without such previous preparation there is sure to be failure” –Confucius
"Hard work, honesty, if you keep at it, will get you almost anything." -Charlie Munger
Marcus Aurelius (Marcus Aurelius Antoninus Augustus;26 April 121 – 17 March 180 AD) was Roman Emperor from 161 to 180. He ruled with Lucius Verus as co-emperor from 161 until Verus' death in 169. He was the last of the Five Good Emperors, and is also considered one of the most important Stoic philosophers.
Marcus Aurelius' Stoic tome Meditations, written in Greek while on campaign between 170 and 180, is still revered as a literary monument to a philosophy of service and duty, describing how to find and preserve equanimity in the midst of conflict by following nature as a source of guidance and inspiration.
Sir Isaac Newton (25 December 1642 – 20 March 1726) was an English physicist and mathematician (described in his own day as a "natural philosopher") who is widely recognised as one of the most influential scientists of all time and as a key figure in the scientific revolution. His book Philosophiæ Naturalis Principia Mathematica ("Mathematical Principles of Natural Philosophy"), first published in 1687, laid the foundations for classical mechanics. Newton also made seminal contributions to optics and shares credit with Gottfried Leibniz for the invention of calculus.
Charles Thomas Munger (born January 1, 1924) is an American business magnate, lawyer, investor, and philanthropist. He is Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by Warren Buffett; in this capacity, Buffett describes Munger as "my partner." Munger served as chairman of Wesco Financial Corporation from 1984 through 2011 (Wesco was approximately 80%-owned by Berkshire-Hathaway during that time). He is also the chairman of the Daily Journal Corporation, based in Los Angeles, California, US, and a director of Costco Wholesale Corporation.
