“In the fields of observation, chance favors only the prepared mind.” – Louis Pasteur. Certain guiding principles have stood the test of time in the complex realm of investing and decision-making, shedding light on the path to success. Among the brilliant minds that have shared their wisdom with us, Charlie Munger, renowned investor, and sage […]
Charlie Munger: Opportunity Comes to the Prepared Mind Read More »
Decades of knowledge, distilled into a few insightful nuggets, can transform our approach to life and investing. Charlie Munger is one individual whose wisdom transcends time and continues to be influential in various spheres of life, particularly in investing. Known as Warren Buffett’s right-hand man and the vice-chairman of Berkshire Hathaway, Munger’s insights into human
Charlie Munger: 100 Years of Wisdom Summed up in 1,000 words Read More »
Charlie Munger’s lessons came from running real businesses and his own life’s journey that was difficult at times. He believes that mistakes can be some of the best education you can get in life as you learn things from experience. He is an avid reader like Warren Buffett but believes that is just one way
Charlie Munger on Mistakes to Avoid in Life Read More »
Charlie is a legend in the investing world, here is what he learned about how to get rich, his investing strategy, and his journey to billionaire. “Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day-if you live long
Charlie Munger Got Rich When He Understood This Read More »
“The first $100,000 is a bitch, but you gotta do it. I don’t care what you have to do – if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit.”
Charlie Munger: Why Your First $100,000 will Change Your Life Read More »
Charlie worked with Warren in Buffet’s grandfather’s grocery store in Omaha, Nebraska. Munger earned $2 for ten hours of labor in the 1930’s before he went off to college. Munger left the University of Michigan to become an Army meteorologist during World War II. After the war he earned a degree from Harvard Law School.
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