13 ideas from Charlie Munger’s speech
- The safest way to try to get what you want is to try to deserve what you want
- There’s no love that’s so right as administration based love and such love should include the instructive dead.
- The acquisition of wisdom is a moral duty it’s not something you do just to advance in life
- A legal mind is a mind that considers it feasible and useful when two things are all twisted up together and interacting to try to think about one thing without considering the other
- The way complex adaptive systems work, and the way mental constructs work, problems frequently become easier to solve through inversion
- Avoid extremely intense ideology because it cabbages up one’s mind
- Generally speaking, envy, resentment, revenge and self-pity are disastrous modes of thought
- Avoid perverse incentives and associations
- Incorporate checklist routines. They prevent a lot of errors and not just for pilots
- Maximizing non-egality will often work wonders
- Intense interest in any subject is indispensable if you are really going to excel in it
- Have a lot of assiduity.. sit down on your ass until you do it
- Life is very likely to provide terrible blows unfair blows, some people recover and others don’t. Every mischance in life however bad created an opportunity to behave well every mischance provide an opportunity to learn something useful and wants duty was not to become immersed in self-pity but to utilize each terrible blow in a constructive fashion.
- Complex bureaucratic procedure does not represent the highest form civilization can reach when higher form is a seamless known viewerotic web of deserve trust not much fancy procedure just totally reliable people correctly trusting one another.
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