2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

Classic 22: Life and investing w/ Mohnish Pabrai

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Self-Pity Is a Very Important Misjudgment of Humans

Munger: When we encounter adversity, it is a very natural reaction for humans to have self-pity and say, oh, poor me. Munger himself struggled with that when he lost his first son to leukemia in his 30s. He used to be walking the streets of Pasadena just crying. But I know that the Charlie Munger that I see today is not like that.

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