Munga's approach of reducing standards stupidity is incredibly practical in investing, but it actually turns out to be incredibly practical in other areas of life as well. He describes envious the dumbest of the seven deadly sins because he said it's not even fun. So there are all of these ways in which you can actually guarantee yourself a pretty miserable life if you behave that way. And so this turns out just to be an incredibly helpful strategy.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode