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384 - From the Vault: Best Munger Quotes

InvestED: The Rule #1 Investing Podcast

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The One Thing

"The one thing is decide what the one most important thing in your life is and do that, and make sure that it happens," he says. "Most of the time, the one thing is something that is important, but not urgent." He recommends doing this on a very regular basis to avoid getting distracted by other things.

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