22min chapter

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#055 - Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger

rational vc

CHAPTER

Mental Models and Investment Wisdom

This chapter explores Charlie Munger's mental models and their significance in decision-making across various disciplines. It emphasizes essential principles such as preparation, patience, and objectivity while highlighting the importance of risk management in investments and life choices. The discussion culminates with insights into analytical thinking, self-reflection, and the application of these concepts beyond financial contexts.

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