5min chapter

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

TIP536: Buffett and Munger’s Principles and Mental Models

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Joys of Compounding by Warren Buffett

The Joys of Compounding by God on Bade is a book about the virtues of philanthropy and good karma. Warren Buffett says that, If you are in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%. Next week I discuss the importance of humility,. It really takes humility to not get so caught up in the material things and understanding the importance of giving back to others. To make a difference in someone's life, you don't have to be brilliant, rich or perfect. You just have to care.

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