The Best Way to Survive in a Complex System

Munger believes that people who think very broadly and understand many different models from many different disciplines make better decisions. This view should not be a surprise because he believes the world is composed of many complex systems that are constantly interacting. He says, you've got a complex system and it spews out a lot of wonderful numbers that enable you to measure some factors. But there are other factors that are terribly important, yet there's no precise numbering you can put to these factors.