The Personal Finance Podcast 33 Life Lessons From Charlie Munger (These Changed My Life!)
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Dec 11, 2023 
Charlie Munger, Warren Buffett's business partner, shares 33 life lessons including the power of seeking wisdom, helping others, and attracting the right people. The podcast also covers learning from mistakes, investing in oneself, finding work you love, and key factors for financial success.
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Resilience Through Action
- Charlie Munger endured divorce, bankruptcy, and the death of his young son yet never turned to self-destruction.
- He focused on controllable actions like learning and later learned Braille when faced with blindness.
Get A Little Wiser Every Day
- Spend each day trying to be a little wiser than when you woke up.
- Read regularly; Munger and Buffett read hundreds of pages daily to build wisdom.
Stay In Your Circle Of Competence
- Avoid unnecessary risks by staying inside your circle of competence.
- Don't invest in things you don't understand; prefer avoiding stupidity over seeming intelligent.