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This episode unpacks the great Charlie Munger and his wisdom as it relates to education, learning and life.

S U M M A R Y:

0:00 Intro: Why is Charlie Munger Important?
3:57 Poor Charlie's Almanac & Importance of Longevity
8:57 The Importance of Incidental Wealth
11:24 Unpacking Long-Term High Performance & Continuous Learning
18:25 Without Continuous Learning, Career & Skill Stagnates 21:29 Why you should avoid 'hard work'
23:42 What is Charlie Munger's Biggest Career Secret? 27:57 The importance of avoidance and removal
33:22 How to outsmart smart people 36:31 Charlie Munger's multidisciplinary approach and avoiding narrow bias
40:31 Being self-taught and being multidisciplinary seem to go hand-in-hand
42:04 Making modern education more multidisciplinary
44:35 Independent creative projects flow into other areas of your life
46:26 The no. 1 bias holding young people back
52:44 The key: Never settle on roles for too long
56:07 1/5 Munger's investing approach in 10 Minutes
57:09 2/5 Stay within your circle of competency
57:42 3/5 non-formulaic approach
59:31 4/5 be cautious of your own success
1:02:48 5/5 keep expectations low
1:05:00 Munger's approach to ageing
1:10:36 The best part of your life should be old age
1:13:14 How to protect against ageing
1:15:54 Summary and Recap

#255: Long-Term High Performance? Seek Wisdom, Not Advancement. Unpacking Charlie Munger