RWH037: Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis
We Study Billionaires - The Investor’s Podcast Network
**Warren Buffett’s learned communication. Winning argument is not influencing or changing. **
Warren Buffett has mastered the art of skilled communication through his study of Dale Carnegie's principles 'How to Win Friends and Influence People.' He values the importance of effective communication and aims to ensure that his message is well-received and understood. Buffett has embraced the concept of 'winning argument is not influencing or changing,' recognizing that while some may excel at winning debates, it does not necessarily lead to influencing or gaining goodwill. This resonates with the insight from Ben Franklin, who highlighted that winning arguments may impress others with intelligence, but can also create enemies. Both Warren Buffett and Charlie Munger have learned to navigate human interactions and social expectations, incorporating practical lessons into their approach. Munger, for instance, dons conventional suits to offset his unconventional nature, demonstrating the practical application of identifying weaknesses and playing to strengths.
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