Millionaire Mentor

Advice on how to become a millionaire by making, keeping & investing money + financial freedom, learning, business, great minds, Stoicism & health #MoneyTwitter

[Tucker Carlson @TuckerCarlson]

Ep. 73 The Vladimir Putin Interview

[Brian Feroldi @BrianFeroldi]

RIP Charlie Munger

I'll always remember him for this talk he gave on the Psychology of Human Misjudgement.

If you have an hour, it's well worth the time:

[Compounding Quality @QCompounding]

Charlie Munger just passed away.

He turned 99 years old.

Here are 99 life and investing lessons as a tribute to Charlie:

[David Senra @FoundersPodcast]

There’s a new, updated version of Poor Charlie’s Almanack coming out in December

At $22.49 it’s a steal

I already preordered my copy

You can get yours here:

https://t.co/Cbq5suwDeD

[David Senra @FoundersPodcast]

My notes from Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger turned into maxims:

1. Find a simple idea and take it seriously. 

2. Good ideas are rare. When you find one bet heavily. 

3. Humans have been writing down their best ideas for 5,000 years. Read them.

4. Avoiding stupid mistakes is more important than being smart.

5. Don’t work with anyone you don’t admire.

6. Don’t sell anything you wouldn’t buy.

7. Avoiding a bad habit is easier than breaking a bad habit.

8. Work on your best idea. Don't diversify

9. Incentives rule everything around you. Look for them. 

10. Great businesses are built by going ridiculously far in maximizing or minimizing one or a few things. Think Costco. 

11. Learning is changing behavior. 

12. Do the unpleasant tasks first.

13. Charlie has read hundreds of biographies. Do the same. 

14. Stop multitasking. Concentrate.

15. Many hard problems are solved best when approached backwards.

16. Think of ideas as tools. When a better tool comes along use it.

17. Clip your business and personal expenses. Small leaks sink big ships.

18. Make friends with smart dead people. Adam Smith, Darwin, Cicero, Ben Franklin —whoever interests you. Read their writing. Steal their ideas. They don’t need them anymore.

19. Don't confuse intelligence with invincibility.

20. Bad things will happen to you. It’s inevitable. When they do get up and keep going and remember the next maxim.

21. Self pity has no utility.  

22. Find out what you are best at. Then pound away at it. Forever.

23. Only plays games where you have an edge.

24. Avoid mob rule. Avoid demagogues. Avoid dogma. Avoid bureaucracy.

25. Optimize for independence.

25. Use money to buy freedom.

26. Develop durability.

27. What do you have an *intense* interest in? Do that for money.

28. Self improvement has no end.

[Daniel Mahncke @MnkeDaniel]

I've never seen the Interview of Charlie Munger and Li Lu before.

Charlie Munger talks a lot about his view of China in it.

The Interview part starts at minute 5:

[Dividend Growth Investor @DividendGrowth]

One of best speeches by Warren Buffett about business and investing

[Compounding Quality @QCompounding]

Howard Marks published a new Memo this week.

If even Warren Buffett drops everything he's doing when Marks publishes a new Memo, shouldn't you?

Here are my key takeaways:

[Luke Johnson @LukeJohnsonRCP]

BBC's disinformation correspondent had disinformation on her CV https://t.co/i15fWjzarr

[Invest In Assets 📈 @InvestInAssets]

The 10 best free investing resources on the internet:

[Professor John Hearn @jbhearn]

Help please
I have 8.8k followers & my tweets were liked & reposted by 1k & now by less than 10
I have been controversial on Brexit/Pandemic/Vaccinations/B of E/Inflation etc. So either my posts are restricted or I have become boring
Please let me know if you see this by a repost

[Nigel Farage MP @Nigel_Farage]

The banking industry is starting to run scared — and so it should.

Banks should provide banking services, not have a set of social and political “values” we should align to.

They need to end the whole woke nonsense immediately. It’s gone too far.

[Glendinning Place @GlendinningPl]

"Opportunity doesn't come often—so seize it when it comes."

— Charlie Munger

[Kyle Grieve @IrrationalMrkts]

Charlie Munger is worth $2.5 billion dollars.

He said: "Most... people who've made a lot of money have done so in high-quality businesses."

Here are 19 Charlie Munger quotes on the importance of quality investing that will enhance your wealth-creating abilities.

[Daniel Mahncke @MnkeDaniel]

Li Lu, the "Asian Warren Buffett", manages the money of Charlie Munger.

He is a chinese-born Superinvestor who has achieved a compounded annual return of about 30% for over 25 years.

Here are his 9 Secrets to Successful Investing👇🏼

[Colin Keeley @ColinKeeley]

Peter Attia is the #1 longevity doctor.

He charges $150,000 a year to be his patient.

His 13-steps for a long healthy life:

[Tom Nelson @TomANelson]

Climate scammers don't want you to know about the Medieval Warm Period, because it blows their annual #ShowYourStripes propaganda out of the water.

Around Twitter today, please fight back with graphics like this:

[Steve Stewart-Williams @SteveStuWill]

The Ten Commandments of Logic

[Millionaire Mentor @DavidIHarrison]

#BoycottWickes

[Serena @Serena_Partrick]

Brilliant statement from Michelle Dewberry here on how offensive it is to pretend men can be women and force women to play along. #BoycottWickes https://t.co/6BGSztCfCr