Knowledge Tree

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[Knowledge Tree @knowledgetr_ee]

Charlie Munger's speech at Harvard University in 1995 gave us a blue-print of the psychological framework he used to become a billionaire.

Here is a thread of his 25 tendencies that will help you make more rational and informed decisions.

🧵

#CharlieMunger #RIPCharlieMunger

[Knowledge Tree @knowledgetr_ee]

It is not the critic who counts; not the man who points how the strong man stumbles or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena ~ Theodore Roosevelt

[Knowledge Tree @knowledgetr_ee]

Charlie Munger's simplest advice

[Knowledge Tree @knowledgetr_ee]

25. Lollapalooza Tendency:

Lesson: Recognize the compounding effect of multiple psychological tendencies acting together. Be mindful of the potential for extreme consequences when various biases converge.

[Knowledge Tree @knowledgetr_ee]

Charlie Munger's speech at Harvard University in 1995 gave us a blue-print of the psychological framework he used to become a billionaire.

Here is a thread of his 25 tendencies that will help you make more rational and informed decisions.

🧵

#CharlieMunger #RIPCharlieMunger

[Knowledge Tree @knowledgetr_ee]

24. Reason-Respecting Tendency:

Lesson: Respect reason and critical thinking. Make decisions based on logic and evidence rather than succumbing to emotional or irrational influences.