1. Investing is where you find a few great companies and then sit on your ass.
2. The big money is not in buying or selling, but in the waiting.
-- Charlie Munger
“The beauty of it is that knowledge is cumulative. And even what you're learning about Company A will help your thinking about Company B.”
— Warren Buffett
When building habits, choose consistency over content.
The best book is the one you can’t put down.
The best exercise is the one you enjoy doing every day.
The best health food is the one you find tasty.
The best work is the work you’d do for free.
@naval
Stop blaming other people for your life:
"Every time you think that some person or some unfairness is ruining your life, it is you who are ruining your life."
- Charlie Munger, Founders #221
"Work is the best way to keep young":
Borrowing his grandpa's words, Munger's net worth was $5 million at age 50... and $2.6 billion 49 years later. (22:00)
"To finish first you have to first finish." (19:00)
Good businesses make decisions easier:
"The difference between a good business and a bad business is that good businesses throw up one easy decision after another, the bad businesses throw up painful decisions time after time." (40:00)
Life-changing results come from a few major decisions:
"A few major opportunities clearly recognizable as such will usually come to one who continually searches and waits with a curious mind. And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past." (1:05:00)
You do not need to be brilliant. Avoid being stupid:
"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid instead of trying to be very intelligent." (1:08:00)
Retrain continuously:
"They learn everything that is useful in piloting and then they must re-train continuously, that's an important part, retraining continuously, so that they can cope promptly with practically any eventuality." (1:17:00)
Munger's four ways to guarantee failure:
1. Be unreliable.
2. Learn only from your own experience instead of learning from others.
3. Give up after your first few reversals of fortune.
4. Let fuzzy thinking guide your decisions. (1:19:00)
10. Tantric Muscle Control
A lost technique from Indian sages.
Tighten your stomach & thigh muscles when you feel close.
Do: Learn muscle isolation, it pulls energy away from release.
Don’t: Keep your whole body loose, it leads to early release.
9. The Power of Tongue & Hands
Your mouth & hands keep her satisfied while you recover.
Instead of non-stop thrvsting, switch to kisses, whispers, & touches.
Do: Use sensory distractions to keep the pleasure flowing.
Don’t: Rely on pen3tration alone, she loves variety.
8. The 70% Rule
Never go all out, keep reserves.
Ancient warriors kept 30% of their energy in battle, and you should do the same in bed.
Do: Maintain moderate speed instead of going full power.
Don’t: Exhaust yourself too early, control is key.
7. The Secret of “Delaying the Fire”
Kamasutra says the mind controls the body.
Think of a calm moment (meditation, ocean waves) when you get close.
Do: Redirect your focus away from climax pressure.
Don’t: Overthink, balance control with pleasure.