Tapan Kumar Sasmal 🇮🇳

Banker, love work out, Atheist & hate pseudo folks.

[Tapan Kumar Sasmal 🇮🇳 @TapanKumarSasm1]

Best new year resolution you could find👇👇👇👇👇👇👇👇👇👇👇👇👇👇

[Tim Urban @waitbutwhy]

21 thoughts from 2021 I'd like to take into 2022:

[Wisdom Theory @wisdom_theory]

If you don't have a growth mindset, don't buy it:
https://t.co/86tfwefAqU

[Investment Wisdom @InvestingCanons]

"I learned at a very early age how important it is to work hard and be honest..."

— Warren Buffett

"The keys are discipline, hard work, and practice."

— Charlie Munger

[Wisdom Theory @wisdom_theory]

One-step process to avoid getting into trouble in conversations:

- Before speaking, ask yourself: Why am I going to say this?

[Investment Wisdom @InvestingCanons]

“There’s nothing like a personal, painful experience if we want to learn—and we certainly have had our share of it.”

— Charlie Munger

[Osho Quotes @OshoQuotes]

Now is the only reality - All else is either memory or imagination. ~ Osho

[James Clear @JamesClear]

Many people wish they started sooner. Almost nobody wishes they started later.

[Investment Wisdom @InvestingCanons]

I’m a great believer in solving hard problems by using a checklist."

— Charlie Munger

"The checklist has prevented many investments that may not have been prevented otherwise...it doesn't take much effort, but delivers a huge reward—I like that."

— Mohnish Pabrai

[Investment Wisdom @InvestingCanons]

"If you make yourself a very reliable person and stay reliable all your life, faithfully doing whatever you engage to do, it will be very hard for you to fail at anything you want."

— Charlie Munger

[Investment Wisdom @InvestingCanons]

"One thing we've learned is, if it's clear that something is a mistake, is to fix it quickly. It doesn't get better while you wait."

— Charlie Munger

[Investment Wisdom @InvestingCanons]

��A majority of life’s errors are caused by forgetting what one is really trying to do.”

— Charlie Munger

[Osho Quotes @OshoQuotes]

What is it that makes you cry? It is only your attachments. What is it that you miss when it is lost? It is the object of your attachment. Ponder over this. - Osho

[Investment Wisdom @InvestingCanons]

“Neither Warren nor I is smart enough to make the decisions with no time to think. We make actual decisions very rapidly, but that’s because we’ve spent so much time preparing ourselves by quietly sitting and reading and thinking.”

— Charlie Munger

[Charlie Munger Fans @CharlieMunger00]

"It’s an easy game, if you can control your emotions"

--- Warren Buffett

[Charlie Munger Fans @CharlieMunger00]

"You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success"

--- Charlie Munger

[Tapan Kumar Sasmal 🇮🇳 @TapanKumarSasm1]

@JamesClear It's a state of mind that pushes the man to teach & to learn

[The Transcript @TheTranscript_]

Warren Buffett: "What gives you opportunities is other people doing dumb things...I would say there’s been a great increase in the number of people doing dumb things"

#Berkshire2023

[Investment Wisdom @InvestingCanons]

“I have made bad business decisions—you can’t live a successful life without doing some difficult things that go wrong. That’s just the nature of the game.”

— Charlie Munger

[Tapan Kumar Sasmal 🇮🇳 @TapanKumarSasm1]

Both Munger & buffet are certainly the living legend 💯

[Investment Wisdom @InvestingCanons]

This exchange between Warren Buffett and Charlie Munger is golden—lessons for building wealth and living a better life:

Buffett:

"Write your obituary and try to figure out how to live up to it. For business, You just want to make sure you don't make any mistakes that take you out of the game or come close to taking you out of the game. You should never have a night when you're worried about investing. You should spend a little bit less than you earn."

2 lessons Buffett said learned from Tom Murphy:

"You can always tell someone to go to hell tomorrow."
"Praise by name, criticize by category."

Buffett continued:

"I've never known anybody who was kind that died without friends. But I've known plenty of people with money that died without friends."

Munger:

"It's so simple: you spend less than you earn. Invest shrewdly. Avoid toxic people and toxic activities. Try to keep learning all your life. And do a lot of deferred gratification.

If you do all of those things, you are almost certain to succeed.

And if you don't, you're going to need a lot of luck. And you don't want to need a lot of luck. You want to go into a game where you're very likely to win without having any unusual luck."

Buffett added:

"You need to know how people can manipulate other people and you need to resist the temptation to do it yourself."

Munger agreed vehemently:

"Oh yes, the toxic people who are trying to fool you, lie to you, or who aren't reliable in meeting their commitments—a great lesson in life is to get them the hell out of your life. And do it fast."

Buffett:

"And do it tactfully, too, if possible. But do get them out of your life."

[Charlie Munger Fans @CharlieMunger00]

"I would argue that passion is more important than brain power"

--- Charlie Munger

[Charlie Munger Fans @CharlieMunger00]

"Invert, always invert: Turn a situation or problem upside down. Look at it backward"

--- Charlie Munger