Tag: Charlie Munger
2 posts tagged "Charlie Munger".
American investor, lawyer, and vice-chairman of Berkshire Hathaway (1924–2023), the laconic intellectual partner to Warren Buffett. Munger preached a "latticework of mental models" drawn from many disciplines and a relentless cataloguing of human misjudgement — his celebrated talk The Psychology of Human Misjudgment, collected in Poor Charlie's Almanack, prefigured much of academic behavioral economics. His patient, concentrated approach to investing and his insistence on worldly wisdom make him a touchstone for decision-making and rationality on this blog. He championed the power of compound interest, the value of inversion, and the rare discipline of sitting still and doing nothing until a great opportunity arrives.
Mentioned in:
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The Commonplace Book: How to Get Compound Interest on Your Ideas
The magic happens in the nooks where ideas collide and fuse, but we have to create the right conditions for recombination.
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Kindly Stop Saying The Efficient Market Hypothesis is Dead
There are whispers that the efficient-market hypothesis is dead, or dying, or at least has a very nasty cough. But rumours of its death have been greatly exaggerated.