Thursday, November 30, 2023
HomeInvestingCharlie Munger Lives on as All Nice Philosophers Do

Charlie Munger Lives on as All Nice Philosophers Do


One of the best armour of previous age is a properly spent life previous it.” – Charlie Munger

It’s a pure human tendency to hunt consolation within the perception that sure eventualities are past the realm of chance. Whether or not it’s a well being difficulty, or a private tragedy, we frequently inform ourselves, “That would by no means occur.” We construct psychological fortresses round these notions, discovering solace within the phantasm of invincibility.

However life has a manner of humbling us, displaying us that nobody is exempt from its capriciousness.

As we speak is one such day.

Charlie Munger, whom I’ve thought of a hero in my life, has handed away on the age of 99, simply 34 days from turning 100.

And Charlie isn’t just a hero for me on paper. He has been, and at all times shall be a guiding power in my life, shaping my values, selections, and aspirations. His knowledge has been my compass, and his rules are kind of my North Star.

As I mourn his passing, I additionally have fun the unbelievable legacy he leaves behind. The impression he had on my life and the lives of numerous others is a testomony to his extraordinary character and the enduring energy of his phrases.

This can be a second of grief for me, and it could take a while for acceptance to set it. And so, I’ll cease writing straight away, and simply go away you with these lovely quotes from Charlie on the way to be pleased in life and survive a very long time to inform the story.

Over to Charlie.

If all you reach doing in life is getting wealthy by shopping for little items of paper, it’s a failed life. Life is greater than being shrewd in wealth accumulation.

Keep in mind that repute and integrity are your most dear property – and may be misplaced in a heartbeat.

Lots of success in life and enterprise comes from understanding what you wish to keep away from: early dying, a foul marriage and many others.

Envy is a extremely silly sin as a result of it’s the one one you might by no means probably have any enjoyable at. There’s a whole lot of ache and no enjoyable. Why would you wish to get on that trolley?

Confucius stated that actual information is understanding the extent of 1’s ignorance. Aristotle and Socrates stated the identical factor. Is it a talent that may be taught or discovered? It most likely can, when you’ve got sufficient of a stake driving on the end result.

Some individuals are terribly good at understanding the bounds of their information, as a result of they need to be. Consider any individual who’s been an expert tightrope walker for 20 years – and has survived. He couldn’t survive as a tightrope walker for 20 years until he is aware of precisely what he is aware of and what he doesn’t know. He’s labored so onerous at it, as a result of he is aware of if he will get it incorrect he received’t survive. The survivors know.

Understanding what you don’t know is extra helpful than being good.

Lastly, as Charlie would have stated, “I’ve nothing so as to add.”

Will miss you, Charlie! 🙁

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