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Munger's mental models #12: Soldiering on! Oct 08, 2024

Mental models

In this short series of blogs and videos, in honour of the late Charles Munger, I take a look at some of his most powerful mental models.

Soldiering on

We have finally reached the end of this short video series!

And we've saved the most important life lesson for last: soldiering on!...

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Munger's mental models #11: The bell curve fallacy Oct 07, 2024

Mental models

In this short series of blogs and videos, in honour of the late Charles Munger, I take a look at some of his most powerful mental models.

The Bell Curve distribution

The bell curve is a very useful statistical concept in many circumstances, measuring a distribution of outcomes.

We...

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Munger's Mental Models #10: Becoming friends with the eminent dead Oct 05, 2024

Mental models

In this short series of blogs and videos, in honour of the late Charles Munger, I take a look at some of his most powerful mental models.

Leaders are readers

Consider this quote from Charlie Munger:

"In my whole life, I have known no wise people (over a broad subject matter area)...

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Munger's mental models #9: Simplicity! Oct 01, 2024

Mental models

In this short series of blogs and videos, in honour of the late Charles Munger, I take a look at some of his most powerful mental models.

KISS

Charlie Munger once said:

"Take a simple idea, and take it seriously".

While it was possibly an exaggeration, the Berkshire Hathaway duo have...

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Munger's mental models #8: The fat pitch strategy Oct 01, 2024

Mental models

In this short series of blogs and videos, in honour of the late Charles Munger, I take a look at some of his most powerful mental models.

In the zone

I was at Fenway Park in Boston, Massachusetts this week, the oldest ball park in the Major League, where the legendary Ted Williams...

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Munger's mental models #7: Get investing! Sep 10, 2024

Mental models

In this short series of blogs and videos, in honour of the late Charles Munger, I take a look at some of his most powerful mental models.

Invest!

This may seem like a simplistic point to those of you who understand why it's important to invest you capital to grow it.

Munger used a...

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Munger's mental models #6: The power of checklists Aug 29, 2024

Mental models

In this short series of blogs and videos, in honour of the late Charles Munger, I take a look at some of his most powerful mental models.

Biases & blind spots

Munger suggested that we should consider the power of a checklist.

A checklist can help us to overcome or compensate for...

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Munger's mental models #5: Compounding! Aug 15, 2024

Mental models

In this short series of blogs and videos, in honour of the late, great Charles Munger, I take a look at some of his most powerful mental models.

The power of compounding

It's been written here and all over the internet that the most powerful force in investing is compound...

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