I had dinner with Charlie Munger. I spent over 3 hours with him. I got to see his library. I could ask him any question I wanted. At 99 he is still *ferociously* intelligent. The most important lesson I learned from him that night was: GO FOR GREAT. In typical Charlie fashion it is a combination of 4 simple ideas: 1. Charlie looks at everything through the lens of history. Human nature does not change. The same behaviors repeat forever. 2. Problems from time to time should be expected. This is an inescapable part of life. 3. Wise people do not whine about problems. They prevent them: "Wisdom is prevention." —Charlie Munger 4. Great businesses are rare. Great people are rare too. Great people and great businesses produce fewer problems. Your mission in life is to get into a great business (and stay there) and build relationships with great people. Doing that will prevent the majority of problems that are under your control. Go for great. by David Senra 15 views14:59
