The Worldly Wisdom of Charlie Munger
Charlie Munger
The biggest enemy to learning is the fear of ‘looking stupid’.
When someone is telling you something important, and you don’t understand, what do you do?
If you ask, you may look like a stupid, for a moment. But if you don’t you will remain stupid for the rest of your life.
The only way to learn new things is to ask questions and be curious.
To learn 10x faster, become comfortable with the feeling of ‘looking stupid.’
There’s a cure for ageing that no one talks about.
It’s called learning.
Ageing only happens to people who lose their appetite for learning and growing.
Charlie Munger suggests that one should go to bed a little smarter than yesterday. That’s how you compound learning, one day at a time, one book at a time and one idea at a time.
Munger continues to learn every single day.
And that’s why, at the age of 92, he may not be the oldest but definitely the smartest man alive on earth.
The best way to come out of depression is to encourage others.
Sounds ridiculous, right?
But it’s true.
When you start encouraging others, your focus shifts from your problems to others. The constant chatter inside your head, about how big and scary your problems are, suddenly loses its audience.
Even if it’s to encourage others, when your mouth is uttering positive words, the mind find it hard to harbour negative thoughts.
As the saying goes – When you push someone up the mountain, you’re right behind them going up the mountain the whole way!
Life is like an hourglass.
The sand in the upper bulb is the collection of future moments – not arrived yet. The grains in the lower bulb are the past moments – frozen.
The only thing that you can hold, experience or change is that tiny orifice which contains the present moment.
Don’t let the sands of NOW slip past from your palms of awareness.
Live in the present moment.
A NO uttered from the deepest conviction is better than a YES merely uttered to please, or worse, to avoid trouble.
Saying YES where you want to say NO is being dishonest to the person who you’re committing to.
A wiseman once said, “I don’t know the key to success, but the key to failure is trying to please everybody.”
Have the courage to say NO, politely and with respect.