← The IndexWisdom

Charlie Munger

Vice Chairman, Berkshire Hathaway

“A latticework of mental models beats memorized facts. Invert, always invert, and know the edge of your competence.”
Charlie Munger
Image: Wikimedia Commons, Charlie Munger (cropped).jpg

The one idea

Assemble a latticework of mental models.

Ideas in the Tracker

Inversion

Solve the problem backwards. Avoid stupidity before you chase brilliance.

→

Latticework of models

Hang your experience on a lattice of big ideas from every major discipline.

→

Illustrated by these cases

Berkshire Hathaway

Compounding is the eighth wonder, but only for those patient enough to let quality run undisturbed.

→

Continue exploring the tribe

Health
Nassim Taleb

Nassim Taleb

Author, Antifragile

“Some things gain from disorder.”

The one idea→
Wisdom
Daniel Kahneman

Daniel Kahneman

Psychologist, Nobel laureate

“Beware the confident intuitions of System 1.”

The one idea→
Wisdom
Marcus Aurelius

Marcus Aurelius

Roman emperor, Stoic

“You have power over your mind, not events.”

The one idea→
Wisdom

Richard Feynman

Physicist, Nobel laureate

“You must not fool yourself.”

The one idea→
Wisdom
Socrates

Socrates

Philosopher of Athens

“The unexamined life is not worth living.”

The one idea→
Wisdom
Aristotle

Aristotle

Philosopher, founder of the Lyceum

“You are what you repeatedly do.”

The one idea→