The quotes, talks, and speeches presented here are rooted in the old-fashioned Midwestern values for which Charlie has become known: lifelong learning intellectual curiosity, sobriety, avoidance of envy and resentment, reliability, learning from the mistakes of others, perseverance, objectivity, willingness to test one’s own beliefs, and many more. But his advice comes not in the form of stentorian admonishments; instead, Charlie uses humor, inversions (following the directive of the great algebraist, Jacobi, to "Invert, always invert"), and paradox to provide sage counsel about life’s toughest challenges.
— Poor Charlie’s Almanack, The Wit and Wisdom of Charlie Munger, Introduction
What I'm Reading
When you see that in order to produce, you need to obtain permission from men who produce nothing – When you see that money is flowing to those who deal, not in goods, but in favors – When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you – When you see corruption being rewarded and honesty becoming a self-sacrifice – You may know that your society is doomed.
— Any Rand, Atlas Shrugged
Steve Wozniak speaks on the right to repair your equipment.
I wouldn’t want to work on anything I didn’t want to take over my life.
— Paul Graham, A Project of One’s Own