• #7 Charlie Munger: "It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent."

  • May 14 2024
  • Durée: 7 min
  • Podcast
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#7 Charlie Munger: "It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent."

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  • Résumé

  • Let's say you're playing a game of chess. Now, you don't need to be a grandmaster to play a good game. Instead, what's more important is avoiding blunders. It's the same in investing. It's not about being the smartest person in the room. It's about not making foolish decisions.
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