Good music
"Death Wish" by Royale Lynn & Danny Worsnop
The Mental Models of Charlie Munger
Charlie Munger was the business partner of Warren Buffett. He passed away in November 2023 at the ripe old age 99, and with an approximate network of USD $2.6 billion. Charlie was famous for asserting the importance of using mental models to assist with decision making in business and investing. He drew from various fields including science, religion, philosophy, history, business, psychology and more, to assist him in building Berkshire Hathaway with Warren Buffett into the powerhouse that it is today. A mental model is a heuristic, or a mental shortcut 'for solving problems in a quick way that delivers a result that is sufficient enough to be useful given time constraints.' (source: investopedia.com). Whilst you may know a number of these, I think that is worth revisiting the mental models which Charlie used and seeing how they can be applied in your own business and in your life. Naturally, the true value of them is in reflecting on your own thinking pat...
