On Charlie Munger and learning
December 16th, 2023 (10 months ago) • 2 minutes
If you just get up every morning and keep plugging and have some discipline and keep learning…it's amazing how it works.
And if I enjoy learning it, I regard it as important, because I think that’s what you’re here for, is to go to bed every night a little wiser than you were when you got up.
The best people in the world never stop learning. They are a lifelong students.
Charlie Munger is a good example.
Even at his old age, he continuously learns to bring more opportunities into Berkshire. His $232 million deal on BYD back in 2010 is a testament to this, where he and Warren dove into the EV business before most of the industry.
The reason to keep learning is also simple: the world keeps on changing, your competitors keep on learning, so the only way to catch up is to keep learning. It's also a way for you to see the world in a new light when you understand certain knowledge.
Some takeaways from the speech:
- When you are around people who are more experienced and have a lot of value to offer, pick their brains as much as you can.
- Practice multi-disciplinary learning. Learn everything from any domain, and it will make life more fun and rich.
- Shine your light on your clients first, then your boss, then on yourself. Make people feel like they are the smartest person in the room.