“Buffett and Munger: A Study in Simplicity and Uncommon, Common Sense”
Credits: David Senra (x.com)
10 of my favorite lines from the book:
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Wisdom is prevention.
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The fundamental algorithm of life: repeat what works.
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Everything that needs to be said has already been said. But since no one was listening, everything must be said again.
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The difference between successful people and very successful people is that very successful people say 'no' to almost everything.
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I did not succeed in life by intelligence. I succeeded because I have a long attention span.
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Have maximum financial flexibility to face both hazards and opportunities.
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We schedule time to think. Most people schedule themselves like a dentist.
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History enables you to keep things in perspective.
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It's an inversion process. Start out with failure, and then engineer its removal.
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Life tends to snap you at your weakest link.
