This weekend I came across another nugget of wisdom from Tim Ferriss’s 5 Bullet Friday email. The nugget was a transcript of a speech given by Charlie Munger (if you don’t know who he is, google him) to the USC Business School titled “A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business”.
Aside from the investment advice, which I know nearly nothing about, I appreciate Mr. Munger’s insights and interests-mostly likely because at a much less developed level the same topics interest me. Especially psychology. I am working on relating his ideas to the supply chain real estate world. I must tell you that I don’t need to think very long to find examples of his concepts.