Insights from smartest peoples increase your smartness. It helps in your life. It change your old perspectives. It reveals some of the secrets. So, you can use that. I’m going to share you the five best insights from Charlie Munger.
Consistency is Important
Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Systematically you get ahead, but not necessarily in fast spurts. Nevertheless, you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve.
In more practical sense, Read at least 30 minutes that’s related to your profession. So, it builds your knowledge day by day. It boost your competence. And, you can outsmart others. This principle applies to anything. If you want to be healthy, do a little amount of exercise daily. If you want to increase your focus, do a meditation daily and so on..
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
I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge
Focus On Big Ideas
I paid no attention to the territorial boundaries of academic disciplines and I just grabbed all the big ideas that I could
Be a Learning Machine
I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up, and boy, does that help, particularly when you have a long run ahead of you