In a world where external chaos often seems the new normal, peace of mind and an internal compass can feel unattainable. But what if a path to such peace was created thousands of years ago? Welcome to the timeless wisdom of Stoicism, an ancient philosophy embraced by great minds, from former slaves in the Roman …
There’s something truly transformational about habits. They’re the unseen architects of our lives, silently building and shaping our daily routine and destiny. Embracing good habits can be a game-changer; it’s how you chose your path in life. Unfortunately, too many people fall into the trap of letting their circumstances or impulses choose their habits and …
In the world of investing, few names command as much respect and admiration as Charlie Munger, the vice chairman of Berkshire Hathaway. While Munger is best known as a genius with his investment strategies, his philosophy extends far beyond the stock market. Munger’s frugal lifestyle and habits provide valuable insights for anyone seeking to manage …
8 of Charlie Munger’s Smartest Frugal Living Habits You Need to Start Now Read More »
Cognitive biases and psychological misjudgments are inherent ‘faults’ in our thinking process that can affect our decision-making abilities and perceptions. They have deeply embedded patterns of human thought and behavior that can lead us to perceive reality inaccurately and make irrational choices. Cognitive biases are systematic errors in thinking that can occur when we process …
30 Cognitive Biases & Psychological Misjudgments (Do You Know Thyself?) Read More »
The following is a transcript from a Berkshire Hathaway meeting where Warren Buffett was asked about his views on risk management for his company. He gave a thorough and detailed explanation of his thoughts on risk and probability. “Can you please elaborate on your views on risk? You clearly aren’t a fan of relying on …
Warren Buffett and Charlie Munger on Risk and Probability Read More »
There’s a fascinating journey our brains undertake when acquiring a fresh skill. In a world that praises overnight success, it’s easy to forget that this process, commonly termed the “4 stages of competence,” is gradual and ongoing. It begins with unconscious ignorance, travels a path of conscious efforts, and culminates in unconscious competence, the stage …
Investing can be an absolute minefield, especially when you’re just starting out. There’s an overwhelming amount of information, and everyone seems to have their own take on what’s best. The road to investing success is often littered with missteps and pitfalls. To help you navigate this confusing world, let’s delve into seven common blunders that …
Top 7 Beginner Investing Mistakes (DON’T DO THIS) Read More »
Ancient wisdom often holds relevant lessons for our modern lives. One such source of profound insights is Sun Tzu’s ‘Art of War’, a masterpiece not confined to the battlefield. This classic is a treasure trove of strategies that can illuminate our path in business and investing helping us navigate challenges and seize opportunities. Let’s delve …
Sun Tzu Quotes: Lessons from The Art of War (Powerful Warrior Quotes) Read More »
Let’s take a trip together inside the wisdom of Charlie Munger, a seasoned investor and business legend. Not only does he have an impressive record of financial success as Warren Buffett’s right-hand man at Berkshire Hathaway, but he also shares his insights about the pathway to wealth and fulfillment in life. Learning: The Most Crucial …
Charlie Munger’s Advice on Investing and Life Choices that Make a Person Wealthy Read More »
Journeying through the complexities of life, we often cross paths with two contrasting kinds of people: those who embrace change with open arms and those who prefer the comfort of the familiar. This dichotomy of open-minded and closed-minded individuals impacts their personal growth and approach to interpersonal relationships and decision-making. Let’s explore the nuances between …
