Charlie Munger's wealth lessons: 5 habits to give up for long-term success in life and investing
New Delhi, May 26 -- Success is not about doing exceptional or extraordinary things. It is more often about devotion, consistency, and avoiding common, ordinary mistakes. Few thinkers have explained this better than the legendary Charlie Munger.
Charlie Munger, who passed away on 28 November 2023 at the age of 99, was widely regarded as an elite, multidisciplinary thinker.
The longtime Vice Chairman of Berkshire Hathaway was someone who never relied on traditional finance formulas and equations; he utilised a system of 'multiple mental models' and built his investing philosophy around devotion, discipline, rational thinking and mental clarity. His approach to investing success was simple: remove what destroys value, and success takes ca...
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