Poor Charlie's Motto: Charlie Munger Writes to Young People

How to say it? This book emphasizes cognition. Only when a person's cognitive boundary is improved can he have more ability to do more things. Although the sentences in this book are a bit... Wordy in some aspects, it does not affect the overall perception.

If you are anxious, you might as well take a look. If you regret it, you can quit at any time. It will waste you up to an hour. However, if you listened to Charlie's words, congratulations, you have received a message from the future.

Not bad. It is a good book on economic thinking. Ideas and thinking models are more important than actions. Many of the contents in the book are enlightening. Those who want to learn economic knowledge or expand their thinking can read it. It is still very helpful. Investment is a long-lasting thing, and you should focus on it in an area that you are familiar with and understand, and you can get good results in the long run. It is like a blind man touching an elephant, touching items he does not know, and it will only make a joke. Charlie is not telling us that we are in the comfort zone, but that we need to conduct interdisciplinary learning and establish our own knowledge framework. Those who have watched deliberate practice may know that this concept is also included in it, and establish your own mental structure. So sometimes when I see excellent people, I am surprised how there are so many excellent people. Excellent people are just as easy as taking out tools from their pockets to use them, so go study and choose the content that interests you. They also tell us that being a kind and conscientious person is the minimum guarantee for a person, but many people don't know Finally, there are some thinking models. The most impressive one is 10+10+10. It uses time to tell us to think, think twice before acting, and how to decide after 10 minutes. After 10 months, 10 years later, sometimes we will be more impulsive. After asking ourselves three times, we should have the answer. I understand the idea of compound interest is that if you keep doing something, there will be huge changes. Persistence is the key to success. Entropy thinking is a physics concept that has been mentioned in many books. Entropy is a unit that describes a state of matter. We do many things that will increase the state of disorder, and will eventually perish. Therefore, in order to combat disorder, such as health, staying up late, and poor diet will increase entropy. This concept is explained very clearly in this book. There are a lot of chapters, so you can choose what you are interested in and read it. It is still a good book and worth spending time to read.

Think before you act and look at problems from multiple angles. The effect of reading a lot of books, drawing inferences from one example and drawing inferences about other cases. Reading a book is like having a conversation with the author, learning the author's thoughts, and discovering your own problems.

Some time ago, I bought a paper version of "Poor Charlie's Almanack", which was very thick. Now that I have read this book, I have reviewed all the things about Charlie that we need to learn from. At that time, what impressed me most was his saying, "Think the other way around, always think the other way around." The same applies now. And his persistence, he has kept his shares unchanged for more than ten or twenty years. He loves to read. Anyway, there is a lot for us to learn.

Easy to understand, the text is popular and smooth, good😌

A very good book, very good 👍

I originally wanted to read a book about stock trading and investment, but I didn't expect to read a lot of life philosophies. Maybe investment is a philosophy. Only by overcoming greed, anger and ignorance can you gain discipline, concentration and wisdom. The stock market is like a battlefield. What you experience is silent smoke and invisible bloody cruelty. It is a different life!

Charlie is also an ordinary person. He also buys a company and ends up with nothing. He also gets into an unclear marriage. He also doesn't know how to stop losses in junk companies. He also doesn't dare to touch new technologies. He is just an ordinary person, but he is better at reflecting and summarizing. In addition, he has experienced enough for a long time, and his cognition has also been greatly improved.

What Munger thinks about life investment shows you some methods, including lifelong reading, staying rational, thirty principles, and anti-entropy thinking.

A very good book that talks about theory and connects it with the reality of life. It can help people avoid many wrong practices and lead a more powerful life.

The content is simple and easy to understand. His wife is divorced, his child is suffering from leukemia, and he has an eye injury. As a father of several children in an ordinary family, he has encountered various difficulties in life and can become a magical history. This book is worth reading.

If someone tells me that reading books can make me rich, I will read books.

Even though I know so many truths, I still can't live a good life.

It's okay, but compared to Munger's original content, the content is much lower, and some theories don't actually work in reality.

Establish an investment list. Skills will be forgotten if they are not used for a long time. Keep learning various things to build multiple thinking.

Many of the ideas in it are very useful. This is the most useful book I have read this year.

Very comprehensive in all aspects, a very good book

More educational books are good for people's growth!

Very 👍great, a book worth reading [like][like][like][like][like][like]

Very good book

Clear structure and dense knowledge points

Worth recommending to learn

The content is substantial and very inspiring [Like]

Very prosperous Booming, booming, booming, booming, booming

Beautiful and worth reading again and again.

Stimulates thinking and is worth recommending

Very philosophical book

Read more, read more books that make money!

Real, beneficial and sustainable.