In Top Form Podcast

Episode 37: The Business & Life Secrets of Warren Buffett’s Partner – Charlie Munger Part 2

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Sinopsis

 9 “Secrets and Rules For More Success and A Better Richer Life” Charlie Munger Part 1: https://youtu.be/b3gcUGvU53s If you want to get your own copy of Poor Charlie’s Almanack: Expended Third Edition here’s the link. http://amzn.to/2iIgtvX 1) Understand “Cognitive Bias” and What Default Human Practices/Tendencies to Avoid Three Tendencies To Avoid While Making Life and Business Decisions: 1) Bias from envy and jealousy, related from Buffett – “It’s not greed that drives the world…it’s envy.” 2) Avoid accepting delusional beliefs (sounds simple but…), and 3) Making closed minded judgments about people…remain open to learning from people who you at first dislike.  Here’s a link to a brief video reminder: https://www.cnbc.com/video/2017/06/28/3-psychological-habits-buffetts-partner-charlie-munger-warns-can-hurt-your-career.html   https://youtu.be/sJgHvuTeryM   2) Practice Frugality and Simplicity "One of the great defenses — if you're worried about inflation — is not to have a lot of silly needs in your life.