May 5th 08 Posted by Jesse Kliza

Munger Mondays in May: Latticework of Mental Models

“You must know the big ideas in the big disciplines and use them routinely–all of them, not just a few. Most people are trained in one model–economics, for example–and try to solve all problems in one way. You know the old saying: ‘To the man with a hammer, the world looks like a nail.’ This is a dumb way of handling problems.” – Charles Munger The idea of... read more

Apr 28th 08 Posted by Jesse Kliza

Munger Mondays in May

Inspired by this phenomenal post by Marc Andreessen, for the month of May I’m planning on doing a post every Monday highlighting some of my favorite bits of wisdom from Charles Munger. After reading Marc’s post, I ordered Poor Charlie’s Almanac a few days later and I’m loving... read more