My Mental Models

Better Decisions Using A Better Mental Framework

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11 Brilliant And Funny Charlie Munger Quotes (Genius Wisdom)

By Andrew McVagh, last updated August 8, 2018 Leave a Comment

Charlie Munger Quotes

Charlie Munger is best known as an investing guru, a close friend of Warren Buffett, and vice chairman of the multinational holding company Berskshire Hathaway.

He’s what we call a “self-made man”, having dropped out of high school before becoming a lawyer and achieving huge fortune and success.

​Munger is often quoted for his insight regarding investing and business, but his down-to-earth, no-nonsense attitude often lends advice that goes beyond the board room.

You might be surprised to find that Charlie can help you succeed at a lot of things in life. Check out these famous Charlie Munger quotes to see why.

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What Are Mental Models? (How To Get Started)

By Andrew McVagh, last updated August 7, 2018 5 Comments

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What Are Mental Models

​If you are new to the world of Charlie Munger and Mental Models then this page is for you!

It contains everything you need to get started on the path of learning how to make better decisions, become more rational, and best of all become more successful at anything you choose.

Here you will learn what his system of Mental Models can do for you.

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Charlie Munger’s System Of Mental Models: How To Think Your Way To Success

By Andrew McVagh, last updated August 7, 2018 4 Comments

Charlie Munger Mental Models

Mental Models? Latticework? Huh? Do what now?

The phrase ‘Latticework of Mental Models’ comes from Berkshire-Hathaway’s Charles Munger, who is a person that has spent most of his life working out ways to, for lack of a better term, think better.

Munger has come to the conclusion that in order to make better decisions in business and in life, you must find and understand the core principles from all disciplines.

In short, learn all the big ideas and how they interrelate and better, more rational thinking will naturally follow.

This is what he calls Elementary Worldly Wisdom, and using his system of Mental Models can help you succeed in almost any endeavor.

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Why Focusing On The Latticework Is As Important As The Models

By Andrew McVagh, last updated November 19, 2017 5 Comments

The Latticework is as Important as the ModelsSo you’re working on building out your Mental Models. You’re reading books, taking notes, and otherwise trying to follow in the footsteps of Charlie Munger so you can have your own handy list of models to help you make better decisions and out-think the majority of people around you.

Yet whenever it comes time to make an important decision in a pinch, you struggle to find the right models or you forget your well-curated list entirely. In the heat of the moment you fall right back on the same irrational mental heuristics as everyone else.

I’m noticing this more and more in my own decision-making and I think I’ve figured out why it happens. [Read more…]

The Perks Of Being Peculiar: A Checklist For Success From Charlie Munger

By Andrew McVagh, last updated November 19, 2017 Leave a Comment

The Perks of Being PeculiarIn 2011 Charlie Munger ended the tradition of yearly Wesco shareholder conferences by calling the attendees … peculiar:

“You people aren’t normal. It’s only peculiar people like you that I want to impress.”

So what makes someone peculiar in Charlie’s mind?

It’s someone who doesn’t think like the masses, someone who recognizes the limits of the human mind and adopts tools to think as rationally as possible.

And Charlie has hinted at the tools he has used to achieve his success. [Read more…]

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Popular Posts

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Mental Model Summaries

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  • Mental Model Summary: Checklists
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  • Mental Model Summary: Reason Respecting (Because Why)
  • Mental Model Summary: Redundancy
  • Mental Model Summary: Skill Stack
  • Mental Model Summary: Social Proof

Further Reading:

- What Are Mental Models?
- My Mental Models Checklist
- The Best Books On Mental Models
- The Charlie Munger Reading List
- Mental Model Summaries: The Complete List
- All Posts
 


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