Excellent Book: Charlie Munger For All Seasons
Ref: Adam Blum’s Notes https://www.scribd.com/document/339530598/Munger-Daily-Journal-Annual-Meeting-Notes-by-Adam-Blum-2-15-17#from_embed
https://www.facebook.com/groups/charliemungersays/
Lesson 31: Rules of thumb in complex systems change over time.
Lesson 32: Uncertainty s not a bad thing. Who’d want to live in sameness? We may as well be dead.
Rules of thumb in complex systems change over time: “You have to live with uncertainty – it’s not bad thing – who’d want to live in sameness? We may as well be dead.”