Poor Richard s Wisdom Reading Notes

pwd=2d72 Extraction code: 2d72 The Poor Charlie's Book is the first collection of Charlie's major public speeches over the past 20 years, and the eleven speeches in the book show the ingenuity of the legendary figure. In addition, "Mungerism:

Charlie's Extemporaneous Conversations chapter is a collection of his incisive and humorous comments from previous meetings of Berkshire Hathaway and SECO Financial. Throughout The Poor Charlie's Book, Munger displays intelligence, wit, admirable values, and unfathomable rhetorical talent. He has an encyclopedic knowledge, so he can easily quote quotes from people from ancient orators, to European writers of the century, to contemporary pop culture icons, and to emphasise the benefits of lifelong learning and the need to keep the thirst for knowledge alive.

The book "Poor Charlie's Treasure: Charlie Munger's Wisdom Sayings" for the first time completely, informatively and authoritatively discloses the life wisdom of Charlie Munger, an investment master who has always "taken low-key pleasures", which is worth collecting!

Franklin, author of The Wisdom of Poor Charlie, and Charlie Munger, author of The Poor Charlie's Book.

Because I particularly like Charlie Munger's "Poor Charlie's Book", I have also longed for Franklin's "Poor Charlie's Wisdom Book" that Munger admired. The Poor Charlie's Book is a record of Mr. Munger's speech. The Wisdom of Poor Charlie is Franklin's early work, and it is similar to the Chinese classic Zengguang Xianwen, which is far less simple and easy to read than Zengguang Xianwen, but it is actually as inspirational as Franklin's biography, and it describes how people like us who live at the bottom can cultivate ourselves and gain wisdom to achieve a happy life.

The avenue is similar, Franklin's life and even his method of self-cultivation and self-motivation have inspired countless people at the bottom to strive for self-improvement, self-cultivation, self-denial, virtue, transmission and practice of positive energy, and move towards a happy life.

Rockefeller read inspirational books every day from the age of 56 until his death, and for nearly 40 years, his idol was Franklin, the American politician who invented electricity. "The Biography of Franklin" is the core content of all editions of "The Sheepskin Scroll", and Franklin inspired countless Americans to endure hardships, losses, and anger, how to be a person and an official. Franklin is comparable to the Chinese Zeng Guofan.

I admire Mr. Charlie Munger admires Franklin very much, Charlie Munger's method of doing the best library and reverse thinking is recorded in the "Poor Charlie's Treasure Book", people are over 90 years old, and he is still the chairman of Westinghouse, so this energy is worth learning. Charlie Munger is a modern man, Warren Buffett's partner, and Franklin is an early American politician and entrepreneur who invented electricity. The two lived in different eras.

After reading this book, I probably think there are these parts:

1. Lots of reading and multidisciplinary thinking

Through a lot of reading, using important theories of multiple disciplines, all things in the world are regarded as an interactive whole, and all human knowledge is a partial attempt to study this whole, and only by combining these knowledge and running through a single ideological framework can it help correct knowledge cognition and decision-making.

2. Reverse thinking

Instead of looking for shortcuts to success, collect the cases that led to failure and think carefully about how to avoid them, so as to lead to success.

3. Human Misjudgment Psychology

Charlie summarized 25 psychological tendencies of smart people who are prone to make mistakes through different cases he encounters at work. The tendencies of the human perception and cognitive system, which are generally useful, tend to be erroneous and can be deliberately manipulated by others if they are not guarded against. Make us part of the rabble:

Not everyone is able to resist the social contagion of bad behavior, and when people are in a state of suspicion, the inaction of others becomes a kind of social evidence that inaction is justified.

4. Lifelong learning

Those who are better than us are learning, and Charlie in his old age does not forget to continue to learn, as the book says: when you get up every day, strive to become a little smarter than you used to. Slowly move forward a little bit each day.

At the end of the day, if you live long enough, you'll be like most people, and you'll get what you deserve. Only through continuous study, repeated use of important theories from different disciplines, avoiding misjudgment of psychological mistakes, and forming one's own wisdom in life, can we not make life difficult in later life.