99 Years of Charlie Munger Wisdom in 44 Minutes [video] • Hacker News Board

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#21

Post by WrongAssumption » Fri, Dec 01, 2023, 1:37 PM UTC

Tarsul wrote: post #13

blovescoffee wrote: post #9

Earlier quoted context omitted.

Every thread about munger points this out. Personally I feel it’s missing the forest for the trees. I’m not going to defend the dorm, but munger was one of the titans of business and investing. There’s so much more founders can take away from him than this story about the dorm.

yeah but it reads a little like he puts himself above others (e.g. the students here). He also did not sign the giving pledge, although he justified this by saying he already gave too much to his children for it to work - I cannot argue with these semantics but it's not a good look, nonetheless. As a matter of fact we should stop revering multi billionares. There definitely should be a comeback of the term stinkin ri…

And yet the very same design was funded by Munger and built in Ann Arbor.

If what you say is true, how do you explain the incredibly high scores given by the students that live there?

https://www.veryapt.com/ApartmentReview-a7222-munger-graduat...

Are you willing to entertain the possibility that it is you that puts your rage over a design you never experienced over the real life experiences of the students that clearly enjoy the space?

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#22

Post by bogota » Fri, Dec 01, 2023, 1:37 PM UTC

snyp wrote: post #6

scandox wrote: post #3

Sometimes, I feel like people who treat life like a game can quite easily then "win it". I guess I feel like if life is a game I've played very poorly, but if life is for living I've lived pretty well. But of course that's loser talk /s

Work life is most certainly a game. Not life in general.

At least in the US i haven’t seen many people who treat work like a game not treat life like a game. For example often times it’s clear the motivation for hanging out with them is networking. Then they get to work and tell you how building relationships helps them work better and allow them to push people harder when times are tough. After all they can fall back on those past experiences.

I don’t think these type of people are inherently bad but I like to spend my time wisely and over time I have found this means not spending time with the people who are above you and in some cases at your same level if you are a manager.

When every conversation is about work or work tangential maybe it’s time you find a hobby.

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#23

Post by geodel » Fri, Dec 01, 2023, 1:38 PM UTC

bmitc wrote: post #12

exit wrote: post #5

Earlier quoted context omitted.

"strong opinions, loosely held" (i think it was Bezos who first expressed this ideal?)

Isn't Munger famous for strong opinions strongly held on things he doesn't know about? I don't understand the worship here.

> I don't understand the worship here.

Like another 10 million things in world. Its fine.

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#24

Post by dr-detroit » Fri, Dec 01, 2023, 1:46 PM UTC

HenryBemis wrote: post #17

mg wrote: post #2

One of my favorite Munger quotes is "The more you shout it out, the more you pound it in". Meaning that if you talk with a strong opinion on a subject, then it is hard for you to change your mind by thinking it through further and coming to the conclusion that you were wrong. I guess one could turn this into a recommendation like "Speak softly and stay flexible". It's interesting to note that Munger himself often did…

Andy Rooney: “Always keep your words soft and sweet, just in case you have to eat them.”

[dead]

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#25

Post by anoncow » Fri, Dec 01, 2023, 1:49 PM UTC

WrongAssumption wrote: post #21

Tarsul wrote: post #13

Earlier quoted context omitted.

yeah but it reads a little like he puts himself above others (e.g. the students here). He also did not sign the giving pledge, although he justified this by saying he already gave too much to his children for it to work - I cannot argue with these semantics but it's not a good look, nonetheless. As a matter of fact we should stop revering multi billionares. There definitely should be a comeback of the term stinkin ri…

And yet the very same design was funded by Munger and built in Ann Arbor. If what you say is true, how do you explain the incredibly high scores given by the students that live there? https://www.veryapt.com/ApartmentReview-a7222-munger-graduat... Are you willing to entertain the possibility that it is you that puts your rage over a design you never experienced over the real life experiences of the students that clea…

Thank you for sharing this. Makes me think that we should always assume positively. Perhaps Munger had a reason for supporting a closed-off dorm, based on what information he had on them. A reason strong enough for him.to be convinced that an alternative was not worth supporting.

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#26

Post by anoncow » Fri, Dec 01, 2023, 1:51 PM UTC

scandox wrote: post #3

Sometimes, I feel like people who treat life like a game can quite easily then "win it". I guess I feel like if life is a game I've played very poorly, but if life is for living I've lived pretty well. But of course that's loser talk /s

A person can have no money but still believe he was successfull in life and a person with all the money in the world can see himself as a failure.

Winning is subjective. The world may think you are losing but are you?

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#27

Post by 6stringmerc » Fri, Dec 01, 2023, 2:04 PM UTC

mg wrote: post #2

One of my favorite Munger quotes is "The more you shout it out, the more you pound it in". Meaning that if you talk with a strong opinion on a subject, then it is hard for you to change your mind by thinking it through further and coming to the conclusion that you were wrong. I guess one could turn this into a recommendation like "Speak softly and stay flexible". It's interesting to note that Munger himself often did…

Your last paragraph is hilarious in how it basically shows Munger in reality was a hypocrite or basically just another dipshit in a suit talking up their book.

Seriously do the math on the utility of money especially with respect to Charlie Munger…

Now that he is dead, the only people that wouldn’t benefit from his estate and wealth being redistributed (as with anyone’s assets over $XXmm) are the Mungers. It’s the most broken part of the system he exploited. Even when you have too much it’s a mental illness that is praised in the US to want more.

Im glad he’s dead so people like you won’t be confused by useful ideas put forward by a societal virus.

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#28

Post by HEmanZ » Fri, Dec 01, 2023, 2:23 PM UTC

louwrentius wrote: post #7

I know that a lot of people here on HN are enamored with CM but I feel differently. In October 2021, Munger's insistence that the university follow his design compelled architect Dennis McFadden, who had served the university for two decades, to resign from the university's Design Review Committee. McFadden stated that the windowless, 1.68-million-square-foot dormitory would be "unsupportable from my perspective as a…

Ok, let’s make sure to judge your life by the decisions you make in your late 90s too. I’m sure they’ll be much more sound.

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#29

Post by bitshiftfaced » Fri, Dec 01, 2023, 2:36 PM UTC

mg wrote: post #2

One of my favorite Munger quotes is "The more you shout it out, the more you pound it in". Meaning that if you talk with a strong opinion on a subject, then it is hard for you to change your mind by thinking it through further and coming to the conclusion that you were wrong. I guess one could turn this into a recommendation like "Speak softly and stay flexible". It's interesting to note that Munger himself often did…

To give him credit, he likely had investment decisions in mind when he said that. There's the exception of some stuff like Bitcoin and information given at the annual shareholders meetings, but I don't recall him publicly disclosing investments before they were already known.

Re: 99 Years of Charlie Munger Wisdom in 44 Minutes [video]

#30

Post by n2d4 » Fri, Dec 01, 2023, 3:23 PM UTC

tcbawo wrote: post #16

louwrentius wrote: post #7

I know that a lot of people here on HN are enamored with CM but I feel differently. In October 2021, Munger's insistence that the university follow his design compelled architect Dennis McFadden, who had served the university for two decades, to resign from the university's Design Review Committee. McFadden stated that the windowless, 1.68-million-square-foot dormitory would be "unsupportable from my perspective as a…

I’ve heard this anecdote multiple times. But, what was the rationale for making it windowless? Was he trying to discourage students from spending any time in their rooms?

Much cheaper if you can build rooms not just along the outer edge but also the inside of the building. The students at the University of Michigan are giving it good reviews https://www.veryapt.com/ApartmentReview-a7222-munger-graduat...