411–420 of 454 posts
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Unless you’re an introvert in which case this design is maximally wrong.
You don't even need to be an introvert to want a quiet place to study that isn't also as dark as a closet and entirely without fresh air.
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They still show up in the market price, even if they are traded off exchange.
afterwards. Order book is hidden before trade.
It doesn't matter if the trade happens on or off book, it all gets reported nearly instantly anyway.
As smart and rich as this guy was, and I know very little of him besides his critique of cryptocurrencies, I wonder about his empathy. That dorm design... https://youtu.be/VKXOQ8duhRg
Furthermore I'll argue that "sexiling" is really a gross injustice, and damaging to the education of the sexilee, as if he hadn't already been dealt a pile of misery. The Munger dorm then shows great social wisdom and benevolence in its proactive elimination of sexiling through architectural design.
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The women in my life have all played a significant role in my ability to build my career. For some, like my mother and my kids mom, this incurred some cost to their careers. I wouldn’t be where I am without them, therefore in a sense yes, they did work for my income. Often in hidden and yet incredibly important, valuable ways. My mom died, but if she were still around I wouldn’t think twice about taking care of her.…
What, exactly, are you talking about? The OP is referencing the fact that the wife got _everything_ in the divorce. I'd be curious to understand why "facilitat[ing] his success in some way over the better part of a decade" entitles her to everything he ever made.
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He is a defacto investment hero. Berkshire Hathaway is reality in sea of insanity. They defined the strategy of finding companies with a good structure, good fundamentals, and a good product and capitalising them. If you are looking for positive externalities to qualify "hero", he probably played a part in creating a large number of the companies you have ever heard of, employing millions and large part of the succes…
> He is a defacto investment hero. Would you kindly clarify what “defacto investment hero” means? Hopefully not in cult-like definitions. To be clear, i am not looking for any positive externalities, just wondering what he did to warrant being called a hero. That’s it.
"a person who is admired for their courage, outstanding achievements, or noble qualities. "a war hero" ".
With not much imagination I bet you could place him in one of the categories.
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I mean, half of Australia views Don Bradman as a hero and all he really did was play cricket very well. Same with certain actors (Alan Rickman springs to mind), chess legends like Gary Kasparov, albeit on a smaller scale. I think I understand what you're getting at - Charlie Munger didn't change the world the way, say, Jonas Salk did - but that doesn't mean that people aren't going to idolize him. He was at the top o…
Thank you for your response. It’s understandable some people will idolise him - pretty much like they can do same for anyone else, no matter how big or small, benevolent or malevolent his/her impact is. Was just wondering if there is objectively something justifying the definition or it’s deeply subjective. Guess I grasped the answer by now
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He is a defacto investment hero. Berkshire Hathaway is reality in sea of insanity. They defined the strategy of finding companies with a good structure, good fundamentals, and a good product and capitalising them. If you are looking for positive externalities to qualify "hero", he probably played a part in creating a large number of the companies you have ever heard of, employing millions and large part of the succes…
> He is a defacto investment hero. Would you kindly clarify what “defacto investment hero” means? Hopefully not in cult-like definitions. To be clear, i am not looking for any positive externalities, just wondering what he did to warrant being called a hero. That’s it.
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>Arguably the guy did nothing worthy of admiration. Hm, isn't that a purely subjective thing? And did he really did nothing worthy of admiration? Isn't it admirable to be great at your job? To write books that people read and enjoy, and draw inspiration from?
That’s why i put the word “arguably. Because it seems to be debatable and naturally i would like to hear the other side. Clever and smart scammer is extremely great at his job sending people into poverty. Absolutely great at the job. Is it admirable? I’ll leave the judgment to you.
I feel like you're just trying to understand someone else's position, but you're coming across as very militant. Tangential: do you disagree that someone could consider an athlete a personal hero?
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I read they use that methodology at Google X - the team take pride in proving ideas can't work by doing the hardest part first. There's some good blog posts on how this works and how they kill projects fast.
I don't interpret it the same way as you. My understanding of Munger's intent: find the issues and risks that you are not aware of, by looking at the project from a different perspective. What Google X (and many others) do: do the most risky parts first, so you fail fast and minimize the wasted effort (save time and money by not doing the less risky parts first, in case the project is doomed).