Charlie Munger: Mental Models for the Rest of Your Life

[@TheSwedishInvestor]

Thanks for watching! If you enjoyed this one, here is PART 2: kzbin.info/www/bejne/mZjJpnh7o9iod8U

[@pjtopjj9238]

Hi can you please share which software are you using for making these videos. Thanks

[@masternobody1896]

invert always invert

[@simonsmith-jg6wl]

Morning Swedish investor sorry to bother you can you tell the name of the man Charlie munger gave a share to Robert ….

[@randomuser7375]

RIP Charlie Munger 😢

[@zumanahaseen6657]

1. Swiss Army approach to learning 2. Be careful of who you learn from 3. Invert, always invert 4. Compounding 5. Crush your cherished beliefs

[@InvestorCenter]

I have studied Charlie and Warren for the last five years and it has been so helpful. Without them, I never would have landed my job I have now working at a large investment fund. I owe any “success” I have to them

[@chrisp5529]

Don't sell yourself short on your own merits mates.

[@nikolasovilj6169]

have you gotten any formal education before landing that job?

[@tudor8963]

@@nikolasovilj6169 I used to say I don’t need to go to university because I already know what I need to become successful. I realised that most of the things I knew, I couldn’t afford to see if they are truths or lies. I decided to go study economics in the Netherlands. Studying concepts while investing short term and long term. It will very educational to me academically and non academically. I suggest taking the path that defines you more.

[@ajatmitra9495]

Charlie Munger : Worldly Wisdom. Ray Dalio : Principles. Every successful person is essentially a great thinker.

[@counterpoint9260]

or they are Donald Trump

[@caniblmolstr452]

​@@counterpoint9260who bankrupted a perfectly running business he inherited from his father

[@wnose]

​@@counterpoint9260 lol "successful"

[@Mene_Marry]

It isn't the learning that's so hard , it's the unlearning 🙂

[@Proteinsavage4020]

🧠 Great statement

[@shakeib98]

I have been struggling with my team of 15 people in office, as recently my responsibilities got expanded and I am working in the innovation dept as well. This video is the thing I needed to get a starting point.

[@DBarnes1991]

Thank you for this series. I have come to find Charlie Munger to be the most straight to the point and real person when answering financial questions.

[@dhananjaykrishna2377]

People worship Warren buffet, but then slowly realize Charlie Munger is the real deal.

[@patmarco2251]

Haha if he was the real deal how come Buffett’s net-worth is over 40x Munger’s? no to take anything away from his ability to analyze financial data and educate himself. The difference is he is willing to talk and Buffett just repeats the same 10 or so concepts because he will never truly pass on his formulas!

[@onlyeightpsi]

@@patmarco2251 Munger has also mentioned his goal in life financially was to become independent, and not so much to achieve huge returns. Buffett's drive on the otherhand is huge returns

[@agi1013]

@@patmarco2251 not everything in life is calculated by monetary reasons.

[@Joseph-on7nf]

@@patmarco2251 Charlie is smarter than Warren (Warren and his son both said so) And to be honest some of Warren's best investment strategies and his favorite companies came from Charlie.

[@KyleJBales]

they are both the real deal in their own ways..which is why they are so yoked and in one accord with one another. perfect partnership.

[@plinh6473]

As an amateur investor, I find myself thinking too much while Charlie's way is simple and obvious.

[@JackTGreat]

There's no such thing as thinking too much, just thinking about the wrong thing.

[@perilousjose6622]

Analysis paralysis

[@christianthorpe1770]

RIP Charlie ❤

[@shaibuvictor2984]

This is easily the best series on KZbin.

[@andrewosburn4376]

As a Charlie Munger fanatic, this is my new favorite KZbin series. I’m already eager for part 2!

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

[@BoykieMackay]

Excellent breakdown of Munger's Mental Models. I'm hooked. Ready for part 2 ...

[@Historyteacheraz]

One of many wise ideas from Charlie. For those looking to learn more A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good place to start.

[@WilliamJonesChess]

Best moments You can pick mentors who are dead It is not the learning that is so hard. It is the unlearning. 17:25

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

[@harshityadav7963]

Keep up the awesome content. love from India ❤️

[@vishalnangare31]

🙋🙋

[@pratheeshgeorgemathen8599]

👍

[@prakhargupta852]

You may not realize but your videos are changing the lives of many investors. Keep it up ....

[@TheSwedishInvestor]

I'm truly thankful for your support Prakhar Gupta! I hope you'll enjoy the coming parts too.

[@jingtek]

Yeah I agree with this one, I think I already recommend this channel to probably close to 100 of my friends who want to learn to invest from zero Great works bro 👍

[@rg1283]

This series is brilliant. Thanks!

[@bethisway]

Very nice quality brotha. Love this one. Very clean and organize. Easy to understand.

[@ravindrashinde5466]

Swedish Investor .Munger is a boon to the world and you making these concise summaries are a boon to me . I cannot read on the go but surely can play these to remind myself about Munger .. Your hard work comes out right through the video ….

[@MiguelRaggi]

I disagree with the "don't try to work things out yourself". Maybe "don't ONLY try to work things out for yourself". But trying (and failing) to figure things out for yourself before looking at the solutions others have come up with is really important.

[@DSmith-ix1xf]

The advantage that books have over other learning media is that the eye movement required to read, disengages the fear mechanism in your basic brain structure. This makes entering into unknown territory far less stressful.📖

[@TheRuNNeRs22]

do you have a source for this thesis?

[@AcharyaChanakya108]

@@TheRuNNeRs22 Look up Dr Andrew Huberman talking about the technique 'EMDR'.

[@TheRuNNeRs22]

@@AcharyaChanakya108 But did He say emdr is active while reading a book?

[@MrPhrenzy]

@@TheRuNNeRs22 and if he did, did he say it's not active while using other media?

[@natpurdon9668]

Thank you so much, Swedish Investor. Looking forward to the next parts!

[@user-wc7em8kf9d]

AMAZINGLY GOOD ! Congrats for this one.

[@miskovv1]

Your ability to absorb, recapitulate and present knowledge in such a visual way keeps impressing me! Awesome video as usual! Thank you very much :)

[@TheSwedishInvestor]

I'm flattered by your kind words! Cheers miskovic 🙌

[@valentinstoyanov304]

You are getting better and better! Admirations for what you do.

[@Thinking_ProblemSolving]

Mental models are like the compass of the mind, guiding us through the uncharted waters of life. They help us navigate complexity, make better decisions, and understand the world with clarity. Learning and applying these models is truly a journey to wisdom. 🌟🧠 #MentalModels #NavigateLife

[@alber.a1232]

Very interesting. And very interested with these series of videos. I’ll be aware👌🏻

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

[@thirdiview1230]

I watch every video you put out. You sir provide the best wealth building tips thank you

[@omuriloribeiro]

A Brazilian Entrepeneur, copywriter and investor sent me here. His name is Ícaro de Carvalho as know as 'Dad''

[@drewsXR650L]

Great work, Thanks for producing these :)

[@jasondupreez1444]

Love it. Thanks for the huge emphasis on Buffet and his team of patners. So much to learn from him and Charlie.!! Keep it up!

[@PlantStock]

Perfect, I was looking for something like this 😊

[@Krogzaxants]

Hi, good to see you here as well. Learned so much from this channel!

[@Ahmad-ps9zh]

Amazing work, a great contribution to the investment community, and among those great videos I'll have to keep rewatching till it sinks deeper.

[@odhiteshgaming6374]

1:45 Why he said that line is it bad that I want to avoid misery and being rational.

[@labiancami]

Looking forward for the 2nd part!

[@francondado]

What program do u use to make dat amazing videos!!??

[@Quickonomics]

I am friends with a lot of smart and successful people... even though most of them don't know that yet. :D

[@AdTru]

By far your best video!

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

Great video! The inversion mental model is my favorite one.

[@e.manuel]

What an incredibly awesome video! Bravo 👏!!

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P ..

[@malmsteengreece]

Wait for the second part! It was very good

[@cz7886]

One of your best videos ever, great work! Thx

[@prakhargupta852]

I love your videos. If possible please make video on what to see in financial statements when buying IT stocks , by warren buffett.

[@raymondflagstaff2919]

CASH coming in, not going out

[@isaacbrown5510]

There are some things you can't learn from others, no matter how many books you read on the subject. There are also things that people have "learned" that are simply not true. It's critical to be able to come to your own conclusions based off of the best material, even if that means rejecting what is there.

[@OurWorldofDanceSport]

Unlearning stuff is ideed difficult. In dancing we face those situation a lot. Thank you for sharing.

[@sefonefinpsefnpefn4191]

best invest youtube video! I am currently reading poor charlie’s almanack. your video helps me to understand more deeply!

[@tcheutchouasteve2717]

Thank you for this video 👌🏽

[@financial_wizard_india8263]

According to me this the best video on your KZbin channel 👌

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

[@Gourab__paul]

Wow! Do you also have the presentation.Will you share the contents of the PPT. I will stick it on my wall,

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

[@juliusarndt1290]

Thank you very much for your effort, it was very helpful for me! I would like to summarize the most important mental models for me from your series. A transcript would help me a lot. Would it be possible to post link to the transcript of each video?

[@shadowrazor2384]

Excited for the series

[@lunardiramli8010]

hi, may i know where do you get those of all munger's mental models? Is there any books that explain about it? Thanks in advance! Great summaries!

[@En_Gho]

Loved this video. Keep up the great work.

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

[@sir_crab2080]

Superb, CANT wait to watch the other parts Thank you

[@benjamins5165]

Love this video, honestly all your videos. Is there a book you used to reference charlie's mental models?

[@prakhargupta852]

Can't wait for part 2.....

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P ..

[@gabolillotravels]

Great content! When is the next one coming?

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P .

[@msanleon]

Thanks for making such great content

[@randomuser7375]

Thanks for making these videos. Instant subscribe!

[@spdwivedi5925]

Great start man

[@futuristic426]

I am learning Charlie's mental models via your videos. Can I trust you?

[@TransactionBourse]

Wonderful video, thank you very much. Keep up the amazing work!

[@ninaapostol202]

Sure is a wonderful video. Stocks are really good, but my life have changed since I swapped from stock to forex.

[@ssgill]

Very engaging presentation. Thank You.

[@agustinizaguirre9460]

I think that KZbin videos are nothing like books, clearly but Also are very helpful. So you should learn with both books an audiovisual material. Also talk with smart people, etc etc

[@ostrich9999]

wonderful insights and templates for the challenge called LIFE! Does Charlie have templates of the various subsets of the the sciences i.e wave theory, electro-magnetism, astronomy, biology, chemistry etc. Did Munger publish these templates? thanks in advance!

[@Daniel03031979]

Excellent! Please, If possible explore, in part 2, what does Munger means by using the expression "Lolapalloza Effect". It's something a bit unclear to me.

[@TheSwedishInvestor]

Hey Daniel! It will definitely come in one of the later parts 👍 Thank you for the support, cheers!

[@moshashem]

First thanks i was looking for this for long time, second is there a book that has more details about these mental models ?

[@fixedshot]

Is there a book of this? this would be great!

[@Jun-zq3bn]

timely video as i just read the mental models blog on farnam street!

[@Jun-zq3bn]

beware of scams from bots

[@ChiChi-sw5iu]

I love the Warren x Charlie duo 😌👍

[@thalessilva1]

Great video man Waiting for next👍😉

[@abhijitpandya584]

Great video, very simply put for easy viewing. Everyone should watch

[@gergelykovacs2618]

Can't wait for the next part. Cheers from Hungary.

[@smo1062]

Great videos, thanks for creating and sharing :)

[@AurelioPita]

Great work, my friend.

[@mscottveach]

"Benjamin Franklin, one of America's presi--founding fathers."

[@podcasttakes]

I made an app as a side-project and thought you would be interested in having a look, after all, it's about learning mental models with AI: learnmentalmodels.co/

[@chrislayden1594]

Glad someone else noticed this

[@willb8841]

I am confused about the swiss army knife approach, is the whole premise of it to just handle different problems with different methods? I thought that is obvious and most people do it anyway. For example, if you had a sensitive friend and an angry friend, it would be clear to treat them differently.

[@TheSwedishInvestor]

Hey Will B, thank you for your comment. I think that the Swiss Army Knife Approach could be used as an idea to strive for more models and tools. To realize that one is never "done" with one's learning experience and to look for tools outside of one's comfort zone/main subject. There's power in learning the most essential stuff across multiple domains. I do agree that the idea is quite simple, but not too many people follow it in practice.

[@Dfm_Sushil]

Eagerly waiting 2 nd part.

[@algreen1]

Thank you for making this, really enjoyed it & thanks for the comment feature. Looking forward to more parts :)

[@Pjblabla2]

Awesome topic and great video ... Thank you

[@mansooramir5579]

it is very important to learn how to work with human beings and it's resources

[@alwynkotze9891]

I would say this is a great video content wise and I'd say I picked up a few good bits of knowledge. The jokes are really bad though, but it's definitely not your fault that you're Swedish and also not your fault that Swedish people aren't funny. Other than that, top video - keep it up!

[@stevo948]

Great vid!

[@loremipsum3625]

thanks for the video 🙏

[@josephsm4661]

Great work!!! ❤️

[@shashankgoudboorgu7921]

Excellent video!!!

[@cryptotrading5672]

Very informative thank you

[@wtidowu]

Amazing info, I appreciate this

[@BossFloYeaLike]

This is truly great info! Thank you!

[@MiroslawHorbal]

Looking forward to the rest of the videos!

[@user-pi9yh6vq9h]

Thanks for watching and comments, We will introduce you to something totally different and quite profitable like BTC. Just DM *+ 1 6 8 9 3 5 6 8 7 8 6* @ W H A T S A P P ..

[@gsftom]

Thanks for sharing!

[@ricwurui]

Great video. Thanks!

[@alstoncerejo6884]

The punches that you miss are the ones that wear you out - Benjamin Graham

[@prateekbohra7610]

Bro keep em coming

[@phattranhuutruong2761]

Wonderful. I am so excited when i see your videos, useful and easy to memory. Thank you for sharing.

[@thefinancialjazz1276]

my keynotes from this video: When you need a new tool but haven't already got bought it, you are already paying for it. Don't just have one approach to any problem, have many methods of approaching problems for different situations. learn from the best in your craft even if they are dead . invert use compound interest FEEL free to add any notes that I missed

[@xzLianji]

Great summary!

[@agustinizaguirre9460]

Actually marketing IS about the quality of the product, I would rather say how the product satisfaies the consumer the best, bit since te quality Is asignated by the consumir, It's the same To sum up, marketing It's about the 4Ps product, publicity, price and place, but Many people only think about the publicity

[@iterator_]

Can anyone share the soft-copy/pdf of this book? Thanks in advance.

[@iterator_]

Messaged you on WhatsApp....

[@supreetmahurkar183]

Thanks man , amazing presentation