Life: kids

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Why do kids like repetition? They are very creative at that age and according to Transactional Analysis theory, future behavior is decided by kids development between the ages of 0 and 5. So, howcome when you are most creative in life, you can watch the same movie or hear the same story 50 times?

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Marry the best who will have you and other wisdom from Munger and Buffett

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Random Learnings From The Books I Read In 2018

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Munger and Buffett: Wise Words with Peanut Brittle

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The first weekend of May just passed. That means I was in Omaha to attend  Berkshire Hathaway's  annual shareholder meeting along with 35.000 other people including  Bill Gates  and  George Lucas . The meeting always begins with two or three new humorous short films starring Charlie Munger and Warren Buffett, Vice-Chairman and Chairman of Berkshire Hathaway respectively. There is the same  serious short film  every year as well; Warren Buffett's 1991 testimony to the congressional committee on the  Salomon Brothers  scandal. The film has a famous line from Buffett," Lose money for the firm and I will be understanding. Lose a shred of reputation and I will be ruthless." I wish more firms followed this philosophy. See my summary of the 2012 meeting here .   Buffett and Munger on the stage. See the peanut brittle?      Both Munger and Buffett are my heroes. I like Munger more for his multi-disciplinar...
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