Psychiatrists

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Psychiatrists are very good at defining and explaining things that, for the most part, are made-up  Hence, consistently increasing their market size. Brain is probably the least understood thing in science today. And somehow, Diagnostic and Statistical Manual of Mental Disorders (DSM-5) has hundreds of disorders with subcategories explained in around thousand pages. 

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

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Obituary: Charles T. Munger

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My hero, Charlie Munger , passed away on November 28th, 2023. He was 99 years old.  I met Munger in 2007 at my first Berkshire Hathaway shareholder meeting . It was admiration at first few words. I liked his depth of understanding in multiple domains, his honesty, and his willingness to share his wisdom. Since then I have read all his available writings and seen him many times in Omaha or Los Angeles at various shareholder meetings. He profoundly influenced Warren Buffett and the entire investing and business world. The world has lost a great leader, thinker, and teacher.  Munger's response to my letter      Since meeting Munger, I continue to learn from him and share what I am learning.  Following are a few Munger teachings that have become my habits:  1. Inversion: When you want to solve a problem, start with inverting the problem. For example, if you have to figure out how to keep the airplanes safe, work on figuring out how they can crash...
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Systems Thinking as taught by Ackoff

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