Charlie Munger: Mental Models for the Rest of Your Life (PART 4) - Deepstash

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The main understanding we have of filters is that it is different sorting methods that we use for a computer when searching things up

It can apply to real life as well when making a decision we can automically cancel the options that don’t fit in our filter

For example when thinking of a company to work for we can cancel all the companies that don't treat their employees fair. This mental model can also apply to investing as well


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The Fat Pitch Strategy

The fat pitch strategy is mostly used in investing but can be used in other ways as well it states the value in deliberating waiting and thinking of things before you make a decision

For instance imagine if you had only 20 investments in your whole lifetime you would think about every single investment you made to make sure it was right?


141 reads

Because You Are Worth It

Dont just want things deserve things. If you want money don’t just want to be rich deserve to be rich.

This is a mental model that will help you put in the work needed to succeed it will make sure you deserve the things you get. To deserve something you must meet the opportunity while being prepared


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Probablity Mindset

For most of your decisions you can follow a probability mindset everything has a probability of success and a probability of failure make sure you are deliberating your decisions making sure you have the best option of success


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Follow Me For The Rest Of The Mental Models

They are 7 parts of this series make sure you follow my profile so you don’t miss any of these mental model it helped me get a new job in this recession that I love


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