“There’s no way that you can live an adequate life without many mistakes.
In fact, one trick in life is to get so you can handle mistakes. Failure to handle psychological denial is a common way for people to go broke.”
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"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."
Charles Thomas Munger (Age-99) (born January 1, 1924) is an American businessman, investor, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his closest partner.
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Mechanism motto: There’s no way that’s going to happen.
The problem with denial: Denial is more than just avoiding a potentially threatening thought or circumstance—it involves vehemently denying the fact that it even exists. It blinds you with unrealistic optimism.
'Inbox Zero' is a concept introduced by Merlin Mann, a way to handle your email by processing them to zero.
This is achieved by taking appropriate actions like filing, noting or replying, to all your emails, ensuring no unanswered emails remain to make you anxious, so you can live your life...
Learning from your mistakes is one thing. Dwelling on them wastes your time, diminishes your confidence, and keeps you from getting on with your life.
Dwelling makes you feel like a failure. When you feel like a failure, it’s easy to tell yourself there’s no point in trying, because you al...
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