Quote by Charlie Munger - Deepstash
The glorification of busy

Learn more about books with this collection

How to prioritize and simplify your life

The importance of rest and relaxation

The benefits of slowing down

The glorification of busy

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Charlie Munger

"I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart."

CHARLIE MUNGER

683

3.04K reads

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“Words, definitions, propositions, statements, or goals don’t tell us anything. We need to understand what they mean. It is the same with knowledge. Knowledge is only valuable if it’s useful and something is only useful if we understand what it means.“

PETER BEVELIN

673

1.31K reads

Using Rules And Filters

  • Filters help us prioritize and figure out what makes sense. When we know what we want, we need criteria to evaluate alternatives. Ask: What are the most critical (and knowable) factors that will cause what I want to achieve or avoid? Criteria must be based on evidence and b...

655

583 reads

How Goals Should Be

  • Clearly defined
  • Focused on results
  • Realistic and logical
  • Measurable
  • Tailored to our individual needs
  • Subject to change.

Meaningful goals need to be backed by reasons as a way of testing that we set the right goal.

689

1.1K reads

Cultural Evolution

Cultural Evolution

  • It relates to the practices, methods, tools, myths, ethics, and social norms that are important in the evolution of our behavior. Customs that we learn from the experience of our parents and others – either by teaching or observation.
  • Cultural evolution is ...

664

2.61K reads

Evolution

  • The theory behind evolution is that all individuals alive today have evolved from simpler, more primitive forms of life
  • There is fossil, anatomical and molecular evidence of evolution.
  • The major mechanisms responsible for the evolut...

661

3.7K reads

Psychological Reasons for Misjudgments

  • Underestimating the power of rewards and punishment
  • Valuing the present more highly than the future.
  • Over-influence by vivid or the most recent information.
  • Constructing explanations that fit an outcome.

719

1.94K reads

Confucius

"A man who has committed a mistake and doesn't correct it, is committing another mistake".

CONFUCIUS

931

11.7K reads

Evidence

Evidence

  • Evidence helps us prove what is likely to happen or likely to be true or false. Evidence comes from facts, observations, experiences, comparisons, and experiments.
  • Do what scientists do: Strive for objectivity. Scientists try to describe the world ...

647

834 reads

Simplification And Decision Making

Simplification And Decision Making

  • Make problems easier to solve. Turn complicated problems into simpler ones. Eliminate everything except the essentials. Break down a problem into its components but look at the problem holistically.
  • Be problem-oriented. Not method-oriented. Use wha...

694

1.01K reads

“It is our brain, its anatomy, physiology and biochemistry and how these parts function that set the limits for how we think. But since our brain’s parts also interact with our body’s anatomy, physiology and biochemistry, we must see brain and body together. They are part of the same system –...

PETER BEVELIN

709

5.39K reads

When We Fail To Understand Causes

When We Fail To Understand Causes

This translate into:

  • Not understanding what causes desired results.
  • Believing cause resembles its effect – that a big effect must have a big or complicated cause.
  • “Underestimating the influence of randomness in bad ...

672

1.08K reads

Models of Reality

  • A model is an idea that helps us better understand how the world works. Models illustrate consequences and answer questions like ‘why’ and ‘how’.
  • A valuable model produces meaningful explanations and predictions of likely future consequences where th...

650

1.14K reads

Failing To Consider Coincidences And Miracles

  • Underestimating that surprises and improbable events happen, somewhere, sometimes, to someone, if they have enough opportunities (large enough size or time) to happen.
  • Looking for meaning, searching for causes, and making up patterns for chance events

650

1.26K reads

We Can’t Eliminate Mistakes

We Can’t Eliminate Mistakes

... but we can prevent those that can really hurt us. If we understand what influences us, we might avoid certain traps and understand why others act like they do.

And if we learn and understand what works and doesn’t work and find some framework for reasoning, we will mak...

713

5.85K reads

Backward Thinking

  • Whenever we try to achieve a goal, solve problems, predict what is likely to happen or likely to be true or false, we should think things through backwards.
  • Avoid what causes the opposite of what you want to achieve.
  • Thinking backw...

684

928 reads

Having The Right Attitude In Life

  • Part of avoiding misjudgments and improving our lives is having the right attitude toward life.
  • Since people are different, there is no one-size-fits-all strategy. We each must figure out our own style. But there are guidelines that apply to us all...

662

1.13K reads

“There is always some background within which behavior makes sense. Behavior can’t be seen as rational or irrational independent of context. We are created with a series of emotions that are appropriate depending on circumstances. If we change context or environment, we change behavior.“...

PETER BEVELIN

711

3.46K reads

Biases That Influence Us Subconsciously

  • Bias from mere association seeing situations as identical because they seem similar.
  • Self-serving bias: Overly positive view of our abilities and future.
  • Confirmation bias: Looking for evidence that confirms our actions and b...

767

1.94K reads

CURATED FROM

CURATED BY

damien_i

"Imagination is more important than knowledge." - Albert Einstein

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Principles for seeking wisdom

  • Go to bed smarter than when you woke up.
  • "I’m not smart enough to figure everything out myself, so I want to master the best of what other people have already figured out."

Decide the consequences

The best way to figure out your own boundaries and consequences when people cross them is by sitting quietly down with yourself and making this all about you. 

Keep in mind: boundaries are about honoring your needs, not about judging other people's choices.

-TORU

I guess I don't really understand you yet…I'm not all that smart. It take me a while to understand things. But if I do have the time, I will come to understand you—better than anyone else in the world ever can.

-TORU

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