Career · Modern investor letters
Charlie Munger：Munger's 1994 USC Talk, Additional Excerpt 6
Charlie Munger《A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business》· USC Business School, 1994 · Cognition · Philosophy · Leadership
He had another rule, from psychology, which, if you're interested in wisdom, ought to be part of your repertoire—like the elementary mathematics of permutations and combinations.
Source：
https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator：Archived transcript, additional excerpt 6 · Verified：2026-10-19 · Verification：Short excerpt
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