Career · Modern investor letters

Charlie Munger:Munger's 1994 USC Talk, Additional Excerpt 7

Charlie Munger《A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business》· USC Business School, 1994 · Leadership · Cognition · Action · Philosophy

So there's an iron rule that just as you want to start getting worldly wisdom by asking why, why, why, in communicating with other people about everything, you want to include why, why, why. Even if it's obvious, it's wise to stick in the why.

Source: https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator:Archived transcript, additional excerpt 7 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

What does this passage say about how you work today?

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