Career · Modern investor letters

Charlie Munger:Munger's 1994 USC Talk, Additional Excerpt 9

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

So the most useful and practical part of psychology—which I personally think can be taught to any intelligent person in a week—is ungodly important. And nobody taught it to me by the way. I had to learn it later in life, one piece at a time. And it was fairly laborious. It's so elementary though that, when it was all over, I felt like a fool.

Source: https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator:Archived transcript, additional excerpt 9 · Verified:2026-10-19 · Verification:Short excerpt

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