2026
Charlie Munger Thought Faster and Harder Than Almost Anyone: The 7 Mental Models Behind It
Charlie Munger, former vice chairman of Berkshire Hathaway, made complex decisions at a speed that other executives and investors had envied for decades. He had no secret formula. He built what he called a network of mental models, a set of ideas borrowed from several fields and stacked on top of each other until a […]
5 Types of People You Shouldn’t Trust According to Warren Buffett
Warren Buffett has spent more than eight decades studying business. He spent just as much time studying people. The figures in a balance sheet can be verified. A person’s character can often only be verified when it matters most, and at that point the price is already paid. Buffett’s warnings about unreliable people appear in […]
How Charlie Munger’s ‘Reversal Thinking’ Helped Him Become a Billionaire
The late Charlie Munger spent six decades as a partner of Warren Buffett at Berkshire Hathaway. He built much of his own fortune before the two men crossed paths. Ask him how he did it, and he won’t hand you a list of clever tricks. He will tell you to stop thinking forward and start […]
Warren Buffett’s ‘Mr. Market’ Rule: 5 Lessons About the Panicked Voice That Fools Even the Smartest Investors
Benjamin Graham invented Mr. Market to explain why stock prices fluctuate much more than the companies behind them. Warren Buffett took his teacher’s idea and continued to use it, letter after letter to shareholders, decade after decade, at Berkshire Hathaway. Imagine a business partner who shows up at your door every day. Some mornings he […]
Charlie Munger’s ‘Man with the Hammer’ Warning: 7 Ways This Thinking Error Ruins Smart People’s Decisions
The late Charlie Munger liked to quote an old phrase about tools and problems. In his 1995 Harvard speech on human error of judgment, he put it this way: “To the man with the hammer, every problem looks like a nail.” He wasn’t describing stupidity. He was describing something more dangerous, the kind of narrow […]
Warren Buffett’s Noah Principle: How to Prepare Before the Storm
Warren Buffett has published a letter to shareholders almost every year since 1965, and the 1981 edition hides one of his most brutal lessons about risk. He called it the Noah Principle. The idea takes minutes to understand and a lifetime to put into practice. You get no credit for recognizing the danger. The merit […]
The Psychology of Human Misjudgment: Charlie Munger’s 10 Prejudices That Explain Why Smart People Do Stupid Things
The late Charlie Munger, longtime vice chairman of Berkshire Hathaway, gave his famous speech titled The Psychology of Human Misjudgment at Harvard in 1995. He later expanded it in Poor Charlie’s Almanack into a catalog of 25 cognitive tendencies that cause intelligent people to make terrible decisions. Munger has spent decades studying why brilliant doctors, […]
Charlie Munger Believed Wealth Comes From These 5 Mental Habits That Middle-Class People Never Develop
The late Charlie Munger spent more than fifty years explaining how he built one of the greatest investment fortunes of the last century, and his answers kept coming back to habits of mind. He gave them credit speech after speech, until his death in 2023. Five of these habits recur in his responses to shareholder […]
The 10 worst decisions you can make in your life, according to Warren Buffett
Warren Buffett built one of the greatest fortunes in history, but ask him directly about it and he rarely talks about stock picking. He talks about mistakes. Over seven decades of letters to shareholders, campus discussions and interviews, he returned to the same mistakes, ones he saw ruin people who were smarter than him. Below […]
7 Brutal Truths From Charlie Munger That Will Help You Take Back Your Life
The late Charlie Munger built one of the greatest fortunes in American business history by telling people things they didn’t want to hear. He had no interest in receiving comfortable advice. He preferred the one that stings a little on first reading, stays with you all night, and then quietly reorganizes the way you approach […]