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Charlie Munger on Guaranteeing Misery

If you want to fail in life, advises Charlie Munger in his 1986 Harvard commencement, “learn everything you possibly can from your own personal experience, minimizing what you learn vicariously from the good and bad experience of others, living and dead.”

This explains the tagline for Farnam Street: Mastering the best of what other people have already figured out.

It also explains why I read so much and try to retain as much as I can.