In the realm of wise investors and business moguls, Charlie Munger, the billionaire business partner of Warren Buffett, is a source of valuable advice. His interests span wide, but they all converge on a singular focus: the pursuit of wealth, happiness and the avoidance of making dumb mistakes. During the 2023 Berkshire Hathaway Inc. annual meeting, Buffett expressed his desire to be born in the present day, considering it a superior world compared to any before. He acknowledged that modern comm
It’s a common problem. Rich guys routinely presume they have more expertise then they do regarding their vanity projects, some of which actually get built.
The Behind the Bastards ep on Stockton Rush and Oceangate, and his failure to acknowledge his submersible is deteriorating across several missions serves as an amazing cautionary tale to this effect.