Saturday, July 09, 2005

What is Worldly Wisdom? (Charlie Munger thoughts)

For those who are not familiar with Charlie Munger's Worldly Wisdom, I attached below link to a speech given by him at the USC Business School (1994)...

http://www.paladinvest.com/pifiles/MungersWorldlyWisdom.htm

Just a final quote from Charlie T. Munger: " Acquire Worldly Wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with you peer group... then to hell with them."

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