Always Keep Learning And You'll Get a HUGE Advantage! | Charlie Munger | Top 10 Rules

He's an American business magnate, lawyer, investor, and philanthropist.

He's Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by Warren Buffett.

He's also the chairman of the Daily Journal Corporation, based in Los Angeles, and a director of Costco Wholesale Corporation.

He has a net worth of 1.3 billion USD.

He's Charlie Munger and here are his Top 10 Rules for Success.

1. Always keep learning
2. Deserve what you want
3. Know the edge of your own competency
4. Be a survivor
5. Practice the right approach
6. Understand what you are doing
7. Invest in trust
8. Know all of the big ideas
9. Swim as competently as you can
10. Don't submerge into self pity

Sources:

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[LyraScotch]

Charlie is 91 and still thriving. A lifetime of wisdom in 10 minutes, thank you.

[justinyoung]

Favorite rule is Always Keep Learning. Once you think you know everything, you lose the meaning to live. Life is a constant journey of growth. Thanks Evan!

[stanedwardsjrrelationshipi]

always keep learning. I've become addicted to learning lately and that one really stuck with me

[stevegreen]

For me... business-wise the best rule is:
"You want to deliver to the world, what you would buy if you were on the other end."

[danielwalley]

"Deserve what you want" is so sensible. Hardly anyone emphasizes that and yet it really is the crux of the matter. I love how clear minded Charlie is.

[cyvn]

Two dudes in the back during the graduation ceremony are like: When can I leave to go play "War of Lords."?

[KydaIndie]

I always meant to research Charlie Munger, but I never got around to it. Thanks for beatin me to the punch!!

[Newfuturebuilder]

BTA6. All these tips are gold!!! I love the fact that he brought up investing in trust. Its a great principle to create long term relationships.

[garydixon]

Charlie Munger, is a man of many years. His wisdom goes beyond his years. Thanks for posting it Evan.

[bobbylaughlin]

Charlie has had such a profound impact on my life. I'm so grateful you consolidated all of these wonderful insights. So many will benefit.

[letsboogie]

Evan you are the MAN!! and Charlie Munger is one of my favorite business role models, thanks bro

[Prof_corrective]

know the big ideas. this is so true. all great books expound on what history and life has taught us. as we expand and grow in consciousness these truths become even more apparent. The fact that he leaves you to discover the big ideas for yourself, is a great challenge to the masses

[innerworth]

I love listening to Charlie and Warren. So much wisdom and so much candour and humility, quite uncommon qualities, especially in successful and rich businessmen.

[superRecon]

Already logged in to my mental Roladex of Inspirational information. This was awesome. Thanks for the post.

[whatsupdanger]

Reading about Munger in blogs doesn’t compare to actually watching and listening to him speak. Everything makes much more sense in his own words.

[pameladewall]

The guy at the end asked what I learned. Here’s my notes: education-deserve humor respect imaluments deserved trust deliver what u would want to buy if curcumstances were reversed. Humility in the umbrella sense . Know ur limits.readjust .regect feelings of betrayal.dont be a victim of thinking ur a victim.wag-a legal mind is a mind to think.disipline Vs. Fool.ideas carry 95% of the freight.practice.attitude helps. Be capable of Web efficient.useful.economics. Firms vs. independent proprietors.know.- get an A.practice.walk and look.heaven.independant success.microeconomics.bet on ur conclusions. Swim competently.pkay endurance cycles.life Vs. Me.recover behavior well.float. Thank u charlie😉

[cz]

My favourites are deserve what you want and practice the right approach, you always have to pay the price, if you want to improve yourself.
Thank you Evan for your tremendous work you have been doing for us!

[DJ-vsrr]

The last rule for me....view set backs and tough times as challenges to overcome, not the end of the game.

[michaelaraya]

Rule number 4 is my favorite, Thank You Evan for your great work.

[CharlieWIT]

#10. Nice work Evan. The messages are just as relevant as the day you produced it.