prafull pande

"Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger" is a compilation of speeches, essays, and musings by Charles T. Munger. Munger is best known as the vice chairman of Berkshire Hathaway, where he is a partner of Warren Buffett. The book was first published in 2005 and is edited by Peter D. Kaufman. The almanack is not just a tribute to Munger's investing prowess but also a repository of his cognitive insights and philosophies. It encompasses a broad range of topics, from investment tips to ideas on improving personal thinking habits. Munger is well-known for his wit, clear communication, and for being a proponent of a multidisciplinary approach to problem-solving and decision-making, which he calls "elementary, worldly wisdom." The book is known for outlining Munger's approach to life and investment, including: 1. **Mental Models**: Munger emphasizes the importance of developing a lattice work of mental models, drawing from various disciplines like psychology, economics, physics, and biology to make better decisions. 2. **Circle of Competence**: Understanding the areas in which you have significant expertise and steering clear of issues outside of your circle of competence. 3. **Inversion Thinking**: Solving problems by looking at them backward (what not to do) rather than only forward (what to do). 4. **Checklists**: Using checklists to avoid making common mistakes in business and investing. 5. **Lifelong Learning**: Munger is a fervent advocate of continuous learning and self-improvement. "Poor Charlie's Almanack" is considered a must-read for those interested in finance, investing, and the development of personal thinking disciplines. Its title is a nod to "Poor Richard's Almanack," which was published by Benjamin Franklin and is known for its practical wisdom which Munger greatly admires. The book’s unique combination of humor, anecdotal storytelling, and actionable insights have made it popular among both investors and non-investors seeking to improve their decision-making skills.

The key message : As a Google employee, Zach Vorhies was alarmed by what he saw as the company’s gradual drift toward political partisanship and deliberate censorship. In the wake of Donald Trump’s election, he became increasingly disillusioned by the political course the tech giant seemed to be pursuing – in a campaign he alleged involved “blacklists,” AI, and the dismissal of dissent as “fake news.” Eventually, it all became too much for him, and Vorhies went public with his claims, revealing Google’s internal documents.

The key message : Creating visibility for disabled people means making space to contemplate the enormous diversity and complexity in disabled people’s stories. We can’t understand what it means to live as a disabled person without also understanding ableism and racism, and how that affects the ways in which disabled people are allowed to move in the world. Disability justice movements create vital spaces for respite and community-building.

The key message : There are economic fallacies that occur again and again. From the zero-sum fallacy that tells us that there must always be winners and losers to the fallacy of composition that mistakes the part for the whole, they’ve blighted economic policy and strategic thinking for decades. These fallacies have put obstacles in the paths of many well-intentioned activists, from environmentalists to anti-poverty campaigners. It’s only when these fallacies are dispelled that we can begin to solve the world’s problems.

The key message : Self-development is about more than just reading a few books on the topic. Ancient Greek and Roman philosophers show us it is a way of life – a daily practice – which involves asking the difficult questions of how we should live, both as individuals and as a society.

The big learning to take away from it : Genetics is rightly seen as a groundbreaking field with much to tell us about human health, evolution, and heritability. But it doesn’t tell the whole story – not by a long shot. The fact is that our DNA is like a script, one that can lend itself to many revisions and interpretations. Far from being wholly determined by our genes, our path through life is also affected by how those genes are expressed: affected, in other words, by epigenetics. And the implication of these epigenetic changes can be staggering – influencing everything from our mental health as adults to the likelihood we’ll die of cardiovascular disease. As a new frontier in human health, epigenetics is a field you’ll want to keep an eye on.

One of a kind in a market

The key message : The simple habit of high-fiving your reflection every morning can be enough to kick-start positive change in your life. It’s a gesture of support and self-belief with scientific underpinnings. And to really capitalize on the power of the High Five Habit, pair this gesture with deliberate efforts to shake up your existing mindset. Train your mind to highlight the positives in life, act like the person you want to become, and start thanking people instead of apologizing to them.

Science to Hack your brain’s reward-based learning system to break free from cycles of fear & worry.

The key message : Peter Thiel’s controversial personality and politics were shaped in response to what he perceived as the leftwing consensus at Stanford. His reactionary views have informed his career as a Silicon Valley entrepreneur, venture capitalist, and hedge-fund manager – in a major way. But, while the supposedly liberal Silicon Valley appears to be a world away from Peter Thiel, they both actually have a great deal in common.