Charlie Munger on How to Never Argue with Warren Buffett |  HBO/KFF 2016【C:C.M 319】

Charlie Munger on How to Never Argue with Warren Buffett | HBO/KFF 2016【C:C.M 319】

[Transcript]

 

CHARLIE MUNGER: We never had an argument. We just kind of roll with it easily. We never had a fight.

 

But, suppose Warren doesn't want to do something that I would have done, and suppose that happens four times over forty years or something, what the hell difference does it make to me? Why should I fuss over that?

 

And also suppose one of us makes a mistake that the other wouldn't have made, and that happens four or five times, why should anybody care? Net, the record is working out fine.

 

Yeah, we believe you should go at life with a certain amount of equanimity and rationality.

 

Source: https://youtu.be/F6s2HAzMeL0?si=4K5VrYDekx8W07Z3

 

[YAPSS Takeaway]

You should go at life with a certain amount of equanimity and rationality, minor disagreements or mistakes are insignificant in the long run.

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