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Collection: Charlie Munger - #221 'How to Live a Happy & Contented Life?'



[Transcript]

BECKY QUICK 00:00

Charlie, another viewer writes in, Kumar, he says, "You seem extremely happy and content. What’s your secret to lead a happy life?"


CHARLIE MUNGER 00:08

Well, I always say the same thing: realistic expectations, which is low expectations.


If you have unreasonable demands on life, you're almost – you’re like a bird that’s trying to destroy himself by bashing his wings on the edge of the cage. And you really can’t get out of the cage. It’s stupid.


You want to have reasonable expectations and take life’s results good and bad as they happen with a certain amount of stoicism.


There’ll never be any shortage of good people in the world. All you got to do is seek them out and get as many of them as possible into your life. Keep the rest the hell out.


 

[YAPSS Takeaway]

  • Have realistic expectations, which is low expectations. Don't be a bird that's trying to destroy himself by bashing his wings on the edge of the cage. It's stupid.

  • Seek for good people in the world and bring them into your life. Keep the rest in hell.

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