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8 Ways to Becoming Smart Like Charlie Munger (Learning the Inversion Mental Model)
Charlie Munger is considered one of the greatest investors of the 20th century. As a Vice Co-chairman of Berkshire Hathaway with his also brilliant and well-known partner Warren Buffet, they collaborated to create a staggering wealth of investment portfolio. Additionally, Charlie is modest and relies on ways of thinking called “mental models” that have served him throughout his life to become super successful. What makes Charlie’s mind tick? What are (what he refers to) his “bag-of-tricks” that he relies on to analyze and dissect businesses and investments that have made Berkshire Hathaway and his portfolio of investments such a success? “I was very lucky because every place I’d looked, at…
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8 Ways to Start a Journal This Year
I am always amazed by the people who have consistently kept a journal documenting their lives. Keeping a daily diary or journal is a habit that many renowned men and women have made throughout history. A journal is a form of personal record keeping of events, experiences, observations, and even lessons learned, done regularly. Some forms of journals include a personal diary or journal, a work journal, or an academic journal. I started my journaling journey a decade ago using a paper journal, a Moleskine, and now converted to digital notes and a small notebook. Moreover, my journaling practice has served as a place to self-reflect, document my life, and…
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8 Lessons from the Book “The 7 Habits of Highly Effective People” by Stephen Covey
There’s one self-development book that has profoundly shaped the way I think of life, success, and productivity. The book is “The 7 Habits of Highly Effective People” by Stephen R. Covey. Covey’s self-help tome has become widely popular and influential in the modern age since its 1989 publication, translated into over 40 languages, and it has become a classic. When I read this book during college, I had an epiphany about how a productive, effective person could be, and it created a framework for personal and professional success based on seven fundamental habits. When I first read the book, I was at a loss as a young adult, and I…
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8 Daily Habits That Will Make You Successful
Successful people are successful because they have habits that can power and lead them to success. Aside from having clear goals, being proactive, being open to learning, and being disciplined, there are certain daily habits many successful people have in common that align them to their purpose, grounds them to become more mindful, and make them more productive than most others. We can all adopt these specific habits to lead us to our own inevitable success. Here are 8 daily habits of successful people that will make us successful. 1. “Early to Bed, Early to Rise” Benjamin Franklin wrote in his book “Poor Richard’s Almanack” that “early to bed, and…
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The Power of Forgiveness: 8 Reasons Why We Should Forgive Ourselves and Others
The act of forgiveness is a potent and meaningful world. Letting go, rekindling connection, loving, trusting, and living at peace sounds out of reach. Forgiveness gives us the inner peace that we deserve. Most of us find it very hard to grant the person who hurt us another chance. We like to spare our memory banks from that feeling of pain. During this holiday season, we must realize that holding on to pain limits our happiness in enjoying this seasons of love. Many of us return home for the holidays. Thanksgiving and Christmas holidays are seasonal holidays that can be met with trepidation. Some can feel anguish and fear, especially…