A Conversation with Distinguished Alumnus Charles T. Munger

I just try and avoid being stupid. I have a way of handling a lot of problems. I put them on what I call my too-hard pile. Then I just leave them there. I’m not trying to succeed in my too-hard pile.

Charlie Munger (in this at Caltech from last week). Complement with this talk on the Psychology of Human Misjudgment.