Thinking Across Cycles
"The way to win is to work and hope for a long life."
Think in decades, not quarters — long-term vision is the ultimate competitive advantage.
Read Full Analysis →Charles Thomas Munger (January 1, 1924 – November 28, 2023) was an American businessman, investor, and philanthropist. He served as vice chairman of Berkshire Hathaway and was Warren Buffett's closest partner for over five decades. Munger was renowned for his multidisciplinary approach to investing, advocating for the use of mental models from various fields including psychology, economics, physics, and biology....
"The way to win is to work and hope for a long life."
Think in decades, not quarters — long-term vision is the ultimate competitive advantage.
Read Full Analysis →"We have a passion for keeping things simple."
Simple, obvious investment decisions yield better results than complex, clever ones.
Read Full Analysis →"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid."
Consistently avoiding mistakes generates better returns than chasing brilliance.
Read Full Analysis →"I think it's important to reason from first principles rather than by analogy."
Reason from fundamental truths rather than by analogy to similar situations.
Read Full Analysis →Charlie Munger has 4 key principles on thinking methods. The most important one is "Thinking Across Cycles" — The way to win is to work and hope for a long life.
Charlie Munger applies thinking methods through several key principles including "Thinking Across Cycles" and "Easy Decisions". These principles guide practical investment decisions and have been tested across decades of market cycles.
Charlie Munger's approach to thinking methods is distinguished by a focus on long-term thinking and fundamental analysis. With 4 specific principles in this area, Charlie Munger provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.