20 Things To Avoid (According To Charlie Munger)

I posted the first Charlie Munger quote to Instagram on April 11, 2020.¹ Making new content based on the 400+ quotes helps me synthesize Charlie’s most important ideas. I hope you find this useful.

“A lot of success in business and in life comes from knowing what you want to avoid…”

20 Things to Avoid

1. asininity (link)

2. being late (link)

3. being unreliable (link)

4. buying Bitcoin (link)

5. credit card debt (link)

6. difficult things (link)

7. forgetting your mistakes (link)

8. following the crowd (link)

9. fooling yourself (link)

10. forgetting what you’re trying to do (link)

11. hyperactivity (link) (link)

12. interrupt the compounding process (link)

13. leverage (link)

14. lying (link)

15. making decisions when you are tired (link)

16. mediocre opportunities (link)

17. multi-tasking (link) (link)

18. over-spending your income (link)

19. win-lose situations (link)

20. working for someone you do not admire (link)

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1. The day before, the New York Times reported that hospital morgues were overflowing. One local hospital ran out of body bags. It was a dark time in NYC, and I am beyond grateful that things are starting to open-up again.