On November 28, local time, Berkshire Hathaway announced on its subsidiary Business Wire** that Charlie Munger, vice chairman of the board of directors, passed away peacefully in a California hospital that morning. He was 99 years old.
On this ordinary day, we lost a legend in the investment world, Charlie Munger.
Warren Buffett once commented on him: "Charlie is always showing me things I've never seen." As Warren Buffett's right-hand man, the value he creates is immeasurable, and Munger's achievements, models, and formulas all tell his greatness, and his life, learning Xi and decision-making methods are all worth learning Xi.
Charlie Munger's life is a continuous exploration of investment wisdom and life philosophy. He once said:"I think if you want to be really successful, you have to keep learning and Xi and keep improving. ”
His philosophy is surprisingly in line with the philosophy of "lifelong learning Xi of the Shang Sect Association, and we firmly believe that continuous learning and Xi self-improvement are the keys to business success and personal growth.
Charlie Munger, Vice Chairman of Berkshire Hathaway, has had a profound impact on business leaders around the world with his investment philosophy and life wisdom.
Since its establishment, the Shang Clan Association has been committed to helping entrepreneurs explore the true meaning of teamwork and leadership in the business world. Munger's model of pluralistic thinking also encourages us to think outside the traditional framework and look at problems from different perspectives, he said"You have to know what you know, and you have to know what you don't know. ”This self-awareness is very important for us as founders and investors. In the world of business, we need to have a clear self-awareness in order to find the right direction in a complex business environment.
The Shangzong Association plays the role of a bridge between Geyou and Geyou, and between Geyou enterprises and Geyou enterprises, encouraging everyone to learn from each other and Xi grow together. He proposed"I always think backwards".It is also an important way for us as founders and investors to look for opportunities and discover possibilities in the face of challenges.
Munger's wisdom of life also deeply affects each and every one of us. His lifelong Xi and spirit of continuous exploration coincide with the values of "sports, health, learning, Xi growth, altruism, and empowerment" advocated by the Shang Sect Association. In the downturn of China's economy, we are committed to building a "most influential and close business alliance in China", so that entrepreneurs can grow together in exchanges and cooperation, and continue to play the role of a bridge in the downturn of China's economy.
We are deeply saddened by the passing of Charlie Munger, who is not only a master of investment, but also a beacon of wisdom that has inspired the trajectory of countless people's lives"A person's life should be like a river, calmly flowing to unknown places. ”We are confident that his wisdom and spirit will live on forever.
In this fast-changing business world, only by finding one's own position can one realize one's own value, Shangzong will continue to move forward, grow in challenges, and innovate in exploration. We look forward to working with outstanding entrepreneurs to create a more outstanding future.
Charlie Munger, go all the way!
And finally:
As Charlie Munger said, "I believe that it is a science to grasp the wisdom that others have already discovered." I don't believe that anyone can sit down and think of everything for themselves, no one is that smart. "Learning from smarter people Xi is to stand on the shoulders of giants, and compile some classic quotes from Charlie Munger to encourage everyone:
1.If you want to persuade others, appeal to profit, not reason.
In business communication, understanding and exploiting the other party's interests is often more effective than mere logical reasoning.
2.I never allow myself to have an opinion unless I can give reasons against it.
The importance of critical thinking is emphasized. As entrepreneurs and investors, we should look at the problem from multiple angles, considering all possible outcomes and risks.
3.The best investment is in yourself.
Personal growth and knowledge accumulation are the cornerstones of business success. Continuous learning Xi and self-improvement are essential qualities for every founder and investor.
4.Wisdom is never enough, and the wise are always learning Xi.
In an ever-changing business environment, lifelong learning Xi is key to staying competitive.
5.For complex adaptive systems, as well as for the human brain, problems tend to become easier to solve if you think backwards.
In complex situations, thinking differently can help simplify the problem and find a solution.
6.Acknowledging your ignorance is the first step to gaining more knowledge.
Self-awareness and humility are the keys to success. Knowing our limitations can help us make better decisions.
7.You don't need a lot of action, but a lot of patience. You have to stick to your principles, and when the opportunity comes, you try to seize them.
In business, patience and waiting for the right moment is often more important than acting blindly.
8.Avoiding mistakes leads to better results in the long run.
Focus on risk management, long-term planning, and Xi from mistakes to achieve sound and sustainable growth.
9.I succeed because I have a long attention span.
Maintaining a long-term focus on tasks, goals, and opportunities allows for a more thorough analysis of complex situations and ensures better solutions.
The picture comes from the Internet, invaded and deleted.