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CHARLIE MUNGER WEALTH WISDOM
Stoic Thought of the Day: 'It is in no man's power to have whatever he wants...'- thought-provoking lessons on contentment, resilience, inner peace, and stoic wisdom by the Stoic philosopherAncient philosopher Seneca offers a timeless lesson on happiness: true contentment isn't about acquiring everything you desire, but about a...
Chinese proverb of the day: 'Scholars are their country's treasure, and the richest ornaments of a...' - inspiring life lessons on knowledge, leadership, national prosperity and why education builds strong societiesChinese proverb of the day: This proverb underscores that true national wealth lies not just in material possessions but in educated minds....
6 books recommended by Warren Buffett that can change the way you think about money and successWarren Buffett attributes his immense success to continuous learning, emphasizing reading 500 pages daily to build knowledge like compound ...
Egyptian proverb of the day: 'People are measured by their minds and not by their years; for how many young ones have minds that weigh as much as a mountain, and how many elders have hearts as hollow as sugar cane?' Why more age does not always mean more intelligenceAn old Egyptian proverb says, “People are measured by their minds and not by their years; for how many young ones have minds that weigh as ...
Best proverb of the day: 'Anyone can be polite to a king, but...' Life lessons from African proverb on human character, humility, ecosystem ethics, arrogance, social status, intentional kindness and moral nobilityBest proverb of the day: "Anyone can be polite to a king, but it takes a gentleman to be polite to a beggar" is an African proverb that exp...
How a simple checklist can help investors avoid costly stock market mistakesMichael Shearn argues that long-term investing success comes less from prediction and more from discipline, research and process. By using ...
Quote of the day by Charlie Munger: "I figure that I want to swim as well as I can against the tides. I’m not trying to predict the tides"Charlie Munger’s quote on swimming against market “tides” highlights his belief that investors should not try to predict markets but instea...
Wealth wisdom of the day: ‘It takes great deal of boldness and caution to make a great fortune; and when you have got it...’ – Nathan Mayer Rothschild’s famous quote hides a big learningWhile individuals take numerous steps to multiply their wealth to build a notable fortune, little do they plan for what to do next. For som...
Quote of the day by Charlie Munger: ‘The world is not driven by greed, but is driven by...’ What famous investor taught about human behaviour and moneyCharlie Munger observed that despite immense progress in living standards, people remain unhappy due to constant comparison with others, dr...
Warren Buffett on why bubbles end badly – even when everyone knows they willWarren Buffett compared bubble investors to Cinderella at the ball: Everyone plans to leave just before midnight, but they are dancing in a...
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
Biblical proverb of the day: 'Wealth brings many friends, but the poor is separated from his neighbor'Proverbs 19:4 observes that wealth attracts many companions, while poverty often leads to isolation, highlighting a human tendency to value...
- Words of Wisdom 'Accept what is, let go of what was, have faith in what will be' offers philosophy of life, inner peace, happiness and teaches art of letting go
Today's Words of Wisdom offers timeless guidance for a meaningful life. It teaches the value of accepting reality, releasing the burdens of...
Stoic quote of the day by Epicurus: 'The wealth required by nature is limited and is easy to...' Why one of history's greatest philosophers believed that wanting less was the key to living moreStoic quote of the day by Epicurus: Epicurus reminds us that true wealth comes not from having more, but from needing less. According to Ep...
Did you know the key to building wealth is saying 'no'? Here are the 5 things rich people refuse to do, according to Charlie Munger’s wealth ruleCharlie Munger, Berkshire Hathaway's vice-chairman, identified five key areas where people seeking wealth often falter. He emphasized sayin...
Quote of the day by Arthur Schopenhauer: “Wealth is like seawater: the more we drink, the...” — A timeless wisdom lesson on money, success, happiness, human desire, and the hidden trap of never feeling enoughQuote of the day by Arthur Schopenhauer reveals a powerful truth about wealth, success, and happiness. Modern research shows rising income ...
Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
Wealth Wisdom of the day: ‘Big money is not in buying and selling. But in…’ – What you can learn from Charlie Munger’s adviceWarren Buffett's business partner and the longtime Vice Chairman of Berkshire Hathaway - Munger – passed away in November 2023, but his ast...
Quote of the day by Charlie Munger: 'You are not going to get very far in life based on what you already know...’; famous investor shares lessons on learning or growthLegendary investor Charlie Munger emphasized that future progress hinges on continuous learning, not just past knowledge. He advised gradua...
Quote of the day by Charlie Munger: 'The safest way to get what you want is to try to deserve what you want'; Warren Buffett's ex-associate shares his life lesson on how he succeededCharlie Munger advocates for earning what you want by deserving it, a philosophy he adopted early on. He emphasizes acting in a way that yo...