Soft science should strengthen the basic scholarly spirit and methods imitating hard science. Here the hard sciences, Is exponential, physics, Four disciplines of chemistry and engineering. Munger spent a lot of energy, Master the basic academic spirit and methods of hard science, He used this method to learn various soft sciences, Increase interdisciplinary universal wisdom. It is not given to human beings to have such talent that they can just know everything about everything all the time. However, it is given to human beings who work hard at it. Who look and sift the world for a mispriced bet – that they can occasionally find one.”

Griffin offers an elegantly unified theory of Munger's ideas, organized in a coherent framework from a generous sampling of his scattered remarks in various forums over many years. Intelligent, thoughtful, helpful—and a delight to read. Lawrence Cunningham, author of Berkshire Beyond Buffett: The Enduring Value of ValuesAlso, it’s worth noting that Franklin is the author of another book — The Way to Wealth — from which this blog draws its name. Andrew Carnegie The mapping of the human genome’s 23 chromosome pairs was arguably the most significant scientific breakthrough of the 20th century. In Genome, Matt Ridley spends a chapter on each chromosome pair, telling its story and discussing the history of our species. The Warren Buffett Portfolio For example, buy Wal-Mart when Sam Walton first goes public and so forth. And a lot of people try to do just that. And it’s a very beguiling idea. If I were a young man, I might actually go into it.” Benjamin Franklin accomplished much in his life, including success as a scientist, an inventor and an American founding father. His autobiography is a testament to the power of hard work and relentless self-improvement, detailing his rise from a humble childhood to success and fame. Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company’s owners are slim at best.”

Anyone who is even remotely active and concerned with investing will know of Charlie. For those whom the name means nothing, this book will more than capably fill in the gaps and dispense a lot of wisdom along the way.I am not entitled to have an opinion unless I can state the arguments against my position better than the people who are in opposition. I think that I am qualified to speak only when I have reached that state.”

The book is one of the primary business texts in North America. So it shouldn’t surprise you that I was first introduced to this as part of my MBA program.Catch the cat’s tail, The man who lifted the cat upside down, Will learn lessons he can’t learn elsewhere. — — mark·Twain. 2.7 The efficient market hypothesis How did humans come to dominate other animal species? And how does our evolutionary heritage affect the way we live? In The Third Chimpanzee, Jared Diamond explores several human behaviors and how they relate to our animal origins. Living Within Limits

Another case in point of his generosity is his donations of three million dollars to the University of Michigan Law School in the year 2007, for upgrading lighting in Hutchins Hall and the William W. Cook Legal Research.But when you analyze what happened, the big money’s been made in the high quality businesses. And most of the other people who’ve made a lot of money have done so in high quality businesses.