I REALIZED IN THOSE DAYS HOW TENUOUS OUR EXISTENCE IS,” HE WROTE IN HBR. “WE HAVE ONLY ONE LIFE, AND IT MUST BE LIVED TO THE FULLEST—NOT SOMEDAY, BUT NOW.
Originally asked
The Guardian, to a different person each week, The Q&A
Verbatim recurring item in The Guardian Q&A; two fully readable publisher-hosted respondent pages establish institutional recurrence.
You answer as yourself. Nobody on FLAPSS answers as anybody else.
USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗
Others on this question
View all 153 →I think I actually wrote it in one of my poems is that my decline has been the making of me - I forget how I put it. Yeah, simply more reflective. I haven't got the excuse of moving forward just on impulse anymore, which I did, I think, for a long, long time.
To be here in this one moment.
Don’t answer every question you’re asked.
More from Charlie Munger
View profile →inversion frequently will solve problems which nothing else will solve. And in life, unless you’re more gifted than Einstein, inversion will help you solve problems that you can't solve in other ways.
The highest form that civilization can reach is a seamless web of deserved trust. Not much procedure, just totally reliable people correctly trusting one another. That's the way an operating room works at the Mayo Clinic. If a bunch of lawyers were to introduce a lot of process, the patients would all die. So never forget, when you're a lawyer, that you may be rewarded for selling this stuff, but you don't have to buy it. In your own life, what you want is a seamless web of deserved trust. And if your proposed marriage contract has forty-seven pages, my suggestion is you not enter.
They win the respect, the deserved trust, of the people they deal with, and there is huge pleasure in life to be obtained from getting deserved trust. And so the way to get it is to deliver what you’d want to buy if the circumstances were reversed.
John Wooden, when he was the number one basketball coach in the world. He just said to the bottom five players, “You don't get to play. You're sparring partners.” The top seven did all the playing.
I realized very early that non-egality would work better in the parts of the world I wanted to inhabit. What do I mean by non-egality? I mean John Wooden, when he was the number one basketball coach in the world. He just said to the bottom five players, “You don't get to play. You're sparring partners.” The top seven did all the playing.
Luckily, I got at a very early age the idea that the safest way to try and get what you want is to try and deserve what you want. It's such a simple idea. It's the golden rule so to speak. You want to deliver to the world what you would buy if you were on the other end. There is no ethos, in my opinion, that is better for any lawyer or any other person to have.
More on time & hindsight
- When were you happiest? 585 answers
- What advice would you give your twenty-year-old self, and what should they ignore? 92 answers
- What scares you about getting older? 69 answers
- What is the best advice you have ever received? 37 answers
- What is something you were told by a parent, teacher, or mentor that you still repeat to yourself? 26 answers
- If you could have a gigantic billboard anywhere, what would it say and why? 25 answers
Also answered this
Kiran Mazumdar-Shaw, Warren Buffett, Gino D'Acampo, Derek Sivers, Bobbi Brown, Akio Toyoda
Search the directory for somebody in particular.
Explore further
- All time & hindsight questions
- The The Q&A questionnaire — 25 questions from the same format
- Explore the archive — by field, age, era, and subject