A Lesson on Elementary, Worldly Wisdom

About this speech

Munger's mental-models framework delivered to USC Law graduates in May 2007. The case for cross-disciplinary thinking and ruthless avoidance of dumb decisions.

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Books that develop these ideas

• Thinking, Fast and Slow · Daniel Kahneman
• Principles · Ray Dalio
• The Almanack of Naval Ravikant · Eric Jorgenson

Related concepts

• First principles thinking
• Inversion thinking
• Lindy effect