On Wisdom and Learning from the Best
Munger advocates studying what capable thinkers have already worked out. His advice emphasizes accuracy, curiosity, and disciplined learning from others.
THE IDEA
Charlie: Yes, I Am Passionate about Wisdom
Charlie: “Yeah. I am passionate about wisdom. I am passionate about accuracy and some kind of curiosity. Perhaps I have some streak of generosity in my nature and a desire to save values that transcend my brief life. But maybe I am just here to show off. Who knows? I believe in the discipline of mastering the best people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody is that smart li.”
Mr. Brown: “Do you have an explanation for practical experience over ideological ideas and people? Why are people doing that?” he said softly.
When to use it
When solving complex problems, research how others have approached similar issues before attempting original solutions.
In education, design curricula that expose students to the greatest works and thinkers in each discipline.
In personal development, create a habit of reading biographies and studying the methods of high achievers.
FROM THEORY TO EVERYDAY LIFE
In practice
Applying the Principle in Business Strategy
A startup founder studies Amazon and Apple to understand how they approached particular business problems. The founder then checks which lessons fit the new company’s circumstances.
Learning a New Skill
A piano student learns finger placement and music theory through a structured curriculum and studies recordings of accomplished pianists. This provides methods to practise rather than requiring the student to invent them.
A MOMENT TO REFLECT
Put it to work.
In what areas of your life do you try to reinvent the wheel instead of learning from those who have already mastered the subject?
How can you adopt the discipline of studying the best that has been thought and said in your field?
What biases or ego might hold you back from seeking out and applying wisdom from others?
CONTINUE THE CONVERSATION
Source texts
- The Art of Being Rational Charlie Munger