Let's say your children are about to go off to college. Which 5 books would you give them to help them understand how the world really works and how to succeed in life. For me it would be: All I want to know where I'm going to die so I never go there Seeking Wisdom: from Darwin to Munger Poor Charlie's almanac How to win friends and influence people Lessons from History Thank you
Just listened to the AMA with Munger. I loved your comment on finding your life’s work and going all in. So here is my question (it may take me a second to articulate). My passion is around real estate investing - specifically new developments. I share my lessons and experiences and insights freely in a podcast and on social. What I struggle with is - am I sharing trade secrets that will encourage competition? Am I being foolish for sharing too much? At what point do you cross over to sharing too much? Ex - sharing investing principles and philosophy’s makes sense. There is nothing proprietary. Then, I hear about Rockefeller and Carnegie who were far more secretive in how they did business. I get it’s a choice. But would like to hear your thoughts. There is some upside (biz wise) from sharing. But if I’m honest with why I do it- it’s because I feel good doing it. My business partners feel I share too much and think it’s not the right approach. I’d be interested in your opinion on this. Pros and cons. Thanks Shane