1: Getting better at getting better is what RiseWithDrew is all about.
Monday through Thursday, we explore ideas from authors, thought leaders, and exemplary organizations. On Fridays or over the weekend, I try to share some wisdom or something I’m thinking about or working on.
May 4th will mark seven years of writing RiseWithDrew every weekday. Haven’t missed a day except for holidays.
For the last several years, I’ve done … continue reading
1: “I had a friend who carried a thick stack of linen-based cards,” Charlie Munger writes in Poor Charlie’s Almanack. Before his death at 99 in 2023, Charlie was Vice Chairman of Berkshire Hathaway and Warren Buffett‘s business partner.
“When somebody would make a comment that reflected self-pity, he would slowly and portentously pull out his huge stack of cards, take the top one, and hand it to … continue reading
1: Warren Buffett is one of the most successful business people in history. Berkshire Hathaway, the firm where he serves as Chairman, is valued at over $1 Trillion. Warren’s personal net worth is more than $150 Billion.
So how does this business titan spend his time?
We might be surprised, says Charlie Munger, his long-time business partner and former Vice Chairman of Berkshire Hathaway.
“If you watched him … continue reading
1: “Invert. Always invert.” Charlie Munger loved to quote the great algebraist Carl Jacobi.
Inversion is defined as: “A reversal of position, order, form, or relationship.”
Charlie is telling us the power of “turning the question backward.” Because “many hard problems are best solved only when they are addressed backward” he writes in Poor Charlie’s Almanack.
So that was his approach when he was invited to give a … continue reading
1: Salomon Brothers CEO John Gutfreund was about to get fired.
The year was 1991. A major scandal had rocked the prestigious Wall Street investment bank.
And, it was all so unnecessary, Charlie Munger writes in Poor Charlie’s Almanack.
Charlie should know. He had a front-row seat to all the action as Vice Chairman of Berkshire Hathaway, then Salomon’s largest shareholder.
2: The scandal happened when Salomon’s traders submitted … continue reading
1: Getting better at getting better is what RiseWithDrew is all about.
Monday through Thursday, we explore ideas from authors, thought leaders, and exemplary organizations.
On Fridays, to begin 2025, I will be sharing some of the wit and wisdom of the late, great Charlie Munger, Warren Buffett‘s business partner and the former Vice Chairman of Berkshire Hathaway.
Charlie developed a set of mental models that he used … continue reading
1: Getting better at getting better is what RiseWithDrew is all about.
Monday through Thursday, we explore ideas from authors, thought leaders, and exemplary organizations. On Friday, I share something about myself or what we are working on at PCI.
This Friday, we continue our search for wisdom as we push to end 2024 on a strong note and start 2025 with a bang.
So, what does our dog … continue reading
1: Monday through Thursday, we explore ideas from authors, thought leaders, and exemplary organizations. On Friday, I share something about myself or what we are working on at PCI.
Searching for a bit of wisdom as we push to end 2024 on a solid note and start 2025 with a bang? Read on!
Imagine we adopt a new puppy from the pet shop, suggests Peter D. Kaufman, CEO … continue reading
Charlie Munger has been called “one of the great minds of the 20th century.”He is Warren Buffet’s partner and co-chairman of Berkshire Hathaway.
Charlie describes himself as a “multidisciplinary thinker.” The Farnam Street blog notes that Charlie draws “heavily from the study of psychology, economics, physics, biology, and history, among other disciplines, in developing his system of ‘multiple mental models’ to cut through difficult problems in complex social systems. It … continue reading
“The basic axiom of clinical psychology reads, ‘If you could see the world the way I see it, you’d understand why I behave the way I do,’” says Peter Kaufman, the editor of Poor Charlie’s Almanack, the Wit and Wisdom of Charlie Munger.
This week we are looking at some of Peter’s wisdom.
“Now there’s two corollaries to that axiom,” he continues. “They’re logical extensions. They’re undeniable.”
Corollary … continue reading
