Charlie Munger

A study of Charlie Munger: Harvard Law without a degree, the losses he survived, forty-five years beside Warren Buffett, and the bets on Costco and BYD. At its centre is his 'latticework' of mental models as a 3D web, with a Lollapalooza mode where several biases fire at once.

It exists because Munger's ideas are quoted everywhere and rarely used. Laid out as a connected web, it becomes clear the value is in combining models, not collecting them.

What to take from it: before a big decision, invert it — ask what would guarantee failure, then avoid that. And sort every choice into yes, no or too tough.