A couple of announcements before I begin today’s post –
1. Value Investing Workshop in Mumbai, Dallas, New York: I am organising in-person workshops on Value Investing in –
- Mumbai: Sunday, 14th April
- Dallas (US): Saturday, 27th April
- New York (US): Saturday, 11th May
If you are in or around these cities and wish to attend, kindly register here.
2. The Sketchbook of Wisdom: Special Offer until 20th April 2024: I have published an abridged version (44 pages) of my upcoming book, “The Worldly Wisdom of Charlie Munger.” This version contains 30 of his best lessons on life, decision-making, and investing. It’s not available for sale separately as of now, but you can get it for free until 20th April 2024 with your order of The Sketchbook of Wisdom. Read more and order here.
In the endnotes of his brilliant book, Winning the Loser’s Game, Charles Ellis wrote about two of his best friends who, at the peak of their distinguished careers in medicine, agreed that the two most important discoveries in medical history were penicillin and washing hands (which stopped the spreading of infection from one mother to another via the midwives who delivered most babies before 1900).
Ellis’s friends also counselled him there was no better advice on how to live longer than to quit smoking and to buckle up when driving.
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