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Basic Rules

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Charlie Munger: The Principles that Led to His Success and Legacy
career-advice2 years ago

Charlie Munger: The Principles that Led to His Success and Legacy

Charlie Munger, the late Vice Chairman of Berkshire Hathaway and Warren Buffett's closest business partner, shared his three basic rules for career satisfaction. First, don't sell anything you wouldn't buy yourself, as delivering what you would want as a customer builds trust and integrity. Second, avoid working for anyone you don't respect and admire, as it can be detrimental to your growth. Lastly, work only with people you enjoy and have an intense interest in the subject matter. Munger believed that assiduity, or perseverance, was crucial for success and emphasized the importance of luck in finding the right partners.