The second helpful notion mimics Galileo’s50 conclusion that scientific reality is often revealed only by math as if math was the language of God. Ga… - Charlie Munger

Without numerical fluency , in the part of life most of us inhibit , you are like a one-legged man in an ass-kicking contest.

The first helpful notion is that it is usually best to simplify problems by deciding big no-brainer questions first. The second helpful notion mimics Galileo’s50 conclusion that scientific reality is often revealed only by math as if math was the language of God.

The first helpful notion is that it is usually best to simplify problems by deciding big no-brainer questions first.

Without numerical fluency … you are like a one-legged man in an ass-kicking contest

The safest way to get what you want is to deserve what you want.

When Warren lectures at business schools, he says, “I could improve your ultimate financial welfare by giving you a ticket with only 20 slots in it so that you had 20 punches, representing all the investments that you got to make in a lifetime. And once you’d punched through the card, you couldn’t make any more investments at all.” He says, “Under those rules, you’d really think carefully about what you did, and you’d be forced to load up on what you’d really thought about. So you’d do so much better.

Show me the incentive and I will show you the outcome.