We both insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think… - Charlie Munger

We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.

What I found, in my extended attempts to complete by informal means my stunted education, was that, plugging along with only ordinary will but with the fundamental organizing ethos as my guide, my ability to serve everything I loved was enhanced far beyond my deserts. Large gains came in places that seemed unlikely as I started out, sometimes making me like the only one without a blindfold in a high-stakes game of pin the tail on the donkey. For instance, I was productively led into psychology, where I had no plans to go, creating large advantages that deserve a story on another day.

The great algorithm to remember in dealing with this tendency is simple: an idea or a fact is not worth more merely because it’s easily available to you.

It's not supposed to be easy. Anyone who finds it easy is stupid.