The best antidote to folly from an excess of self-regard is to force yourself to be more objective when you are thinking about yourself, your family … - Charlie Munger

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The best antidote to folly from an excess of self-regard is to force yourself to be more objective when you are thinking about yourself, your family and friends, your property, and the value of your past and future activity. This isn't easy to do well and won't work perfectly but it will work much better than simply letting psychological nature take its normal course.

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About Charlie Munger

Charles Thomas Munger (January 1, 1924 – November 28, 2023) was Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by investor Warren Buffett.

Biography information from Wikiquote

Also Known As

Native Name: Charles Thomas Munger
Alternative Names: Charlie Thomas Munger Charles T. Munger

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Therefore, if you interpret being true to yourself as requiring that you retain every notion of your youth, you will be safely underway, not only toward maximizing ignorance but also toward whatever misery can be obtained through unpleasant experiences in business.

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