If you rise in life, you have to behave a certain way. You can go to a strip club if you're a beer-swilling sand shoveler, but if you're the bishop o… - Charlie Munger

Which models are the most reliable? Well, obviously, the models that come from hard science and engineering are the most reliable models on this earth. And engineering quality control — at least the guts of it that matters to you and me and people who are not professional engineers — is very much based on the elementary mathematics of Fermat and Pascal: It costs so much, and you get so much less likelihood of it breaking if you spend this much. It’s all elementary high school mathematics.

Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group... then to hell with them.

Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group…then to hell with them.