It's an effective sales technique in America to put a foolish projection on a desk. And if you're an investment banker, it's an art form. - Charlie Munger

Three rules for a career: 1) Don't sell anything you wouldn't buy yourself. 2) Don't work for anyone you don't respect and admire. 3) Work only with people you enjoy.

As he says, “We have three baskets for investing: yes, no, and too tough to understand.

My second prescription for misery is to learn everything you possibly can from your own experience, minimizing what you learn vicariously from the good and bad experiences of others, living and dead. This prescription is a sure-shot producer of misery and second-rate achievement.