These are all great; the one about soldiering through, and the personal responsibility regardless of your situation, always seem the hardest and most useful takeaways from what Munger teaches. At some point in the last ~5 years, I picked up the phrase "one foot in front of the other" as like a constant voice in my head. Whatever goes on, whatever happens... one foot in front of the other again, and again, and again. It's a simple idea, but the moment you stop moving, you start decaying. And that is a not an option.
I read a story about a 80 year old man who showed up to a bodybuilding gym and got a trainer. He said "I have to lift some weights; my life depends on it." He had just seen one of his friends finally pass away much younger than him. His friend had been injured (and I am not pointing fingers at this friend, I hope he had a great life), and never worked on getting back to his old strength... and then he couldn't walk far... and then couldn't walk... and so on. And then he died unhealthy without strength.
The 90-year-old said he wanted to keep moving as long as he could because if he could move and get stronger, he would survive longer. I started working out after reading that story. Seems like the same idea in a different area of life - health.
Inversion is always a fun one too - and it has the added benefit of making you sound intelligent in investment committee meetings when you turn problems around haha. I wrote about that idea here, and gave a bit more background and other examples of the idea of Inversion... if of interest to anyone (sorry that I am on Beehiiv so I can't be a cool Substack link here)! https://butwhatfor.com/p/suppose-wanted-kill-lot-ofpilots
Thank you - and I took a ~2 year hiatus from writing, and actually sending my first new issue this Friday... will see how many of my subscribers are still listening (about half your size); will be linking to this article here as well on Friday. Shame I am on Beehiiv, otherwise I think the links would be more interactive. Regardless, hopefully it is a win-win to share, to steal from Charlie up above.
As a side - why "Kingswell"? Am I missing a reference to BRK?
Kingswell doesn't have any connection to Berkshire. It's actually the name of the street where Walt Disney founded his studio back in the 1920s in L.A. I've always been a big fan of Walt Disney's work as a creative type and a businessman, so I used that as the name for this site. (When I started this, I hadn't really planned on it becoming so Berkshire and Buffett-centric.)
It really does work well across the whole spectrum of a person's life. Incidentally, "keep moving" was also my grandma's biggest motto (and she lived to be 99) so I try to always keep it in mind.
These are all great; the one about soldiering through, and the personal responsibility regardless of your situation, always seem the hardest and most useful takeaways from what Munger teaches. At some point in the last ~5 years, I picked up the phrase "one foot in front of the other" as like a constant voice in my head. Whatever goes on, whatever happens... one foot in front of the other again, and again, and again. It's a simple idea, but the moment you stop moving, you start decaying. And that is a not an option.
I read a story about a 80 year old man who showed up to a bodybuilding gym and got a trainer. He said "I have to lift some weights; my life depends on it." He had just seen one of his friends finally pass away much younger than him. His friend had been injured (and I am not pointing fingers at this friend, I hope he had a great life), and never worked on getting back to his old strength... and then he couldn't walk far... and then couldn't walk... and so on. And then he died unhealthy without strength.
The 90-year-old said he wanted to keep moving as long as he could because if he could move and get stronger, he would survive longer. I started working out after reading that story. Seems like the same idea in a different area of life - health.
Inversion is always a fun one too - and it has the added benefit of making you sound intelligent in investment committee meetings when you turn problems around haha. I wrote about that idea here, and gave a bit more background and other examples of the idea of Inversion... if of interest to anyone (sorry that I am on Beehiiv so I can't be a cool Substack link here)! https://butwhatfor.com/p/suppose-wanted-kill-lot-ofpilots
Yep, I love that idea of just keep moving. I really liked your linked story, too. Definitely including that one in my Must-Reads section on Friday.
Thank you - and I took a ~2 year hiatus from writing, and actually sending my first new issue this Friday... will see how many of my subscribers are still listening (about half your size); will be linking to this article here as well on Friday. Shame I am on Beehiiv, otherwise I think the links would be more interactive. Regardless, hopefully it is a win-win to share, to steal from Charlie up above.
As a side - why "Kingswell"? Am I missing a reference to BRK?
Best of luck with your "re-launch" on Friday!
Kingswell doesn't have any connection to Berkshire. It's actually the name of the street where Walt Disney founded his studio back in the 1920s in L.A. I've always been a big fan of Walt Disney's work as a creative type and a businessman, so I used that as the name for this site. (When I started this, I hadn't really planned on it becoming so Berkshire and Buffett-centric.)
Love it - very Farnam-esque of you!
Thanks for sharing!
"Keep moving" is a beautiful mantra for all of the dimensions of our wealth (financial, physical, spiritual, mental/emotional, social).
Munger would say that if you aren't continuously learning or "moving," you are declining.
It really does work well across the whole spectrum of a person's life. Incidentally, "keep moving" was also my grandma's biggest motto (and she lived to be 99) so I try to always keep it in mind.
Wow, what a lady!
I suppose we should consider listening to this mantra if a number of people have been there and done that before us with success 👍
“Warren, think it over and you’ll agree with me — because you’re smart and I’m right.”
I picture a conversation like this between Charlie and John Adams or Thomas Jefferson. Charlie would defer to Franklin.
I was just looking through some old articles about Charlie — and Rick Guerin said that he used this same line on him, too. 🤣
The weird thing is that when I've tried using this line myself, it has resulted in very unwelcome responses.