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Daily Thought
"All I want to know is where I'm going to die, so I'll never go there." - Charlie Munger
Charlie Munger is a master of inversion. He famously said, “All I want to know is where I’m going to die, so I’ll never go there.” This is more than a witty quote. It’s a powerful way of thinking and strategizing. Instead of focusing on the best outcomes, Munger starts with the worst ones. He asks himself, “What could go wrong?” and then avoids those situations.
This is not a pessimistic approach. It’s a realistic one. By inverting the problem, Munger flips the conventional wisdom on its head. He doesn’t chase success; he avoids failure. He clears the obstacles that could prevent him from reaching his goals. This is how he and his partner Warren Buffett have built one of the most successful businesses in history.
Let’s Discuss
Imagine a world-class chess player. Before every move, they don't just think about winning. They ponder, "What moves will make me lose?" This is inversion in action.
Inversion is a mental model/strategy that flips your objectives to reveal hidden flaws.
It’s one of my favorite strategies to bullet proof my businesses.
Let's me explain.
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