Good morning and welcome to the Increasing Reimpact podcast. I'm Justin Sua, episode

2011. And today I want to share with you four principles from Charlie Munger. Now,

Charlie Munger is someone who I've studied for many years. I love his wisdom. I love how he

compresses knowledge and information. And you should learn and read a lot about

him. But here are three, here are four principles that I really like. Number one, quote,

spend each day trying to be a little wiser than you were when you woke up day by day. And at the

end of the day, if you live long enough, you'll get out of life what you deserve.

You don't have to be brilliant, once a little bit wiser than the other guys, on average,

for a long, long time.

Principle 2. Assume life will be really tough and then ask if you can handle it. If the answer is yes,

you've won. The game of life is the game of everlasting learning. At least it is if you want to win.

Number three, the way to win is to work, work, work, work, and hope to have a few insights. And you've probably, and you're probably not

going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up.

It's just that simple. And the last principle, there's an old two-part rule that often works

wonders in business science and elsewhere

number one take a simple basic idea and two take it very seriously close quote

the one that really resonates with me is trying to go to bed a little wiser than you then you woke up.

And I think that is the essence of this podcast, the Increase Your Impact podcast, get a little bit better.

We constantly talk about doing a little bit, a little by little, a little becomes a lot.

My question for you is which of those four principles resonate with you?

And how can you apply it to

your life today have a great day and we'll do it again next time

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