The Value of Mental Models in Investing: Lessons from Charlie Munger

Are you looking to improve your investing skills? Charlie Munger, a well-known investor and business philosopher, has developed a set of mental models that can help investors make more informed and effective decisions. In this article, we explore several of Munger’s mental models and how they can be applied to investing. From considering multiple perspectives and building a diverse set of mental models, to understanding the paradox of value and avoiding cognitive biases, these mental models can provide valuable insights for investors.