Charlie Munger praises this 1 skill of Warren Buffett's—without it, 'you won't get very far in life' via CNBCMakeIt
Without a doubt, Charlie Munger and Warren Buffett are a match made in heaven. After working together for more than 40 years, the two legendary investors still hold plenty of respect and admiration for one another.
"Without lifelong learning, you're not going to do very well. You're not going to get very far in life based on what you already know," says Munger. As the cliche goes, success is about the journey and not the destination. So what does a learning machine look like?Munger's observation lines up with what Buffett himself has said about himself — that he often reads up to 500 pages a day.
In his speech, he argues that you can't make smart decisions with just isolated facts. The knowledge you gather from"learning all the big ideas and all the big disciplines" will help you attack problems from different angles.
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