Charlie Munger is a billionaire investor, business mogul and ‘Warren Buffett’s right-hand man’. While it would appear he has everything, he didn’t always have it so easy.
He grew up during The Great Depression and saw how his family was dealing with the economic crisis. Then at 29 years old, his marriage crumbled, he lost a child to cancer, and a terrible cataract surgery left him with pain so severe that he removed his left eye. Perhaps it was what he endured that contributed to his ability to be resilient and sharp in the face of extreme challenge. Here's what we can learn from Charlie Munger...
2 Lessons We Can Learn from Charlie Munger
Improve The Content You Consume
Thanks to the internet there is so much information available at our fingertips. The problem is that it’s really easy to get trapped into group-think. If we want different results from the herd then we’re going to have to think differently. To do that, we must read constantly, about different topics, cross-pollinating ideas, testing our theories, and applying them.
“In my whole life, I have known no wise people who didn't read all the time — none, zero.” Charlie Munger
Keep It Simple.
Sometimes figuring out which cryptocurrency to invest in feels like having 1,000 tabs open on your computer. You’re trying to learn about every coin, protocol or project but the problem is you’re everywhere and nowhere. To build long-term wealth, avoid getting overwhelmed or lured into investing in every asset under the sun. You’ll find your competitive advantage lies in how simple and streamlined your thinking is.
“Take one simple idea, and take it seriously.” Charlie Munger.
At Netcoins, We’re Helping Our Customers Get a Competitive Edge With Content
We believe
that in order to invest wisely into crypto, our customers must also understand what’s going on in politics, economics and society. It simply isn’t enough to stay on top of crypto news, exclusively.
That’s why we’re excited to announce our new partnership with
!
The Peak is a breezy, smart, fun - and 100% free - morning newsletter that summarizes the top Canadian and global business stories (Charlie Munger-approved!) in 5 minutes or less. Some topics they cover include the Canadian Elections, the Evergrande crisis sending crypto prices tumbling down, the AUKUS submarine agreement and more.
If reading isn’t your thing, they also have a podcast called “
” that lets you get up-to-speed with a fun and smart breakdown of the three biggest Canadian business stories in less than 10 minutes.
In short, The Peak is the best way to get all the news you need to be a better investor.
What You Can Expect from this Partnership
Over the next month, you’ll be seeing some cross pollination of content between The Peak and Netcoins via our newsletters, blog and social channels. We’ll be providing our customers with news around the Netcoins product, the crypto industry
and
relevant Canadian/global business news.
If you’re new to crypto, here are some resources to help you get started:
Crypto Academy for Beginners
6 Things to Consider When Vetting a Crypto Investment (from our blog )
Podcasts on why bitcoin matters to your financial future
At Netcoins, we understand how valuable quality content is to the productivity of our customers’ lives.
We hope this content partnership will help our customers create a mental toolbox that helps them make better investing decisions in the long-term.
You can
here.
Do you want to
purchase bitcoin? Netcoins has you covered with lots of different cryptocurrencies !
The information provided in the blog posts on this platform is for educational purposes only. It is not intended to be financial advice or a recommendation to buy, sell, or hold any cryptocurrency. Always do your own research and consult with a professional financial advisor before making any investment decisions. Cryptocurrency investments carry a high degree of risk, including the risk of total loss. The blog posts on this platform are not investment advice and do not guarantee any returns. Any action you take based on the information on our platform is strictly at your own risk. The content of our blog posts reflects the authors’ opinions based on their personal experiences and research. However, the rapidly changing and volatile nature of the cryptocurrency market means that the information and opinions presented may quickly become outdated or irrelevant. Always verify the current state of the market before making any decisions.