The more hard lessons you can learn vicariously rather than through your own hard experience, the better.
Charlie MungerIntense interest in any subject is indispensable if you're really going to excel in it.
Charlie MungerIn my whole life, I have known no wise people who didn't read all the time - none ... ZERO.
Charlie MungerIf the technology hadn't changed, they [newspapers] would still be great businesses. Network TV [in its heyday], anyone could run and do well. If Tom Murphy as running it, you'd do very well, but even your idiot nephew could do well. Fortunately, carbide cutting tools [such as those made by Iscar] don't have these types of substitutes.
Charlie Munger