Risk Doctrine1 book · 2 highlights
Consistently Not Stupid Beats Brilliant
Books Teaching This Pattern
Evidence
Charlie Munger
Tren Griffin · 2 highlights
“It’s remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent. There must be some wisdom in the folk saying, “It’s the strong swimmers who drown.””
““Knowing what you don’t know is more useful than being brilliant.””
Related Patterns
Signature MoveIntrinsic Value Through Cash Flow Not MomentumSignature MoveStock as Business Ownership Not Ticker SymbolCornerstone MoveMr. Market as Servant Not MasterStrategic PatternFree Cash Flow as Valuation BedrockOperating PrincipleBottom-Up Only ValuationSignature MoveIndependent Thought Over Herd Regression