I pay a lot of attention to what Charlie Munger and Warren Buffet say.
Sometimes, I think all this writing and “coming up with new ideas” is a waste of time. The reason is because they have made it clear to me that being smart isn’t a prerequisite for success.
Rather, not being stupid gives you much higher probability of success.
Charlie Munger’s two rules that I revisit often.
Don't interrupt compounding unnecessarily
Instead of trying to be a genius, avoid stupidity
