📚 Excellent Advice for Living (Kevin Kelly) 📝, Moonwalking With Einstein 🧠 & Charlie Munger's Almanack 🤓 (+ honoring 2 late legends 🪦)

"Write your obituary the way you want it written, and then live your life accordingly." — Charlie Munger (†99)  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

​ ​ The 4 Minute Read Newvember ​Dec 2, 2023 || Read in browser​ That's...surprisingly good advice, Mr. Lynch. Hello there! It's Nik, delivering the latest edition of The 4 Minute Read, hot off the press! 🖨️ This week, we'll have a special tribute section for 2 all-time greats from their respective fields, investing and politics. Also, if you're new to Four Minute Books, check out the brand new Start Here section. More on that in a later issue. Let's go! ​Excellent Advice for Living by Kevin Kelly (400 bits of wisdom from the WIRED magazine founder) ​Moonwalking With Einstein by Joshua Foer (memory upgrades from a USA champion) ​Poor Charlie's Almanack by Charlie Munger (the 99-year-old investing legend's best life advice) ​Honoring the late Charlie Munger (†99) and Henry Kissinger (†100) with some great reading​ Let's go! Hot Off The Press Excellent Advice for Living by Kevin Kelly Kevin Kelly is the founder of WIRED magazine, which has been in print for over 30 years and even more successful as a digital publication. Kelly recently turned 70, and he took the opportunity to double down on his habit of rounding up one piece of advice for every year he's been alive, a tradition he's upheld since at least being in his 60s. Curated from hundreds of tips he collected over the years, Excellent Advice for Living is a short, brilliant compendium of 400 of his best ideas. They cover life, relationships, business, money, work, and everything in-between. It's a wonderful book to reflect on as the year comes to a close, and since most tips are only of tweet-length, it's easy to flick through as well. For our summary, we grouped together 31 of the best bits on various topics. If you want some all-around great life advice, read this summary. Read the Summary » ​ ​ Quote of the Week "Advice like these are not laws. They are like hats. If one doesn't fit, try another." ​ — Kevin Kelly ​ The Big 3 From the Book 1. Time is mostly on your side, but timing can be tricky. 2. Money is less important than you think both before and after you have it. 3. Happiness mostly comes down to living in and enjoying the present. Master the Book in 4 Minutes » ​ A Book Brought to Life After practicing for just one year, in 2006, Joshua Foer became the USA Memory Champion. He also set a new record for memorizing a deck of 52 cards in 1 minute and 40 seconds. In Moonwalking With Einstein, he tells his story — and gives you plenty of useful memory tips along the way. It's an excellent explainer of the history of memory, how its importance has declined over the centuries, why our capacity to remember is in such a sad state, and what we can do about it! In today's video summary, you will learn that... The importance of memory has diminished from century to century. Our now horrible memory isn't fixed. There are 2 great techniques to instantly improve your memory: chunking and the memory palace. If you want to understand why most of us have such a bad memory, and how you can easily practice getting better at remembering, watch this video. ​ ​ The Tribute ​ This week, both Charlie Munger, Warren Buffett's 99-year-old fellow billionaire and business partner, and Henry Kissinger, legendary politician and Nobel Peace Prize recipient, died. Just a few weeks back, I saw Munger's birthday was on January 1st and thought: "I hope he makes it to 100." Alas, what Kissinger had managed, for Charlie, it was not meant to be. Naturally, he would have cared the least about that. Known for his dry humor, curt wit, and no-BS takes during Berkshire Hathaway's annual meetings, at 99, Munger long saw his death coming: "I've written my obituary the way I've lived my life, and if you want to pay attention to it, it's alright with me. And if they want to ignore it, that's OK with me too. I'll be dead," he told CNBC in his last interview. Besides weaning Warren off the approach of buying mediocre businesses for cheap prices and instead buying great ones for good prices, he also gave his partner the same advice: "Write your obituary the way you want it written, and then live your life accordingly." If you want to learn more about Munger and Kissinger, the former of which we've covered extensively on Four Minute Books, here are a few great resources: ​Poor Charlie's Almanack by Charlie Munger (more on that below) ​Poor Charlie's Almanack (Video Version)​ ​Charlie Munger by Trent Griffin​ ​The Intelligent Investor by Benjamin Graham​ ​Kissinger by Walter Isaacson​ Finally, I once wrote a breakdown of a really cool thought experiment Munger ran with some students: How to build Coca Cola from scratch, starting in 1884, and turn it into a trillion-dollar company. May both of these legends rest in peace. Here's to everything we can learn from them! Read Charlie's Best Thought Experiment » ​ Dusty But Brilliant Poor Charlie's Almanack ​by Charlie Munger "If people weren't so often wrong, we wouldn't be so rich," Munger said at one of his last Berkshire Hathaway annual investor meetings. Since having good judgment is crucial not just to being a great investor but also to living a happy life, Munger wrote down everything he knew about it a long time ago. Poor Charlie's Almanack, he called it, and it was one of the first books ever to describe various cognitive biases in great detail — and how to erase them, of course! If you want to become a clear thinker like Charlie Munger was, read this summary. Read the Summary » ​ The Big 3 From the Book 1. A successful career is paved with many challenges and blessings in disguise. 2. Berkshire Hathaway was built on a strong respect for investors worldwide. 3. To err is human, but to learn from your mistakes is admirable. Master the Lessons in 4 Minutes » ​ Poor Charlie's Almanack (Video Summary) ​ ​ The Meme Shelf I would pick four things, but then again...still all books. 😁 ​ That's all for now! Have a great weekend, and as usual... Happy reading, -Nik PS: We just published a brand new Start Here page on Four Minute Books. Whether you're new, curious to explore, or have struggled in the past to find your way around, this is a wonderful hub to start your 4-minute learning journey from. Check it out here »​ What can we do to improve the next edition? Tell us here. Did someone forward you this email? If so, you can sign up here. ​​​​​​ Copyright © 2023 Four Minute Books Preferences | Josef-Obenhin-Str. 4, Munich, 80634 | *Affiliate link ​Privacy Policy | Advertise With Us​ ​Opt-out of preference-based advertising​ ​Unsubscribe​ ​