2-芒格在USC的演讲分析@2019.08.17.

有了节奏感的每一天,都会觉得过得特别快,一眨眼周末就到了。

@难走的路@都是相对的@悄悄进入手机的一幅图

今天继续往下解析芒格老爷子的演讲:

#4 Without Warren Buffett being a learning machine, a continuous learning machine, the record would have been absolutely impossible....I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines
解析:这段话的前后,老爷子着重说“Learning Machine”,当然是指人的学习习惯,不是最近几年特别火的“Machine Learning”;习惯成自然,自然成系统,系统成“机器”;不局限学一样单薄的学科、不局限一种单调的学习方法、不局限和书本学;“学习机器”的初始能力不重要,重要的是持之以恒、虚怀若谷、乐于分享,不断调试机器的运行状态、优化机器系统运行条件、迭代机器的软件系统、擦拭机器的硬件。。。

#5 So if civilization can progress only when it invents the method of invention, you can progress only when you learn the method of learning....And if you take Warren Buffett and watched him with a time clock, I would say half of all the time he spends is sitting on his ass and reading. And a big chunk of the rest of the time is spent talking one on one either on the telephone or personally with highly gifted people whom he trusts and who trust him. In other words it looks quite academic all this worldly success.
解析:进步的空间是“学会适合自己”学习的“方法”;时间上,抓紧一切机会有效“输入”,自我学习、讨论学习;不管啥机构,商业的抑或非商业的组织,都要“整的像一个学术机构”而不是“娱乐、消费机构”。。。

#6 Academia has many wonderful values in it. I came across such a value not too long ago....He took a year sabbatical, he sat down in his computer and he had all the slides because he saved them and organized them and filed them. He worked 17 hours a day, 7 days a week, for a year and that was his sabbatical....When you’re around values like that, you want to pick up as much as you can.
解析:真“学术机构”价值观是一个无价之宝;老爷子举例一位特别特别小众的“骨癌科”医生,在并没有外力促使下,靠自己的价值观力量、消耗了自己一年的全部“公休”时间,写出了一本尽管只有数千位全球能读懂的读者的、极其小众的、几乎举世唯一的“教科书著作”,这样的自得其乐来自于内心的驱动力,无关乎外在的“世俗欲求”;老爷子很期待、很鼓励每个毕业生都去挖掘自身的“无价之宝”。

学习机器、学术范儿、探求自身的“无价之宝”,看似都和投资没有必然联系,却是老爷子的思维和行为习惯中的“天然之气”。

自勉、自勉、自勉。

周末,打球和思考要继续。。。


You’re going to advance in life by what you’re going to learn after you leave here. If you take Berkshire Hathaway which is certainly one of the best regarded corporations in the world and may have the best long-term investment record in the entire history of civilization. The skill that got Berkshire through one decade would not have sufficed to get it through the next decade with the achievements made. #4 Without Warren Buffett being a learning machine, a continuous learning machine, the record would have been absolutely impossible. The same is true at lower walks of life. I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines, they go to bed every night a little wiser than when they got up and boy does that help particularly when you have a long run ahead of you.

Alfred North Whitehead said it one time that “the rapid advance of civilization came only when man invented the method of invention”, and of course he was referring to the huge growth of GDP per capita and all the other good things that we now take for granted which started a few hundred years ago and before that all was stasis.

#5 So if civilization can progress only when it invents the method of invention, you can progress only when you learn the method of learning. I was very lucky. I came to law school having learned the method of learning and nothing has served me better in my long life than continuous learning. And if you take Warren Buffett and watched him with a time clock, I would say half of all the time he spends is sitting on his ass and reading. And a big chunk of the rest of the time is spent talking one on one either on the telephone or personally with highly gifted people whom he trusts and who trust him. In other words it looks quite academic all this worldly success.

#6 Academia has many wonderful values in it. I came across such a value not too long ago. It was several years ago. In my capacity as a hospital board chairman I was dealing with a medical school academic. And this man over years of hard work had made himself know more about bone tumor pathology than almost anybody else in the world. And he wanted to pass this knowledge on to the rest of us. And how was he going to do it? Well he decided to write a textbook that would be very useful to other people. And I don’t think a textbook like this sells two thousand copies if those two thousand copies are in all the major cancer centers in the world. He took a year sabbatical, he sat down in his computer and he had all the slides because he saved them and organized them and filed them. He worked 17 hours a day, 7 days a week, for a year and that was his sabbatical. At the end of the year he had one of the great bone tumor pathology textbooks in the world. When you’re around values like that, you want to pick up as much as you can.

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