Remembering Charlie Munger

In a charming village in India, during the monsoon season, a father named Ravi sat with his son, Dev, on the veranda of their modest home. The rhythmic sound of raindrops pattering against the roof filled the air as they enjoyed a warm cup of chai and freshly made pakodas. Dev, a young man eager to learn, often sought his father's guidance on various matters.

As they sipped their chai and savored the crispy pakodas, Ravi began to share anecdotes and wisdom from one of his favorite thinkers, Charlie Munger, the renowned investor and partner of Warren Buffett.

"Dev, my son," Ravi said with a twinkle in his eye, "Let me tell you about a wise man named Charlie Munger. He once said, 'Spend each day trying to be a little wiser than you were when you woke up.'"

Dev nodded, intrigued by his father's words. "But how can we do that, Father?" he asked earnestly.

Ravi smiled gently. "By always seeking knowledge, Dev. Whether it's through books, conversations, or life experiences, we should strive to learn something new every day."

As they continued their conversation, a sudden bolt of lightning illuminated the evening sky, followed by a rumble of thunder. Dev jumped slightly at the sudden burst of light and sound.

Ravi chuckled softly. "Don't be afraid, Dev. Just like how lightning illuminates the darkness, knowledge can illuminate our path in life."

Dev nodded, reassured by his father's words. He took another sip of chai, feeling comforted by the warmth of the beverage on this rainy evening.

Ravi then shared another quote from Munger. "He also said, 'The big money is not in the buying and selling, but in the waiting.'"

Curious, Dev asked, "What does that mean, Father?"

Ravi explained, "It means that patience is a virtue, Dev. In investing and in life, rushing into decisions often leads to mistakes. We must learn to be patient and wait for the right opportunities to come our way."

As they continued their conversation, the aroma of freshly brewed chai and spicy pakodas filled the air, creating a cozy atmosphere on the veranda. Dev felt a sense of gratitude for these moments spent with his father, soaking in his wisdom and guidance.

As the evening drew to a close, Dev reflected on the valuable lessons he had learned from his father and the teachings of Charlie Munger. Armed with newfound knowledge and a sense of purpose, he looked forward to embracing the challenges and opportunities that lay ahead on his journey through life.