1/ Charlie Munger answers the Proust Questionaire (with edits by Tren):
What is your idea of perfect happiness?
"To help another human being know more."
Who is your hero?
Maimonides. All the philosophy and writing he did was after working 12 hours a day as a physician.
2/ What was your most miserable experience?
"I can't imagine any experience in worse than losing a child inch by inch." In 1955 Teddy Munger passed away from leukemia.
What do you think of this questionnaire?
"Don't neglect your businessto think great thoughts about Proust."
3/ What is the most overrated aspect of investing?
"Avoiding diversification, if you are among the top 3% of investors."
What do you think causes the most problems in investing?
"The 40% of investors who falsely believe they are in the top 3% of investors."