What is the secret to Charlie Munger's success? There's no easy answer to this question but Li Lu, writing in the foreword to the Chinese version of Poor Charlie’s Almanack, concludes that Charlie (and the roots of his success) has a lot in common with the Traditional Chinese Literati, the scholar-officials of Imperial China.
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“The value system of the Literati” Lu writes, “was presented as one of self-improvement, the process of surpassing one’s self.” As Confucius wrote in The Higher Education:
“When the heart is right, the personal life is cultivated. When personal lives are cultivated, families becomes harmonious. When families are harmonious, government becomes orderly. And when government is orderly, there will be peace in the world.”
Literati pursued a journey...
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