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15 Deep Life Lessons from the Book "Seeking Wisdom"

From Darwin to Munger, Wisdom can be found anywhere.

By Musonius LatoyahPublished 2 years ago 3 min read
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1. “Consider how hard it is to change yourself and you'll understand what little chance you have in trying to change others”

― Peter Bevelin

2. “A bull market is like sex. It feels best just before it ends”

― Peter Bevelin

3. “Sorrow is often wisdom’s companion, but it is better to learn from others sorrow to prevent our own”

― Peter Bevelin

4. “Praise by name, criticize by category”

― Peter Bevelin

5. “Wall Street never changes. The pockets change, the suckers change, the stocks change, but Wall Street never changes because human nature never changes”

― Peter Bevelin

6. “No one can speak well unless he thoroughly understands his subject”

― Peter Bevelin

7. “Show me a ten-foot wall and I'll show you an eleven-foot ladder”

― Peter Bevelin

8. “A wise man sees as much as he ought, not as much as he can. (Montaigne)”

― Peter Bevelin

9. “The greatest sign of an ill-regulated mind is to believe things because you wish them to be so.”

― Peter Bevelin

10. “You have to go to bed wiser than you got up. As you try to master what you are trying to do - people who do that almost never fail utterly. "

11. “Macroeconomics people...are often wrong because of extreme complexity in the system they wish to understand”

― Peter Bevelin

12. “On 3 timeless ideas for investing:

1, You should look at stocks as part-ownership of a business.

2. You should look at market fluctuations in terms of his "Mr. Market" example & make them your friend

3. margin of safety "

― Peter Bevelin

13. Our nature is a product of our biological and cultural history.

― Peter Bevelin

14. “Genes control brain chemistry but are turned on and off by the environment.”

― Peter Bevelin

15. “We don't try to change people. It doesn't work well... We accept people the way they are”

― Peter Bevelin

BONUS REVIEW:

This book is indeed gem but it has also some flaws.

The book has many interesting information from evolutionary biology to mental models to many checklist of identifying good business, stock selection etc.

Information and wisdom part are excellent.

This book is very good for one who wants to start his life from scratch or doesn't have any prior baggage of failure in life.

The real problem with the book comes how does it deal with failure.

As per Munger and buffet

Failure loses your credibility.

failure or being totally blown up is an utter disgrace,

all must hand walk toe to toe with the persons who has min failure and abundant success.

I have had many many failures in life andi am still struggling but if everyone starts to isolate me i be dumped into garbage. My take on failure is

1 your past action must not guide your future direction

2 everyone goes through process of degeneration and regeneration.

The book deserves 5/5 for abundant knowledge, too impressive information and very comprehensive checklist and + are far greater than

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About the Creator

Musonius Latoyah

24 y/o writer, thinker, philosopher, and innovator towards all attainable good.7

“The higher we soar the smaller we appear to those who cannot fly.”

“Silence is worse; all truths that are kept silent become poisonous.”

- Friedrich Nietzsche

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