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Saturday, August 17, 2019

Planning and Reality

At Berkshire there has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn't cover new reality. We want people taking into account new information.

 - Charlie Munger
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2 comments:

  1. Eclecticity3:20 PM

    Mind blown. E.

    ReplyDelete
  2. Michael Wade3:31 PM

    E,

    A fascinating perspective. I imagine it involves replacing a plan with certain values and inclinations.

    Michael

    ReplyDelete