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Tag: Howard Marks

The Difference Between First- and Second-Level Thinking and Why It Matters

[…] It’s not supposed to be easy. Anyone who finds it easy is stupid. – Charlie Munger In his book The Most Important Thing, Howard Marks describes Second-level thinking in the following way: First-level thinking…

Continue reading ➞ The Difference Between First- and Second-Level Thinking and Why It Matters
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