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The Psychology of Human Misjudgment by Charles T. Munger

Charles T. Munger is the vice-chairman of Berkshire Hathaway. He gave three separate talks ranging from about 20 to 23...

Froth, Downward Wages, and the Importance of Repeat Business

When you give your employer a good value, they will be motivated to keep you even in the lean times. Nothing is more important to your career than making sure your employer is satisfied with your work, which will make them likely to use you over and over again. Working for companies where there is a lot of froth will present you with more money-making opportunities; understand that froth moves in cycles, however, and it is more important to have consistent work than to hold out for ideal market conditions.

The Lazy Man’s Way to Riches

The Lazy Man's Way to Riches by Joe Karbo is one of the best-selling books of all time. You...

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Are You More Motivated by the Opinions of Others-or Your Own?

In order to make full use of your strengths, it is important to determine whether you are an internally or externally motivated person. While externally motivated people are directed by others’ opinions, internally motivated people prioritize their own opinions and ways of thinking in their lives and careers. Decide which sort of person you are, embrace this identity, and seek work that makes the most of your natural tendencies.

Good Things Only Happen When You Are Moving

You must maintain a state of constant motion; when you stop moving and being productive, bad things happen to you. Things die when they stop moving, which is why you should never give up under any circumstances. When people stop moving, they make all further progress difficult. Avoid gaps in your employment, as you will be seen as out of touch and less employable; instead, you need to stay continually moving and never slow down.

Fast Cars, Puppies, Potential, and Building a Life of Meaning

You are capable of much more than you probably realize, and you need to maximize your potential and utilize every gift that you have. Many people talk about their potential, but refuse to act upon it. When you make full use of your potential and implement your gifts, you unlock the power to become the person you want to be.

Never Try to Be Someone Different from Who You Are

Never try to be someone who you are not, or something that does not match your natural gifts and skills. Embrace your skills, whatever they are, rather than rejecting what you are good at and setting yourself up for unhappiness. Find your true gift, and run with it.

Government Bailouts, Groups and Your Career

In business, innovation comes from the freedom to operate; stagnation and failure result when a government attempts to legislate business. Limiting peoples’ ability to make a certain amount of money undermines business in an incredible way. Similarly, you need to associate with businesses and groups where freedom of movement will allow both you ant the company to expand. When you have more constraints placed on your movement, you face greater problems and eventually the loss of your job.

Learn Something from the Upper and Lower Class: Do Not Be Paralyzed by Others’ Opinions

You need to focus on yourself and raise above the standards set by the world around you. When you live your live according to others’ expectations, you blind yourself to your genuine wants and capabilities. Stop worrying about the world and your slot in it; do what you want, the way you want, and you will be much closer to achieving greater heights in your life and career.

The Better Your Product, the Better Your Life

You must think of yourself as a product, something of value for which people are willing to pay. Your career will thrive in direct proportion to the perceived value of the product you are offering, so you must present yourself as something that the world wants and is willing to pay for. Pick something, and focus on doing it to the best of your ability. The quality of your product will determine the quality of your life.

Hypnotists, Worry and Living Your Life Today

An ability to control worry is a common trait of many of the most successful people. Worry, for the most part, does not do anyone any good, as it makes people constantly look to various past alternatives. Rather than worrying about the future, you must focus on life now and not wait until a distant date to live and enjoy your life.

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Keeping a Job

Your Job Is a Game-Make Your Opponents External

In this article Harrison explains how you can ensure success in your career by externalizing your opponents. Your job is like a game; if you work hard, play by the rules of the company and are seen as part of the team you will be viewed as a valuable player for the company. The most significant part of any game is the presence of an opponent. Don’t look for an opponent among your co-workers. Never speak negatively of your team members. Instead, concentrate on the external opponents. External opponents bring you and the team closer as you work towards a common goal. In order for you and your company to succeed it is important to have an external opponent. Harrison advises people to consistently work hard and not participate in the politics. This is a sure way to score big in your career.

Getting Ahead

How to Succeed

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Staying Positive

Self-Esteem and Lunch Room Tables

True self-esteem comes from within, not from the acceptance of others. When your sense of worth comes from within, you free yourself from comparisons with others and will enjoy a greater sense of internal security. You will no longer be bogged down by the experiences of others and can become much more self-reliant.

Take Small Actions and Meet Others

Your greatest successes will come from some of the smallest actions in terms of meeting people. You will cause a “stacking effect” the more you meet and connect with people; conversely, people cannot connect with you when you are withdrawn and nothing will happen. You must do everything in your power to connect with as many people as possible.

The Importance of Your Sense of Self

A powerful sense of self will make all the difference in your life. You must understand that your sense of yourself and your capabilities come from inside of you, not from the external forces that have brought you to your current place in life. What you feel internally might be completely different from what the world is telling you, and you must learn to focus on the former rather than the latter.

Sick Crows, Your Attitude, and Being on the Winning Team

Adopting a positive attitude will always bring you closer to success, as nobody wants to be associated with a losing side. Everyone wants to associate with and hire winners, and avoids losers. Nothing is more important than maintaining a positive attitude, as many employers hire people based primarily on attitude; with the right attitude, everything else will fall into place. You must look like you are on the winning team, even if times are tough; nobody wants to hire a loser.

Emotions and Our Careers

Everyone tries to maintain a certain emotional state, and learning to control your own emotions will have a profound impact on your career. While everyone allows their emotional states to be influenced by outside events, there is no advantage in basing your own emotions on things that you cannot control. Allow yourself to discover happiness and fulfillment naturally, rather than making your emotions dependant on external circumstances. Your outlook will have a tremendous impact on your psychological health, as well as that of those around you.