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Charlie Munger once said, take a simple idea and take it seriously. 1,000 people who all want the same thing as you, this is what your competition actually looks like. A huge amount are straight up too afraid to try. Most of who are left give up after the f...

2025-08-13published
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Charlie Munger once said, take a simple idea and take it seriously. 1,000 people who all want the same thing as you. This is what your competition actually looks like. A huge amount are straight up too afraid to try. Most of who are left give up after the first few setbacks. And there are always setbacks. From the people who push through, there are those that go too slow. They don't take things seriously enough. Most of who remain get shiny object syndrome. Stuck in a loop of chasing the next big thing, starting over and over again. What is finally left is you and some other person. The greatest edge is just sticking with something.

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Charlie Munger once said, take a simple idea and take it seriously. 1,000 people who all want the same thing as you. This is what your competition actually looks like. A huge amount are straight up too afraid to try. Most of who are left give up after the first few setbacks. And there are always setbacks. From the people who push through, there are those that go too slow. They don't take things seriously enough. Most of who remain get shiny object syndrome. Stuck in a loop of chasing the next big thing, starting...

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