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Charlie Munger

American investor who served as vice chairman of Berkshire Hathaway.

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Charlie Munger was an American investor and lawyer who served as vice chairman of Berkshire Hathaway alongside Warren Buffett. He is widely known for advocating the use of mental models from many disciplines in decision-making and for stressing the power of incentives. He died in 2023.

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Graepel's advice is to apply investor Charlie Munger's rule before taking such warnings at face value: show me the incentives, and I will show you the outcome.

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