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Professor Friedman supplies a marvelous quotation on this subject from Rabbi Eleazar ben Azariah: “Where there is no bread, there is no law; where there is no law, there is no bread.”

Poor Charlie’s Almanack

Charles T. Munger, Peter D. Kaufman, John Collison, and Warren Buffett

But you don’t have to figure out your vision all by yourself. In fact, you probably shouldn’t. Locking yourself alone in a room to create a manifesto of your single, luminous vision looks and feels indistinguishable from completely losing your mind. Get at least one person—but preferably a small group—to bounce ideas off of. Sketch out your mission together. Then fulfill it together.

Build

Tony Fadell

As I reviewed Talk Two in 2006, I thought it would be improved by adding 1) an attempt to explain the extreme investment success of Harvard and Yale in recent years, plus 2) a prediction about the outcomes for the many pools of capital that will now try to duplicate the past success of Harvard and Yale by copying or continuing their methods, plus 3) a brief comment about the implications for the efficient-market hypothesis as demonstrated in a 2005 book, Fortune’s Formula by William Poundstone.

Poor Charlie’s Almanack

Charles T. Munger, Peter D. Kaufman, John Collison, and Warren Buffett

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