A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business
Charles Munger, USC Business School, 1994
Informative, but kind of boring. I decided to look up some of the terms he uses in the first part of the article. Here are some of the things I've found.
Decision Analysis
Elementary Probability
Basic Accounting
Five W's rule
Microeconomics
There is a lot of free information out there. I used Google for most everything I looked up, of course.
In the end, the Internet includes an enormous amount of information that is easily accessible to anyone. Sometimes when people use this phrase they say anyone with a computer. More and more, computers have become synonymous with Internet access, and in fact are useless without some kind of network connection. The $100 computer first envisioned for children of developing nations, evolving into the One Laptop Per Child program, necessarily included connectivity of some kind.
We aim to provide each child with a rugged, low-cost, low-power, connected laptop. To this end, we have designed hardware, content and software for collaborative, joyful, and self-empowered learning.
Over at The Khan Academy, Salman Khan has put together a website of lectures and information that could form the foundation of a basic education for anyone, with practical application, real world problems, and step by step solutions to those practice problems.
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