Stop Crashing Planes: Charlie Munger’s Six-Element System Quote: "We would argue that practical worldly wisdom falls into a few major buckets — these act as the closest proxy of the fixed/knowable rules we discussed above: Numeracy. The ability to understand and think in numbers and properly quantify. This would included a basic understanding of statistics and its limitations, of probability thinking and its limitations, and basic numerical and quantitative thinking applied to the real world. Human nature. The ability to understand the true nature of … (categories: learningknowledgemasteryfarnamcheckliststhinking )