I’m really haunted by the line “take a simple idea and take it seriously” by Charlie Munger.
Special thanks to for putting it in my head; he wrote about it in his summary of Nick Sleep and Qais Zakaria’s investment letters. neckar.substack.com/p/the-nomad-pa
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Relevant Twitter thread:
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Finally got around to reading the letters of Nick Sleep and Zak Zakaria's Nomad Partnership. These guys crushed the market and left behind a legacy of insights and worldly wisdom.
Going to share some favorite lessons and quotes:
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Unfortunately I can’t find the source nor the context for the quote?
But I have to admit, it describes Nick and Zak’s approach perfectly.
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Not sure about the original source. Quoted in Richer, Wiser, Happier as "Finally, quoting a line of Munger’s that Pabrai often cites, I wrote, “Take a simple idea and take it seriously.”
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