“All I want to know is where I’m going to die, so I’ll never go there,” Charlie Munger is often quoted as saying.
It reflects a way of thinking inspired by German mathematician Carl Gustav Jacob Jacobi, who often solved difficult problems by following a simple strategy: “man muss immer umkehren”, which can be loosely translated as “invert, always invert”.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
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