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Charlie Munger brings 3 insights and 1 summary to hydraulic manifold manufacturer AAK

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Update time : 2023-12-02 22:08:22

On November 28th, Charlie Munger passed away, his passing, like the serene beauty of autumn leaves, leaving endless memories. On this most ordinary day, we have lost an extraordinary soul. Charlie Munger's wisdom, insight, and kindness have brought not only personal recognition to me, but also recognition to hydraulic manifold manufacturer AAK. Charlie Munger's model and methodology have inspired hydraulic manifold manufacturer AAK, both in terms of development ideas and sales.

 

1. Charlie Munger's Reverse Thinking "If only I knew where I died, then I would never go to that place." This inspiring sentence states that if hydraulic manifold manufacturers know how to lose money, then they know how to make money. There are many difficult problems in life, as long as you think in reverse, you can find the answers. On the path of development, hydraulic manifold manufacturers may find it more meaningful to discuss "how to avoid" rather than "how to succeed"; Rather than searching for "what to do", perhaps thinking about "what not to do" is more meaningful; Perhaps admitting foolishness is more practical than seeking intelligence. Learn a lesson from the ineffectiveness of others. At the same time, be aware of yourself, acknowledge your ignorance, and always understand your abilities and limitations. Do something, do something not. Before starting something, such as a hydraulic manifold manufacturer developing a new product, let's assume what to do if the development fails. Then, all thinking, analysis, judgment, planning, and decision-making revolve around how to avoid failure and reduce costs. Before you think about "how to lose weight," perhaps you should first think about "why you gain weight.". Before hydraulic manifold manufacturers think about "how to get orders", perhaps they should first think about "why they can't get orders". Thoroughly understanding the problem will solve half of it. The B-side of the problem may be the answer you are looking for. True experts know how to go against the tide. Reverse thinking is the belief that "starting with the end" is more important than "quickly attacking.".

 

2. Charlie Munger's extensive reading, which prevented people from only seeing trees and but not the forests. Everyone hopes to have a higher level of cognitive ability. Cognition is the way of thinking about things, which allows you to think further and see more clearly. The simplest and most cost-effective way to enhance cognition may be to read more books. Every book is a set of models and frameworks. How do we choose the books we should read? Some down-to-earth books, or reading books that look more practical, may directly improve. However, we cannot ignore "looking up at the stars". Some seemingly useless books often provide us with greater inspiration. What hydraulic manifold manufacturers need is not only books on process and technology, but also books on sociology, psychology, marketing, and neuroscience. Perhaps this will enable hydraulic manifold manufacturers to have the ability to think independently, not be affected by short-term market fluctuations, and adhere to a long-term philosophy. Reading is about exercising our mental muscles, and every part needs to be trained. After reading for a long time, it began to light up the dark map of hydraulic manifold manufacturers, and cognition gradually improved. Widely exploring is believing that "long-term returns" are more reliable than "short-term spikes".

 

3. Charlie Munger's “The greatest truths is concise”. Do not abandon the ship to escape when it sinks, unless you can swim to another navigable ship, which highlights the importance of rational action. We always hope to take a "divine pill" after getting sick or injured, which not only instantly recovers but also increases our lifespan by 60 years. Hydraulic manifold manufacturers always want to see a batch of large orders during the low point of their business, which can last for many years. Unfortunately, most likely none of these are available. Even if there is, the result may not be good. Rapid growth can also lead to rapid decay. The truly good methods are all very simple. But it's difficult to persist day after day. Most hydraulic manifold manufacturers always think of shortcuts in production and manufacturing. In fact, trickery cleverness is fatal clumsiness. If hydraulic manifold manufacturers do not take shortcuts, it is actually the fastest shortcut. Take the main road because there are fewer people on it. To walk the broad road is to have great wisdom. The simplest way is to believe that "sticking to the right path" is more powerful than "finding shortcuts".

 

Charlie Munger has left, but his wisdom will never be forgotten and will never leave. At present, although the international situation has more or less affected the business of hydraulic manifold manufacturers, what cannot be changed should not be too struggled. Complaining is also a major taboo in life. We should do the things in front of us well, do our best, and obey fate. Those who drown in the river can swim, and hydraulic manifold manufacturers have also taken advantage of the situation. Running a hydraulic manifold manufacturer requires understanding how to delay satisfaction in order to operate better and better. The problem with Chinese people is that they have too much gambling and are particularly superstitious about luck. Hydraulic manifold manufacturer AAK cannot trust luck, but trust probability, and go fishing in places with fish. The most reliable way to get something you want is to make yourself worthy of it, some orders, and some hydraulic manifold manufacturers cannot digest it. The approach of hydraulic manifold manufacturer AAK is to stay away if it doesn't match. Hydraulic manifold manufacturer AAK never tries to become a smart person, but continuously tries not to become a fool and tries not to make foolish mistakes. The method that hydraulic manifold manufacturer AAK adheres to is work, work, work, and work again, and looks forward to seeing a few opportunities. Most hydraulic manifold manufacturers, seeing their competitors running in one direction and can't bear standing there foolishly. Even though they know everyone is running in the wrong direction, they still follow suit. But hydraulic manifold manufacturer AAK must force itself to be different.

 

Charlie Munger's departure, hydraulic manifold manufacturer AAK, 3 insights, 1 summary, let's move forward together.

 

AAK HYDRAULIC VALVES (727) 2023-12-02

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