Charlie Munger, the late legendary vice-chairman of Berkshire Hathaway, was the ultimate model of self-control in action. He didn’t simply view self-control as a moral virtue; he recognized it as a compounding economic advantage that separated the self-made wealthy from everyone else. Munger often argued that raw intelligence is a commodity available to many people. […]
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Original source: https://www.newtraderu.com/2026/05/20/self-control-is-the-key-to-success-5-lessons-from-charlie-munger/