Munger provides quite a bit of wisdom in this collection of talks. One really has to be smart to have great success and one has to know ALL the relevant factors. For example if you're a trick or two short you should know all the six or so standard methos, long suit establishment, finesses, throw-in plays, crossrulls, squeezes, and various ways of misleading the defense into making errors. Talk 7 shows why the accounting for stock options can lead to inflated estimates of company revenue.
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