Talk
A Lesson on Elementary, Worldly Wisdom
The talk where Munger lays out the whole latticework idea — models from many disciplines, held together and used at once.
Charlie Munger · USC Marshall School of Business · 1994
Munger’s most complete single statement of his method, given to Guilford Babcock’s student investment seminar. He works through why you need a spread of models across disciplines, how the big psychological and mathematical ideas interact, and where over-relying on one model (“to the man with a hammer, every problem looks like a nail”) goes wrong.
About 45 minutes to read. Most of this site is downstream of it.