Mungerisms: Amusing Quotes from Charlie Munger from the Berkshire Hathaway 2014 Annual Meeting

Charlie Munger is not always politically correct, always offers a wealth of information, and hilarious now and then. At the 2014 annual meeting of Berkshire Hathaway, here are some of his best zingers: On the interplay between CEOs and corporate directors regarding compensation: “You start paying directors of corporations two or three hundred thousand dollars […]

Robert Greene’s “The 48 Laws of Power”: 48 Laws of Manipulation

[Robert Greene’s ‘The 48 Laws of Power’ identifies a darker path to fulfil our deep seeded desire to be powerful. The philosophies and actions advocated in this book are callous, unprincipled, devious, scheming, manipulative—a good dose of pure utilitarian nonsense for the foolish, insensitive, and greedy personality. Manipulation is a term much more appropriate for […]

The Golden Rule in the Great Cultures and the Great Religions

The Golden Rule or the ethic of reciprocity is the definitive, all-encompassing principle for ethical behavior. In essence, this maxim states, “One should treat others as one would like others to treat oneself” in the positive form and “One should not treat others in ways that one would not like to be treated” in the […]

The Significance of the Golden Rule

The Golden Rule describes a guide to a fundamental behavior and is taught in most major religious and moral traditions. The Golden Rule has been articulated either positively as “do unto others as you would have them do unto you” (Matthew 7:12); or negatively, counseling that you not do to others what you would not […]

The Best Tweets by Career Coach Marty Nemko: Life Lead Well & Career Success

Marty Nemko is an Oakland, CA-based career coach, and author. Marty hosts the “Work with Marty Nemko” on KALW-FM, an NPR-San Francisco station. Marty Nemko blogs about career, education, men’s and boys’ issues, the life well-led, and improving the world at martynemko.blogspot.com/. A compilation of his articles and writings are at www.martynemko.com/. His YouTube channel […]

A Comprehensive List of Books Authored by Management Guru Peter F. Drucker

Famed management guru Peter Ferdinand Drucker spent his life contemplating and writing about how business interests, politics, and human nature interact at companies, non-profits, and governments all over the world. His consultations had an almost legendary reputation in business circles. Peter Drucker wrote influential works about management since the 1940s. He has written about 30 […]

Love of Parents and Love of God: Sense of Security

The sense of security is an indispensable need for emotional health. We need to feel secure on several practical dimensions: financial, physical, social, interpersonal, & emotional. We also need to feel secure at a much deeper level—this is called existential insecurity. The question to ponder is, what is it that can make a person feel […]

Warren Buffett’s Opening Statement at Salomon Brothers Testimony

In 1991, Wall Street investment bank Salomon Brothers was embroiled in a bond-rigging scandal. U.S. Treasury Deputy Assistant Secretary Mike Basham ascertained that, between December 1990 and May 1991, Salomon Brothers’ trader Paul Mozer had dishonestly been submitting false bids to purchase more Treasury bonds than a limit imposed per buyer. Salomon was fined $290 […]

Dave Packard’s 11 Simple Rules

Dave Packard, along with Bill Hewlett, friend and fellow graduate of electrical engineering from Stanford University, started Hewlett-Packard (HP) in Packard’s Palo Alto garage with an initial capital investment of US$538. Bill Hewlett and Dave Packard are known for their legendary people-oriented management style and community consciousness. Below are eleven simple rules that reflected Dave […]

What Makes Good People Do Bad Things? The Roots of Unethical Behaviour in Life and Work

The memory of ethics catastrophes at firms large and small like Enron, WorldCom, Tyco, and Hewlett-Packard elevated public bitterness toward corporate executives as never before. Unethical behavior has spoiled the public’s conviction about the inherent goodness in people and spawned charges for more government oversight of private industry. In free societies, many people identify with […]