Charlie Munger's Wisdom: Lessons on Dealing with Hardship, Regrets, and Investing

Late billionaire Charlie Munger's advice for dealing with hardship is to allow yourself to cry but never quit. Munger, who faced personal struggles including divorce, blindness, and the death of his son, emphasized the importance of soldiering through tough times. Experts agree that resilience is a critical skill for success and happiness, and properly grieving or processing disappointment is essential for moving forward. Crying can be a healthy way to release emotional distress, while repressing emotions can lead to mental and physical health issues. Munger believed that everyone faces struggles, and those who find the strength to carry on are more likely to live fulfilling lives.