Consider Munger’s thoughts on the importance of mental models.

In his article “A Lesson on Elementary, Worldly Wisdom as it Relates to Investment Management & Business,” Charles Munger (1995) wrote about tools, techniques, and critical skills that great managers need to develop. Consider Munger’s thoughts on the importance of mental models. Respond to the following: Examine how Munger’s concept of mental models has changed […]

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