Soft-mindedness

Soft-minded individuals are prone to embrace all kinds of superstitions. Their minds are constantly invaded by irrational fears, which range from fear of Friday the thirteenth to fear of a black cat crossing one’s path. As the elevator made its upward climb in one of the large hotels of New York City, I noticed for the first time that there was no thirteenth floor-floor fourteen followed floor twelve. On inquiring from the elevator operator the reason for this omission, he said, “This practice is followed by most large hotels because of the fear of numerous people to stay on a thirteenth floor.” Then he added, “The real foolishness of the fear is to be found in the fact that the fourteenth floor is actually the thirteenth.” Such fears leave the soft mind haggard by day and haunted by night.

The soft-minded man always fears change. He feels security in the status quo, and he has an almost morbid fear of the new. For him, the greatest pain is the pain of a new idea….

-Martin Luther King Jr.

Charles Munger Quote

Munger’s favorite construct was to invoke Carl Jacobi: “Invert, always invert.” Turn a situation or problem upside down. Look at it backward. What’s in it for the other guy? What happens if all our plans go wrong? Where don’t we want to go, and how do you get there? Instead of looking for success, make a list of how to fail instead—through sloth, envy, resentment, self-pity, entitlement, all the mental habits of self-defeat. Avoid these qualities and you will succeed. Tell me where I’m going to die, that is, so I don’t go there.

Schroeder, Alice (2008-09-29). The Snowball: Warren Buffett and the Business of Life (Kindle Locations 15352-15356). Bantam. Kindle Edition.