Charlie Munger’s Speech at USC Law School

Charlie Munger gave the commencement address at USC Law School last month.

Here’s a semi-transcript / notes. Like all things from Munger, it’s worth a close read.

Wisdom acquisition is a moral duty. It’s not something you do just to advance in life. As a corollary to that proposition which is very important, it means that you are hooked for lifetime learning. And without lifetime learning, you people are not going to do very well. You are not going to get very far in life based on what you already know. You’re going to advance in life by what you learn after you leave here.

Are you going to go to bed a little bit smarter than you were this morning?

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