The Work Required to Have an Opinion

"Li Lu recently reminded me that Charlie Munger used to say something along the lines of 'You’re not entitled to take a view, unless and until you can argue better against that view than the smartest guy who holds that opposite view. If you can argue better than the smartest person who holds the opposite view, that is when you are entitled to hold a certain view.'"

"That makes perfect sense."

Read the full article at Farnam Street . . .

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