Two types of Knowledge
Real knowledge and Chauffeur Knowledge
Two types of Knowledge
In 2007, Charlie Munger, who is Warren Buffet’s right-hand man at Berkshire Hathaway made a speech to the graduating class at the University of Southern California about what he called “Two types of Knowledge”.
He illustrated his point with an apocryphal story about Max Planck, the Nobel Prize winning German Physicist. After he wo…
Keep reading with a 7-day free trial
Subscribe to Long-term Investing to keep reading this post and get 7 days of free access to the full post archives.