Monday, December 14, 2020
"For a while, Munger would give the explicit advice: 'The first $100,000 is a b*tch, but you gotta do it.' And then he would go on to say (my paraphrase from memory):  'I don’t care what you have to do—if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit.'"

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