Warren Buffett gets all the headlines and airtime, but his longtime business partner Charlie Munger deserves to be more well known than he is. It’s a long read, but this transcript of one of his speeches is worth the time invested:
Well, what I’m saying here is that the human mind is a lot like the human egg, and the human egg has a shut-off device. When one sperm gets in, it shuts down so the next one can’t get in. The human mind has a big tendency of the same sort. And here again, it doesn’t just catch ordinary mortals, it catches the deans of physics. According to Max Planck, the really innovative, important new physics was never really accepted by the old guard.