“Never sell anything you will not buy, work for those you respect, and work with people you enjoy.”

The world of investment sanctifies the late Charlie Monger For his deep wisdom and the principles of success. Its three basic rules for job satisfaction and success were a beacon for many ambitious investors and professionals.

Monger, who passed away in 2023, participated in his visions about achieving success in life and profession. His journey, which started in a prominent law firm in California, led him to investments in stocks, companies and real estate development, and reached its peak in establishing his law firm.

Munger’s three basic rules for career satisfaction were: seeking to deserve what you want, working under the individuals you like, and maintaining a deep interest in your work. He highlighted the importance of reputation, integrity, and the joy of gaining confidence due.

“I have three basic rules for job satisfaction … While the three meeting is almost impossible, you should try anyway,” Monger, Monger. books For CNBC. His first rule was not to sell anything that one does not buy for himself, a principle rooted in the golden rule.

Also read: Here is how Charlie Monji’s final step doubled for his money, and reveals his close friend to me

Munger also emphasized the importance of working only for those who respect and admire it, and warned against the dangers posed by the personalities of power, especially through rewards.

“In general, your result in life will be more satisfactory if you work under the people you like properly,” Monger wrote.

Finally, he called for working with people who really enjoy and comply with personal interests. Monj’s functional philosophy and life served as a guidance light for many in the world of investment.

He added: “I had great partners, full of threats, throughout my life. I think I got them partly because I tried to deserve them, partly because I was shrewd enough to choose them, and partly because there is some luck.”

His focus on integrity, reputation and passion for work, along with his successful partnership with Warren BuffettI left an indelible mark on the industry.

The teachings and principles will continue to inspire and direct future generations of investors.

Read after that

This famous piece of wisdom from Charlie Monger can have a long way in investment – and in life, investment experts say

Unlocked: 5 new deals per week. Click now to get the best commercial ideas dailyIn addition to unlimited access to advanced tools and strategies to obtain a feature in the market.