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In his article A Lesson on Elementary, Worldly Wisdom as it Relates to Investment Management & Business, Charles Munger (1995) wrote about tools, techniques, and critical skills that great managers need to develop. Consider Mungers thoughts on the importance of mental models. Respond to the following: Examine how Mungers concept of mental models has changed your ideas of decision making in investment management and business. Explain how this experience has affected your decision-making process. Munger, C. T. (1995). A lesson on elementary, worldly wisdom as it relates to investment management & business. Outstanding Investor Digest, 1,4963.
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