What is the most important lesson life has taught you?

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The Guardian, to a different person each week, The Q&A

Verbatim recurring item in The Guardian Q&A; two fully readable publisher-hosted respondent pages establish institutional recurrence.

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Recorded Charlie Munger said elsewhere, not written here
Every mischance in life was an opportunity to learn something and your duty was not to be submerged in self-pity, but to utilize the terrible blow in a constructive fashion.

USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗

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More from Charlie Munger

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Question What is something everyone in your world agrees about that you think is wrong? Values & belief
I realized very early that non-egality would work better in the parts of the world I wanted to inhabit. What do I mean by non-egality? I mean John Wooden, when he was the number one basketball coach in the world. He just said to the bottom five players, “You don't get to play. You're sparring partners.” The top seven did all the playing.
Recorded USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗
Question How has a failure, or apparent failure, set you up for later success? Do you have a favourite failure? Failure & regret
Life will have terrible blows, horrible blows, unfair blows. Doesn't matter. And some people recover and others don't. And there I think the attitude of Epictetus is the best. He thought that every mischance in life was an opportunity to behave well. Every mischance in life was an opportunity to learn something and your duty was not to be submerged in self-pity, but to utilize the terrible blow in a constructive fashion.
Recorded USC Gould School of Law commencement, Speakola, 2007 source ↗

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