Oracle Outpost

    The Oracle's Outpost

    Inspired by Buffett’s nickname, “The Oracle of Omaha,” this outpost is where travelers gather to decode his investing insights.

    Warren Buffett's Core Principles

    Timeless wisdom from the Oracle of Omaha, simplified.

    Charlie Munger's Mental Models

    Powerful thinking tools to help you make better decisions in life and investing.

    Inversion
    Instead of asking how to succeed, ask how to fail. Avoiding stupidity is often easier than seeking brilliance.
    Kid's Example: To get good grades, you first figure out everything that would make you get bad grades (not studying, not sleeping, etc.) and then you just don't do those things!
    Circle of Competence
    Everyone has areas they understand deeply and areas they don't. It's crucial to know the difference and stick to what you know.
    Kid's Example: If you're an amazing soccer player, you should focus on playing soccer, not trying to be a professional chef overnight. Know your strengths!
    Multiple Mental Models
    The world is complex. To understand it, you need a 'latticework' of models from different fields like physics, biology, and psychology.
    Kid's Example: If you only have a hammer, every problem looks like a nail. But if you have a whole toolbox (with saws, screwdrivers, etc.), you can solve any problem.
    Opportunity Cost
    Every decision you make means giving up on all the other options. The true cost of something is what you have to give up to get it.
    Kid's Example: If you have $5 and you buy a toy car, the opportunity cost is the ice cream cone you couldn't buy with that same $5.

    Interactive Tools

    Play with numbers and concepts to make learning stick.

    The Magic of Growing Money
    See how compound interest works wonders over time.

    In 20 years, you would have:

    $63,968.46

    Educational Resources

    Continue your journey with these hand-picked books, videos, and tools.