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Berkshire Hathaway’s vice chair, Charlie Munger, said Saturday that the one mantra he followed in life came from Singapore’s Lee Kuan Yew, the first Prime Minister of Singapore who governed for three decades.
Responding to a question about human nature at the annual Berkshire Hathaway (BRK-A, BRK-B) shareholder meeting in Omaha, Nebraska, Munger said the country’s founding father had a formula for success that he quite liked.
“Lee Kuan Yew - who is the greatest nation builder, probably that ever lived in the history of the world - he said one thing over and over and over again all his life,” and that was to “figure out what works and do it,” said Munger.
Because with that attitude, said Munger, “You just go at life with that simple philosophy from your own national group, you will find it works wonderfully well. Figure out what works and do it.”