Flaw

Charlie Munger’s mental model was simple: long-term value is easier to sustain when all stakeholders are aligned in keeping the value intact. If that alignment breaks, sustainability becomes a struggle. https://x.com/TheTimeInvestor/status/1994072989403414971

• “We don’t want to own that kind of business.” - For Charlie, the issue was clear: the business wasn’t "Win-Win-Win". A company needs to benefit its stakeholders, its customers, its owners, and the broader ecosystem, or it’s not worth pursuing.
• This mental filter saved Mohnish weeks of work, as he reflected later.
• Charlie, as Warren Buffett once said, had 'the best 30-second mind in the world.' He could instantly spot the flaw.

Win