Today, I've got a remarkable story to share with you – one that's all about courage and hope. It's a story from the life of Charlie Munger, the brilliant business partner of Warren Buffett, and a true investment genius. Charlie is on the verge of turning 100 years old, and his journey is nothing short of inspiring. I've recounted this story numerous times because it never fails to fill me with a sense of inner strength and tranquility. So, even if you've heard it before, stick around because it's a tale that changes something within you every time you hear it.

It's upon us how we deal with being vulnerable in our lives. Do we buckle under the fear of the unknown or have the courage to face up to it? And if we decide to face up to our fears, all we must do is to play our parts well and let go of what we don't control. Nature will take its course then, and a few years later, we may be surprised at what we were able to achieve just because we allowed ourself to be vulnerable.

From not liking the subject in school, what I have come to appreciate about 'history' is the concept of it. I mean, think about it – from the time humans first set foot on this planet, our journey, our evolving thoughts, and the things that haven't changed at all, it's all pretty fascinating. Speaking of the things that have not changed, I believe there are two ideas that have stood the test of time, and they apply to just about everything in life, whether it's investing, work, or anything else. I talk about those two ideas in this video.

I talk about how, often, the solution to life's problems lie not in adding more things, but removing them.

I talk about something that's often underestimated, and it is the incredible power of changing your mind as a crucial part of your personal evolution. It's a fascinating journey, and I can tell that from my personal experience of changing my mind on so many things over the years, both in investing and outside of it.

A market crash is 'never' the problem. 'I' am the problem, and I must sort myself out, because that is only what I control. And if I can control the 'I' better, a market crash will never be a problem.

We all have demons within us, whether we're investors or not. It's all about choices – how many of them we choose to feed and how often. What we need to do is recognize and accept that these inner demons exist. Only then can we learn to tame them before they start eating away at our investment returns.

I talk about why, when it comes to investing, making money in stocks when everyone is making money in stocks isn't a big deal. Rather, it's the ability to handle good and bad times with equanimity, combined with courage and decisiveness, that really matters in the long run.

I talk about the other side of the idea of 'financial freedom' that nobody talks about, and share that the more we think that a lot of money is what we need to live happily, and the more we associate money with most things in life, the more we convince ourselves that we are too poor to buy our freedom. But this is what the world is increasingly designed to do to us – always create that fear, urge, and urgency to go for more, even when we have more than enough. How do we get over this? Well, this episode has some answers.

I share a story about the "baggages" we carry in life - those of losses, guilts, sunk costs, regrets, expectations not met - and suggest why if we allow the past – in investing or out of it – to consume us, we will never create the future we want and deserve.