Charlie Munger believes that there’s nothing more important than knowing the simple fact of ‘why’ and ‘how’ to invest. As an investor, you must be fully cognizant on what you’re aiming to achieve, i.e. financial goals, gauge your risk appetite &investment horizon, and assess your investible surplus along keeping other minor details in mind. These may sound too complicated, but are very simple to follow. Keeping these factors in mind makes wealth creation a lot simpler and beneficial