One of the most respected voices in finance never sugarcoated reality. In what would be his final sit-down interview before passing away at 99, Charlie Munger—the long-time partner at Berkshire Hathaway—was blunt about life's nature. Hardship? It's not optional. It's baked into the system. But here's the thing: giving up is a choice you don't have to make.



Munger used a particular term to describe this mindset—"soldiering." Not in the military sense, but in the way soldiers push forward despite exhaustion, uncertainty, and discomfort. That's the real difference between those who build wealth and those who don't. The market doesn't care if things feel hard. Your portfolio doesn't reward you for taking it easy. Success in trading, investing, or any financial endeavor comes down to one brutal truth: you either soldier through the rough patches, or you get left behind.

This isn't pessimism. It's clarity. And that's the kind of wisdom that separates the pros from the amateurs in crypto and traditional markets alike.
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MercilessHalalvip
· 7h ago
Munger really doesn't beat around the bush, and the use of the word "soldiering" is spot on... Basically, it means enduring, with no shortcuts, and it's even more true in crypto.
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PensionDestroyervip
· 7h ago
Munger, that old guy, still ends up advising us not to give up... LOL, "soldiering" just means not crying over spilled milk. --- Damn, he's right. The group of retail investors in the crypto world are just too afraid of hardship. As soon as prices drop, they start calling for their parents. --- Wait, hardship baked into the system... Should I switch to options hedging then? Anyway, we're bound to get hit sooner or later. --- Munger is always right. This old man is still teaching us how to live before he passes away. I feel even more anxious. --- "Soldiering through"... My current holdings are in soldiering mode, but my position doesn't agree. --- Basically, just don't run away. The biggest enemy of retail investors is their own fingers. --- How many years of losses does it take to earn this kind of wisdom...
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