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  • What do you want to avoid? Such an easy answer: sloth and unreliability. If you're unreliable it doesn't matter what your virtues are. You're going to crater immediately. Doing what you have faithfully engaged to do should be an automatic part of your conduct. You want to avoid sloth and unreliability.

    "Charlie Munger USC Law Commencement Speech- May 2007 3/5". Youtube video, www.youtube.com. January 19, 2010.