The 5 Mental Models New Managers Should Borrow from Charlie Munger (Ep 315) episode artwork

EPISODE · Jun 2, 2026 · 31 MIN

The 5 Mental Models New Managers Should Borrow from Charlie Munger (Ep 315)

from The Manager Track · host Ramona Shaw

Most leadership advice tells you what to think. Be more decisive, be more empathetic, give better feedback, and so on. Charlie Munger spent his life paying attention to the layer underneath all of that, which is how to think.He never wrote a leadership book. He never gave a TED Talk on management. And yet his thinking tools hold up better in a real team meeting than most material on the leadership shelf.In this episode, Ramona pulls five of Munger's mental models out of Poor Charlie's Almanack and shows where each one lands inside the actual week of a manager.A few of the threads she pulls on:Why "How do I build a great team?" is the wrong question, and what to ask insteadThe pattern hiding behind the people problem on your teamThe cost of staying inside your circle of competence, and the higher cost of pretending you're outside itThe favorite tool quietly editing what you're able to see in your direct reportsWhy a logically airtight rollout still hits a wall, and the second track you're missingIf you've ever made a clean, rational call as a manager and watched it land badly anyway, this episode is for you.Watch on YouTube: The Manager Track on YouTubeLinksPoor Charlie's Almanack (the collection of Charlie Munger's talks and writings referenced in the episode): https://a.co/d/03nCgIP8Schedule a Leadership Strategy Call with Ramona: https://calendly.com/ramonashaw/leadership-strategy-sessionGrab the free New Manager Toolkit mentioned in the episode: archova.org/freetoolkitsTurn your 1-on-1 meetings into your most valuable meeting of the week: http://archova.org/1on1-courseGrab your copy of Ramona's best-selling book, The Confident & Competent New Manager: amzn.to/3TuOdcPOther Episodes You Might LikeEpisode 105 – Train Your Thinking to Become a Better Leader: https://www.ramonashaw.com/105-train-your-thinking-to-become-a-better-leaderEpisode 169 – Dual Models Leaders Have to Navigate: https://www.ramonashaw.com/169-dual-modelsWhat's Next?Learn more about our leadership development programs, coaching and workshops at archova.orgGrab Ramona's best-selling book, The Confident & Competent New Manager: amzn.to/3TuOdcPWant to better understand your leadership style? Take our free quiz to discover your Manager Archetype: archova.org/quizAre you in your first manager role? Watch our FREE Masterclass: archova.org/masterclassLove the podcast? Leave a review at ramonashaw.com/itunes and on our Spotify PageIf this episode inspired you, screenshot it on your device, post to your Instagram Stories, and tag @ramona.shaw.leadership or DM Ramona on LinkedIn at linkedin.com/in/ramona-shaw* Disclaimer: Shownotes may contain affiliate links. That means that I am awarded a small commission for purchases made through them, at no added cost to you.

Most leadership advice tells you what to think. Be more decisive, be more empathetic, give better feedback, and so on. Charlie Munger spent his life paying attention to the layer underneath all of that, which is how to think.He never wrote a leadership book. He never gave a TED Talk on management. And yet his thinking tools hold up better in a real team meeting than most material on the leadership shelf.In this episode, Ramona pulls five of Munger's mental models out of Poor Charlie's Almanack and shows where each one lands inside the actual week of a manager.A few of the threads she pulls on:Why "How do I build a great team?" is the wrong question, and what to ask insteadThe pattern hiding behind the people problem on your teamThe cost of staying inside your circle of competence, and the higher cost of pretending you're outside itThe favorite tool quietly editing what you're able to see in your direct reportsWhy a logically airtight rollout still hits a wall, and the second track you're missingIf you've ever made a clean, rational call as a manager and watched it land badly anyway, this episode is for you.Watch on YouTube: The Manager Track on YouTubeLinksPoor Charlie's Almanack (the collection of Charlie Munger's talks and writings referenced in the episode): https://a.co/d/03nCgIP8Schedule a Leadership Strategy Call with Ramona: https://calendly.com/ramonashaw/leadership-strategy-sessionGrab the free New Manager Toolkit mentioned in the episode: archova.org/freetoolkitsTurn your 1-on-1 meetings into your most valuable meeting of the week: http://archova.org/1on1-courseGrab your copy of Ramona's best-selling book, The Confident & Competent New Manager: amzn.to/3TuOdcPOther Episodes You Might LikeEpisode 105 – Train Your Thinking to Become a Better Leader: https://www.ramonashaw.com/105-train-your-thinking-to-become-a-better-leaderEpisode 169 – Dual Models Leaders Have to Navigate: https://www.ramonashaw.com/169-dual-modelsWhat's Next?Learn more about our leadership development programs, coaching and workshops at archova.orgGrab Ramona's best-selling book, The Confident & Competent New Manager: amzn.to/3TuOdcPWant to better understand your leadership style? Take our free quiz to discover your Manager Archetype: archova.org/quizAre you in your first manager role? Watch our FREE Masterclass: archova.org/masterclassLove the podcast? Leave a review at ramonashaw.com/itunes and on our Spotify PageIf this episode inspired you, screenshot it on your device, post to your Instagram Stories, and tag @ramona.shaw.leadership or DM Ramona on LinkedIn at linkedin.com/in/ramona-shaw* Disclaimer: Shownotes may contain affiliate links. That means that I am awarded a small commission for purchases made through them, at no added cost to you.

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The 5 Mental Models New Managers Should Borrow from Charlie Munger (Ep 315)

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Most leadership advice tells you what to think. Be more decisive, be more empathetic, give better feedback, and so on. Charlie Munger spent his life paying attention to the layer underneath all of that, which is how to think.He never wrote a...

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