PCA – Vocabulary Sessions – 1

So first of all, welcome to all – To my very first vocabulary session, today I will try to explore the 5 new words from the supertext on The Great Charlie Munger – Poor Charlie’s Almanack to which I have also abbreviated as PCA here.

In this Vocabulary Session, we will learn and explore about the 5 new words and those words are…

Poor Charlie’s Almanack – Vocabulary Sessions – 1

In the book Poor Charlie’s Almanack the Talk Two: A Lesson on Elementary, Worldly Wisdom as It Relates to Investment Management and Business, the talk on worldly wisdom starts in this way..

…So, emphasizing what I sometimes waggishly call remedial worldly wisdom, I’m going to start by waltzing you through a few basic notions.

You can find these lines on page 166, our 5 words for this session comes from this line.

1. Emphasizing
2. Waggishly
3. Remedial
4. Waltzing
5. Notions

Without wasting any more time, let’s start with our very first word,

1: Emphasizing:

Google explains it’s meaning like this…

I found this word on Page 166 of Poor Charlie’s Almanack – Talk Two.

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2: Waggishly:

Waggishly in layman language or in simple words means ‘In a Joking way.’

One of the online translation in Hindi language (to understand it better) explains it in this way…

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3: Remedial:

Remedial in simple words means that to find a solution or to cure.

Google explains the meaning of the word “Remedial” in this way…

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4: Waltzing:

In layman language Waltzing means to achieve something without difficulty. 

Now, let’s see how Google explains it..

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5: Notions:

A Notion means an Idea, Concept or Thought about something.

Google explains the meaning of Notions in this way…

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As we have explored the meanings of the above five words, now let’s try to explain the actual line of Charlie Munger in his speech A Lesson on Elementary, Worldly Wisdom, to understand it better.

…So, emphasizing what I sometimes waggishly call remedial worldly wisdom, I’m going to start by waltzing you through a few basic notions.

 

So, focusing on what I sometimes I call in a joking way – a solution of worldly wisdom, I’m going to start by helping you to achieve something without difficulty through a few basic ideas and concepts.

Well, I have tried my best to explain and understand it better – What Charlie Munger said in his speech at University of Southern California on “A Lesson on Elementary, Worldly Wisdom as It Relates to Investment Management and Business.”

If I’m wrong anywhere please forgive me and I also request you to intimate me about the errors by tweeting @gurpreet_saluja.

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