Charlie Munger’s Teacher and the Sheep Story

I first heard David Senra retell this story on the Founders Podcast. It was a favorite story of Charlie Munger and a good one to share with kids. David shared a screenshot of the story here. I rewrote a version that might be helpful for the classroom.

The Teacher and the Sheep Story

In a rural school in Texas, a teacher asked the question, “If there are nine sheep in a pen and one jumps out, how many are left?”

“Eight!” the class responded.

But one little boy raised his hand and ...