According to @QCompounding, Charlie Munger called William Green’s Richer, Wiser, Happier one of the best investing books ever written, underscoring its practical edge for investor decision-making (source: @QCompounding, Nov 16, 2025). According to William Green in Richer, Wiser, Happier, elite investors prioritize downside protection and a margin of safety, concentrate capital only when odds are clearly asymmetric, stay patient to let compounding work, use checklists to cut errors, avoid excessive leverage and complexity, keep turnover and emotions low, and clone proven strategies judiciously; traders can translate these into strict risk limits, selective position sizing, and longer holding periods for high-quality setups (source: William Green, Richer, Wiser, Happier, 2021).

According to @QCompounding, the book Richer, Wiser, Happier by William Green is highlighted as item 14 in a recommended investing list, flagging it as a resource for principles that traders can apply across equities and crypto markets (source: @QCompounding on X, Aug 10, 2025). The book distills practical rules such as patience in compounding, a wide margin of safety, humility about uncertainty, and avoiding excessive leverage, which translate into disciplined position sizing, conservative drawdown limits, and longer holding periods for quality assets (source: William Green, Richer, Wiser, Happier, 2021). Applying these principles can guide BTC and ETH traders to prioritize risk-adjusted returns over short-term noise by capping leverage, focusing on durable theses, and letting compounding work over multi-year horizons (source: William Green, Richer, Wiser, Happier, 2021).