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Charlie Munger Quotes

I think that one should recognize reality even when one doesn’t like it; indeed, especially when one doesn’t like it Picture Quote #1

Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you’ve won Picture Quote #1

In the corporate world, if you have analysts, due diligence, and no horse sense, you’ve just described hell Picture Quote #1

How could economics not be behavioral? If it isn’t behavioral, what the hell is it? Picture Quote #1

The ethos of not fooling yourself is one of the best you could possibly have. It’s powerful because it’s so rare Picture Quote #1

Warren is one of the best learning machines on this earth. The turtles who outrun the hares are learning machines. If you stop learning in this world, the world rushes right by you Picture Quote #1

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To me, it’s obvious that the winner has to bet very selectively. It’s been obvious to me since very early in life. I don’t know why it’s not obvious to very many other people Picture Quote #1

If the value of a company doesn’t just scream out at you, it’s too close Picture Quote #1

Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to hell with them Picture Quote #1

The game of investing is one of making better predictions about the future than other people. How are you going to do that? One way is to limit your tries to areas of competence. If you try to predict the future of everything, you attempt too much Picture Quote #1

The safest way to try to get what you want is to try to deserve what you want. It’s such a simple idea. It’s the golden rule. You want to deliver to the world what you would buy if you were on the other end Picture Quote #1

The best thing a human being can do is to help another human being know more Picture Quote #1

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No wise pilot, no matter how great his talent and experience, fails to use his checklist Picture Quote #1

Once you get into debt, it’s hell to get out. Don’t let credit card debt carry over. You can’t get ahead paying eighteen percent Picture Quote #1

If you can get good at destroying your own wrong ideas, that is a great gift Picture Quote #1

If it is wisdom you’re after, you’re going to spend a lot of time on your ass reading Picture Quote #1

You have to have a temperament to grab ideas and do sensible things. Most people don’t grab the right ideas or don’t know what to do with them Picture Quote #1

Bull markets go to people’s heads. If you’re a duck on a pond, and it’s rising due to a downpour, you start going up in the world. But you think it’s you, not the pond Picture Quote #1

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It’s been my experience in life if you just keep thinking and reading, you don’t have to work Picture Quote #1

I think track records are very important. If you start early trying to have a perfect one in some simple thing like honesty, you’re well on your way to success in this world Picture Quote #1

Mankind invented a system to cope with the fact that we are so intrinsically lousy at manipulating numbers. It’s called the graph Picture Quote #1

I’m not entitled to have an opinion unless I can state the arguments against my position better than the people who are in opposition. I think that I am qualified to speak only when I’ve reached that state Picture Quote #1

I don’t spend much time regretting the past, once I’ve taken my lesson from it. I don’t dwell on it Picture Quote #1

It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and easily learned principles Picture Quote #1

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Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company’s owners are slim at best Picture Quote #1

A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc Picture Quote #1

Never, ever, think about something else when you should be thinking about the power of incentives Picture Quote #1

Intense interest in any subject is indispensable if you’re really going to excel in it Picture Quote #1

If you buy something because it’s undervalued, then you have to think about selling it when it approaches your calculation of its intrinsic value. That’s hard. But if you buy a few great companies, then you can sit on your ass. That’s a good thing Picture Quote #1

I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge Picture Quote #1

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Friendship Quotes

Motivational Quotes

Inspirational Quotes

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Text Quotes

I think that one should recognize reality even when one doesn’t like it; indeed, especially when one doesn’t like it (Charlie Munger Quotes) Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you’ve won (Charlie Munger Quotes) In the corporate world, if you have analysts, due diligence, and no horse sense, you’ve just described hell (Charlie Munger Quotes) How could economics not be behavioral? If it isn’t behavioral, what the hell is it? (Charlie Munger Quotes) The ethos of not fooling yourself is one of the best you could possibly have. It’s powerful because it’s so rare (Charlie Munger Quotes) Warren is one of the best learning machines on this earth. The turtles who outrun the hares are learning machines. If you stop learning in this world, the world rushes right by you (Charlie Munger Quotes) To me, it’s obvious that the winner has to bet very selectively. It’s been obvious to me since very early in life. I don’t know why it’s not obvious to very many other people (Charlie Munger Quotes) If the value of a company doesn’t just scream out at you, it’s too close (Charlie Munger Quotes) Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to hell with them (Charlie Munger Quotes) The game of investing is one of making better predictions about the future than other people. How are you going to do that? One way is to limit your tries to areas of competence. If you try to predict the future of everything, you attempt too much (Charlie Munger Quotes) The safest way to try to get what you want is to try to deserve what you want. It’s such a simple idea. It’s the golden rule. You want to deliver to the world what you would buy if you were on the other end (Charlie Munger Quotes) The best thing a human being can do is to help another human being know more (Charlie Munger Quotes) No wise pilot, no matter how great his talent and experience, fails to use his checklist (Charlie Munger Quotes) Once you get into debt, it’s hell to get out. Don’t let credit card debt carry over. You can’t get ahead paying eighteen percent (Charlie Munger Quotes) If you can get good at destroying your own wrong ideas, that is a great gift (Charlie Munger Quotes) If it is wisdom you’re after, you’re going to spend a lot of time on your ass reading (Charlie Munger Quotes) You have to have a temperament to grab ideas and do sensible things. Most people don’t grab the right ideas or don’t know what to do with them (Charlie Munger Quotes) Bull markets go to people’s heads. If you’re a duck on a pond, and it’s rising due to a downpour, you start going up in the world. But you think it’s you, not the pond (Charlie Munger Quotes) It’s been my experience in life if you just keep thinking and reading, you don’t have to work (Charlie Munger Quotes) I think track records are very important. If you start early trying to have a perfect one in some simple thing like honesty, you’re well on your way to success in this world (Charlie Munger Quotes) Mankind invented a system to cope with the fact that we are so intrinsically lousy at manipulating numbers. It’s called the graph (Charlie Munger Quotes) I’m not entitled to have an opinion unless I can state the arguments against my position better than the people who are in opposition. I think that I am qualified to speak only when I’ve reached that state (Charlie Munger Quotes) I don’t spend much time regretting the past, once I’ve taken my lesson from it. I don’t dwell on it (Charlie Munger Quotes) It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and easily learned principles (Charlie Munger Quotes) Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company’s owners are slim at best (Charlie Munger Quotes) A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc (Charlie Munger Quotes) Never, ever, think about something else when you should be thinking about the power of incentives (Charlie Munger Quotes) Intense interest in any subject is indispensable if you’re really going to excel in it (Charlie Munger Quotes) If you buy something because it’s undervalued, then you have to think about selling it when it approaches your calculation of its intrinsic value. That’s hard. But if you buy a few great companies, then you can sit on your ass. That’s a good thing (Charlie Munger Quotes) I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge (Charlie Munger Quotes)

1 - 3 4 5 6 7 8