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And maybe the cereal makers by and large have learned to…

“And maybe the cereal makers by and large have learned to be less crazy about fighting for market share-because if you get even one person who's hell-bent on gaining market share… For example, if I were Kellogg and I decided that I had to have 60% of the market, I think I could take most of the…” quote by Charlie Munger
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“And maybe the cereal makers by and large have learned to be less crazy about fighting for market share-because if you get even one person who's hell-bent on gaining market share… For example, if I were Kellogg and I decided that I had to have 60% of the market, I think I could take most of the profit out of cereals. I'd ruin Kellogg in the process. But I think I could do it.”

Charlie Munger

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Excessive focus on dominating market share can destroy profitability and the industry itself.

In simple terms: Chasing total market control harms everyone.

Key Takeaway

Beware of overreaching market dominance.

Themes

business competition ethics

Mood

cautious analytical

Type

business strategic

When to use this quote

  • corporate strategy
  • industry health
  • pricing
  • product development

Key Concepts

monopoly strategic restraint

Questions to Reflect On

  • Is total market share worth the risk?
  • How can firms balance growth with industry stability?
A Different Perspective

Market domination can lead to self‑destruction.

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