Discipline Quotes by Charlie Munger

12 Discipline quotes by Charlie Munger

All Discipline quotes Charlie Munger’s page

Munger’s 12 reflections cut straight to the chase, pairing wit with disciplined thinking. They’re a solid primer for anyone looking to sharpen decision‑making through steady habits.

Rate this collection: ★ ★ ★ ★ ★ No ratings yet

When I run into a paradox I think either I'm a total horse's ass to have gotten to this point, or I'm…

Charlie Munger

Image

Berkshire was built on the eternal verities: basic mathematics, basic horse sense, basic fear, and basic diagnosis of human nature to make…

Charlie Munger

Image

Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet…

Charlie Munger

Image

We've got great flexibility and a certain discipline in terms of not doing some foolish thing just to be active - discipline…

Charlie Munger

Image

Everybody engaged in complex work needs colleagues. Just the discipline of having to put your thoughts in order with somebody else is…

Charlie Munger

Image

For some odd reason, I had an early and extreme multidisciplinary cast of mind. I couldn't stand reaching for a small idea…

Charlie Munger

Image

I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting…

Charlie Munger

Image

A lot of people with high IQs are terrible investors because they've got terrible temperaments. And that is why we say that…

Charlie Munger

Image

We get these questions a lot from the enterprising young. It's a very intelligent question: You look at some old guy who's…

Charlie Munger

Image

You must know the big ideas in the big disciplines, and use them routinely - all of them, not just a few.…

Charlie Munger

Image

If you're going to be an investor, you're going to make some investments where you don't have all the experience you need.…

Charlie Munger

Image

To finish first you have to first finish. Don't get in a position where you go back to go. What's interesting is…

Charlie Munger

Image

Other authors on Discipline

More by Charlie Munger

Almost all good businesses engage in 'pain today, gain tomorrow' activities.

Charlie Munger

Image

If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well…

Charlie Munger

Image

Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to…

Charlie Munger

Image

I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned…

Charlie Munger

Image

I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and…

Charlie Munger

Image

The tax code gives you an enormous advantage if you can find some things you can just sit with.

Charlie Munger

Image

The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And…

Charlie Munger

Image

Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.…

Charlie Munger

Image

They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good…

Charlie Munger

Image

What good is envy? It’s the one sin you can’t have any fun at.

Charlie Munger

Image

We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good…

Charlie Munger

Image

It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling…

Charlie Munger

Image