Deliver to the world what you would buy if you were on the other end. — Charlie Munger Copy Share Image
If the value of a company doesn't just scream out at you, it's too close. — Charlie Munger Copy Share Image
Any year that you don't destroy one of your best-loved ideas is probably a wasted year — Charlie Munger Copy Share Image
The best thing a human being can do is to help another human being know more. — Charlie Munger Copy Share Image
I think that one should recognize reality even when one doesn't like it; indeed, especially when one doesn't like it. — Charlie Munger Copy Share Image
Never, ever, think about something else when you should be thinking about the power of incentives. — Charlie Munger Copy Share Image
When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?' — Charlie Munger Copy Share Image
The only way to win is to work, work, work, work, and hope to have a few insights — Charlie Munger Copy Share Image
We’re partial to putting out large amounts of money where we won’t have to make another decision. — Charlie Munger Copy Share Image
To me, it's obvious that the winner has to bet very selectively. It's been obvious to me since very early in life.… — Charlie Munger Copy Share Image
You're looking for a mispriced gamble. That's what investing is. And you have to know enough to know whether the gamble is… — Charlie Munger Copy Share Image
Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount… — Charlie Munger Copy Share Image
You're not going to get very far in life based on what you already know. You're going to advance in life by… — Charlie Munger Copy Share Image
I'm right, and you're smart, and sooner or later you'll see I'm right. — Charlie Munger Copy Share Image
Whoever makes you smarter a little earlier in life makes you better — Charlie Munger Copy Share Image
If it is wisdom you're after, you're going to spend a lot of time on your ass reading. — Charlie Munger Copy Share Image
If you can get good at destroying your own wrong ideas, that is a great gift. — Charlie Munger Copy Share Image
There must be some wisdom in the folk saying: Its the strong swimmers who drown. — Charlie Munger Copy Share Image
Those who will not face improvements because they are changes, will face changes that are not improvements. — Charlie Munger Copy Share Image
The more hard lessons you can learn vicariously rather than through your own hard experience, the better. — Charlie Munger Copy Share Image
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 Copy Share Image
Avoid working directly under somebody you don't admire and don't want to be like. — Charlie Munger Copy Share Image
It's been my experience in life if you just keep thinking and reading, you don't have to work. — Charlie Munger Copy Share Image
How could economics not be behavioral? If it isn't behavioral, what the hell is it? — Charlie Munger Copy Share Image
The liabilities are always 100 percent good. It's the assets you have to worry about. — Charlie Munger Copy Share Image
Almost all good businesses engage in 'pain today, gain tomorrow' activities. — Charlie Munger Copy Share 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 Copy Share 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 Copy Share 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 Copy Share 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 Copy Share Image
The tax code gives you an enormous advantage if you can find some things you can just sit with. — Charlie Munger Copy Share 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 Copy Share 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 Copy Share 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 Copy Share 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 Copy Share 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 Copy Share 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 job of educating troubled young people to be good citizens and they're probably more successful than charter schools.” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/a55/charlie-munger-458_be-good_they-mc-donalds-take-people-and-give-the_41809.jpg)
![“It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling to parlay their existing advantage into dominance on the Internet. But it is way less sure [that this will occur] than the certainty 20 years ago that…” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/8d0/charlie-munger-458_advantage_it-is-way-less-certain-to-be-a-wonderful_59627.jpg)