Too much Quotes by Charlie Munger

10 Too much quotes by Charlie Munger

All Too much quotes Charlie Munger’s page

Munger's blunt wisdom cuts through the noise; these ten observations warn against too much risk, optimism, and complexity in finance and life.

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Wall Street has too much wealth and political power.

Charlie Munger

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People calculate too much and think too little.

Charlie Munger

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A banker who is allowed to borrow money at X and loan it out at X plus Y will just go crazy…

Charlie Munger

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Organized common (or uncommon) sense -- very basic knowledge -- is an enormously powerful tool. There are huge dangers with computers. People…

Charlie Munger

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I know just enough about thermodynamics to understand that if it takes too much fossil-fuel energy to create ethanol, that's a very…

Charlie Munger

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We may well have a competitive advantage buying decent businesses at decent prices. But they won't be fabulous businesses and fabulous prices.…

Charlie Munger

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The game of investing is one of making better predictions about the future than other people. How are you going to do…

Charlie Munger

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I don't have too much interest in teaching other people how to get rich. And that isn't because I fear the competition…

Charlie Munger

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The possibility that stock value in aggregate can become irrationally high is contrary to the hard-form "efficient market" theory that many of…

Charlie Munger

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...in terms of business mistakes that I've seen over a long lifetime, I would say that trying to minimize taxes too much…

Charlie Munger

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More by Charlie Munger

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

Charlie Munger

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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

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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

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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

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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

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

Charlie Munger

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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

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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

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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

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

Charlie Munger

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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

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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

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