---
title: "59 Way Quotes By Charlie Munger"
description: "59 Way quotes by Charlie Munger. Plus more from Charlie Munger and more Way sayings from other authors."
image: "https://sms4smile.com/quotes/i/6dc/charlie-munger-458_past_it-s-simplicity-itself-that-its-future-w_1143669.jpg"
---

> [It's simplicity itself that its future will be way worse than its past.](https://sms4smile.com/quotes/charlie-munger/it-s-simplicity-itself-that-its-future-will-be-way-worse-than-its-past/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/6dc/charlie-munger-458_past_it-s-simplicity-itself-that-its-future-w_1143669.jpg)

> [There's no way that you can live an adequate life without making many mistakes.](https://sms4smile.com/quotes/charlie-munger/there-s-no-way-that-you-can-live-an-adequate-life-without-making-many/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/8cf/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_787928.jpg)

> [As I continued through Cicero's pages, I found much more material celebrating my way of life.](https://sms4smile.com/quotes/charlie-munger/as-i-continued-through-cicero-s-pages-i-found-much-more-material/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/8da/charlie-munger-458_celebrate_as-i-continued-through-cicero-s-pages-i_2312340.jpg)

> [The safest way to get what you want is to deserve what you want.](https://sms4smile.com/quotes/charlie-munger/the-safest-way-to-get-what-you-want-is-to-deserve-what-you-want/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/747/charlie-munger-458_affluence_the-safest-way-to-get-what-you-want-is-t_2150523.jpg)

> [It's stupid the way people extrapolate the past -- and not slightly stupid, but massively stupid.](https://sms4smile.com/quotes/charlie-munger/it-s-stupid-the-way-people-extrapolate-the-past-and-not-slightly/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/f2a/charlie-munger-458_past_it-s-stupid-the-way-people-extrapolate-t_1559372.jpg)

> [I feel that by getting rich in the way I did, I think my own example has hurt my own country.](https://sms4smile.com/quotes/charlie-munger/i-feel-that-by-getting-rich-in-the-way-i-did-i-think-my-own-example/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/f90/charlie-munger-458_country_i-feel-that-by-getting-rich-in-the-way-i_2565096.jpg)

> [The only way to win is to work, work, work, work, and hope to have a few insights](https://sms4smile.com/quotes/charlie-munger/the-only-way-to-win-is-to-work-work-work-work-and-hope-to-have-a-few/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/367/charlie-munger-458_insight_the-only-way-to-win-is-to-work-work-work_2155068.jpg)

> [It's a rare business that doesn't have a way worse future than it has a past.](https://sms4smile.com/quotes/charlie-munger/it-s-a-rare-business-that-doesn-t-have-a-way-worse-future-than-it-has/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/8c5/charlie-munger-458_business_it-s-a-rare-business-that-doesn-t-have-a_2530094.jpg)

> [The SEC does way more good than harm - the last thing I would do is get rid of the SEC...if accounting…](https://sms4smile.com/quotes/charlie-munger/the-sec-does-way-more-good-than-harm-the-last-thing-i-would-do-is-get/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/9e5/charlie-munger-458_accounting_the-sec-does-way-more-good-than-harm-the_772464.jpg)

> [Like the stocks of both Berkshire and Wesco to trade within hailing distance of what we think of as intrinsic value. When…](https://sms4smile.com/quotes/charlie-munger/like-the-stocks-of-both-berkshire-and-wesco-to-trade-within-hailing/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/695/charlie-munger-458_america_like-the-stocks-of-both-berkshire-and-we_1974251.jpg)

> [ The general systems of money management \[today\] require people to pretend to do something they can't do and like something they don't.… ](https://sms4smile.com/quotes/charlie-munger/the-general-systems-of-money-management-today-require-people-to/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/246/charlie-munger-458_life_the-general-systems-of-money-management_798109.jpg)

> [Opportunity cost is a huge filter in life. If you've got two suitors who are really eager to have you and one…](https://sms4smile.com/quotes/charlie-munger/opportunity-cost-is-a-huge-filter-in-life-if-you-ve-got-two-suitors/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/3c4/charlie-munger-458_buying_opportunity-cost-is-a-huge-filter-in-lif_599205.jpg)

> [The average result has to be the average result. By definition, everybody can't beat the market. As I always say, the iron…](https://sms4smile.com/quotes/charlie-munger/the-average-result-has-to-be-the-average-result-by-definition/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/7e2/charlie-munger-458_average_the-average-result-has-to-be-the-average_1725810.jpg)

> [The way to win is to work, work, work, work and hope to have a few insights And you're probably not going…](https://sms4smile.com/quotes/charlie-munger/the-way-to-win-is-to-work-work-work-work-and-hope-to-have-a-few/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/342/charlie-munger-458_being-smart_the-way-to-win-is-to-work-work-work-work_197847.jpg)

> [There’s no way that you can live an adequate life without many mistakes. In fact, one trick in life is to get…](https://sms4smile.com/quotes/charlie-munger/there-s-no-way-that-you-can-live-an-adequate-life-without-many/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/300/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_2191161.jpg)

> [The tradition of always looking for the answer in the most fundamental way available - that is a great tradition, and it…](https://sms4smile.com/quotes/charlie-munger/the-tradition-of-always-looking-for-the-answer-in-the-most/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/549/charlie-munger-458_answers_the-tradition-of-always-looking-for-the_1653850.jpg)

> [Sears had layers and layers of people it didn't need. It was very bureaucratic. It was slow to think. And there was…](https://sms4smile.com/quotes/charlie-munger/sears-had-layers-and-layers-of-people-it-didn-t-need-it-was-very/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/5ea/charlie-munger-458_bigs_sears-had-layers-and-layers-of-people-it_3116289.jpg)

> [I always like it when someone attractive to me agrees with me, so I have fond memories of Phil Fisher. The idea…](https://sms4smile.com/quotes/charlie-munger/i-always-like-it-when-someone-attractive-to-me-agrees-with-me-so-i/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/888/charlie-munger-458_agree_i-always-like-it-when-someone-attractive_899717.jpg)

> [ I think we have lost our way when people like the \[board of\] governors and the CEO of the NYSE fail to… ](https://sms4smile.com/quotes/charlie-munger/i-think-we-have-lost-our-way-when-people-like-the-board-of-governors/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/6bb/charlie-munger-458_alcohol_i-think-we-have-lost-our-way-when-people_2506159.jpg)

> [Suppose you were a real estate investor with a 1/3 interest in the best apartment complex in town, the best mall, and…](https://sms4smile.com/quotes/charlie-munger/suppose-you-were-a-real-estate-investor-with-a-1-3-interest-in-the/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/d22/charlie-munger-458_apartment_suppose-you-were-a-real-estate-investor_839133.jpg)

> [You must know the big ideas in the big disciplines, and use them routinely - all of them, not just a few.…](https://sms4smile.com/quotes/charlie-munger/you-must-know-the-big-ideas-in-the-big-disciplines-and-use-them/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/d7f/charlie-munger-458_big-idea_you-must-know-the-big-ideas-in-the-big-d_3120836.jpg)

> [And your brain doesn't naturally know how to think the way Zeckhauser knows how to play bridge. "for example," people do not…](https://sms4smile.com/quotes/charlie-munger/and-your-brain-doesn-t-naturally-know-how-to-think-the-way-zeckhauser/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/92e/charlie-munger-458_affected_and-your-brain-doesn-t-naturally-know-ho_1086183.jpg)

> [Failure to handle psychological denial is a common way for people to go broke: you have made an enormous commitment to something.…](https://sms4smile.com/quotes/charlie-munger/failure-to-handle-psychological-denial-is-a-common-way-for-people-to/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/ca5/charlie-munger-458_broke_failure-to-handle-psychological-denial-i_2504780.jpg)

> [It's hard to predict what will happen with two brands in a market. Sometimes they will behave in a gentlemanly way, and…](https://sms4smile.com/quotes/charlie-munger/it-s-hard-to-predict-what-will-happen-with-two-brands-in-a-market/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/59d/charlie-munger-458_behave_it-s-hard-to-predict-what-will-happen-wi_167396.jpg)

> [At most corporations if you make an acquisition and it turns out to be a disaster, all the paperwork and presentations that…](https://sms4smile.com/quotes/charlie-munger/at-most-corporations-if-you-make-an-acquisition-and-it-turns-out-to/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/fae/charlie-munger-458_acquisition_at-most-corporations-if-you-make-an-acqu_1133619.jpg)

> [If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at…](https://sms4smile.com/quotes/charlie-munger/if-you-re-going-to-buy-something-which-compounds-for-30-years-at-15/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/913/charlie-munger-458_compounds_if-you-re-going-to-buy-something-which-c_1801712.jpg)

> [The interesting thing about it to me is the mindset. With all these "helpers" running around, they talk about doing deals. We…](https://sms4smile.com/quotes/charlie-munger/the-interesting-thing-about-it-to-me-is-the-mindset-with-all-these/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/bb6/charlie-munger-458_deals_the-interesting-thing-about-it-to-me-is_1399014.jpg)

> [I talked to one accountant, a very nice fellow who I would have been glad to have his family marry into mine.…](https://sms4smile.com/quotes/charlie-munger/i-talked-to-one-accountant-a-very-nice-fellow-who-i-would-have-been/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/b14/charlie-munger-458_accountants_i-talked-to-one-accountant-a-very-nice-f_2980092.jpg)

> [We don't have any miraculous way of avoiding taxes at Wesco and Berkshire.](https://sms4smile.com/quotes/charlie-munger/we-don-t-have-any-miraculous-way-of-avoiding-taxes-at-wesco-and/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/80a/charlie-munger-458_avoiding_we-don-t-have-any-miraculous-way-of-avoi_967192.jpg)

> [How you behave in one place, will help in surprising ways later.](https://sms4smile.com/quotes/charlie-munger/how-you-behave-in-one-place-will-help-in-surprising-ways-later/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/72d/charlie-munger-458_behave_how-you-behave-in-one-place-will-help-in_527661.jpg)

> [The game of investing is one of making better predictions about the future than other people. How are you going to do…](https://sms4smile.com/quotes/charlie-munger/the-game-of-investing-is-one-of-making-better-predictions-about-the/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/957/charlie-munger-458_areas_the-game-of-investing-is-one-of-making-b_2631546.jpg)

> [I know just enough about thermodynamics to understand that if it takes too much fossil-fuel energy to create ethanol, that's a very…](https://sms4smile.com/quotes/charlie-munger/i-know-just-enough-about-thermodynamics-to-understand-that-if-it/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/bd6/charlie-munger-458_energy_i-know-just-enough-about-thermodynamics_2209700.jpg)

> [The beauty of a financial institution is that there are a lot of ways to go to hell in a bucket. You…](https://sms4smile.com/quotes/charlie-munger/the-beauty-of-a-financial-institution-is-that-there-are-a-lot-of-ways/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/628/charlie-munger-458_acquisition_the-beauty-of-a-financial-institution-is_1034580.jpg)

> [Ben Franklin and Samuel Johnson, he credits their wisdom for his success. "They were both utterly brilliant men. And powerful communicators. Both…](https://sms4smile.com/quotes/charlie-munger/ben-franklin-and-samuel-johnson-he-credits-their-wisdom-for-his/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/d74/charlie-munger-458_ben-franklin_ben-franklin-and-samuel-johnson-he-credi_993184.jpg)

> [Proper accounting is like engineering. You need a margin of safety. Thank God we don't design bridges and airplanes the way we…](https://sms4smile.com/quotes/charlie-munger/proper-accounting-is-like-engineering-you-need-a-margin-of-safety/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/c5f/charlie-munger-458_accounting_proper-accounting-is-like-engineering-yo_2058110.jpg)

> [The safest way to try to get what you want is to try to deserve what you want. It's such a simple…](https://sms4smile.com/quotes/charlie-munger/the-safest-way-to-try-to-get-what-you-want-is-to-try-to-deserve-what/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/9cd/charlie-munger-458_deserve_the-safest-way-to-try-to-get-what-you-wa_2102093.jpg)

> [I think track records are very important. If you start early trying to have a perfect one in some simple thing like…](https://sms4smile.com/quotes/charlie-munger/i-think-track-records-are-very-important-if-you-start-early-trying-to/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/e3b/charlie-munger-458_honesty_i-think-track-records-are-very-important_518104.jpg)

> [The cost of being a publicly traded stock has gone way, way up. It doesn't make sense for a little company to…](https://sms4smile.com/quotes/charlie-munger/the-cost-of-being-a-publicly-traded-stock-has-gone-way-way-up-it/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/eeb/charlie-munger-458_company_the-cost-of-being-a-publicly-traded-stoc_3017860.jpg)

> [A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too…](https://sms4smile.com/quotes/charlie-munger/a-rough-rule-in-life-is-that-an-organization-foolish-in-one-way-in/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/995/charlie-munger-458_complex-systems_a-rough-rule-in-life-is-that-an-organiza_471559.jpg)

> [ Is anyone really surprised that Warren, who is the ultimate embodiment of concentrated decision-making power, picked somebody \[Bill and Melinda Gates\] who… ](https://sms4smile.com/quotes/charlie-munger/is-anyone-really-surprised-that-warren-who-is-the-ultimate-embodiment/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

[Image](https://sms4smile.com/quotes/i/e33/charlie-munger-458_bills_is-anyone-really-surprised-that-warren-w_1449574.jpg)

## Other authors on Way

## More by Charlie Munger

> [Almost all good businesses engage in 'pain today, gain tomorrow' activities.](https://sms4smile.com/quotes/charlie-munger/almost-all-good-businesses-engage-in-pain-today-gain-tomorrow/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [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…](https://sms4smile.com/quotes/charlie-munger/if-you-want-good-behavior-don-t-pay-on-a-commission-basis-our-judges/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to…](https://sms4smile.com/quotes/charlie-munger/acquire-worldly-wisdom-and-adjust-your-behavior-accordingly-if-your/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [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…](https://sms4smile.com/quotes/charlie-munger/i-think-time-and-time-again-in-reality-psychological-notions-and/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and…](https://sms4smile.com/quotes/charlie-munger/i-have-what-i-call-an-iron-prescription-that-helps-me-keep-sane-when/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [The tax code gives you an enormous advantage if you can find some things you can just sit with.](https://sms4smile.com/quotes/charlie-munger/the-tax-code-gives-you-an-enormous-advantage-if-you-can-find-some/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [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…](https://sms4smile.com/quotes/charlie-munger/the-great-lesson-in-microeconomics-is-to-discriminate-between-when/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.…](https://sms4smile.com/quotes/charlie-munger/some-years-ago-one-oil-company-bought-a-fertilizer-company-and-every/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [ They \[Mc Donalds\] take people and give them a first job, which enables them to get a second job. They do a very good… ](https://sms4smile.com/quotes/charlie-munger/they-mc-donalds-take-people-and-give-them-a-first-job-which-enables/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [What good is envy? It’s the one sin you can’t have any fun at.](https://sms4smile.com/quotes/charlie-munger/what-good-is-envy-it-s-the-one-sin-you-can-t-have-any-fun-at/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good…](https://sms4smile.com/quotes/charlie-munger/we-believe-that-almost-all-really-good-investment-records-will/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling…](https://sms4smile.com/quotes/charlie-munger/it-is-way-less-certain-to-be-a-wonderful-business-in-the-future-the/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell.](https://sms4smile.com/quotes/charlie-munger/in-the-corporate-world-if-you-have-analysts-due-diligence-and-no/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [We have to have a special insight, or we'll put it in the 'too tough' basket. All of you have to look for a…](https://sms4smile.com/quotes/charlie-munger/we-have-to-have-a-special-insight-or-we-ll-put-it-in-the-too-tough/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [I've heard that one-half of the students at elite schools want to go into private equity or hedge funds. They want to keep up…](https://sms4smile.com/quotes/charlie-munger/i-ve-heard-that-one-half-of-the-students-at-elite-schools-want-to-go/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/way/charlie-munger/#itemlist",
            "name": "59 Way Quotes By Charlie Munger",
            "numberOfItems": 40,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "It's simplicity itself that its future will be way worse than its past.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/it-s-simplicity-itself-that-its-future-will-be-way-worse-than-its-past/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/6dc/charlie-munger-458_past_it-s-simplicity-itself-that-its-future-w_1143669.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/6dc/charlie-munger-458_past_it-s-simplicity-itself-that-its-future-w_1143669.jpg",
                            "url": "https://sms4smile.com/quotes/i/6dc/charlie-munger-458_past_it-s-simplicity-itself-that-its-future-w_1143669.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“It's simplicity itself that its future will be way worse than its past.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "There's no way that you can live an adequate life without making many mistakes.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/there-s-no-way-that-you-can-live-an-adequate-life-without-making-many/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/8cf/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_787928.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/8cf/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_787928.jpg",
                            "url": "https://sms4smile.com/quotes/i/8cf/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_787928.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“There's no way that you can live an adequate life without making many mistakes.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "item": {
                        "@type": "Quotation",
                        "text": "As I continued through Cicero's pages, I found much more material celebrating my way of life.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/as-i-continued-through-cicero-s-pages-i-found-much-more-material/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/8da/charlie-munger-458_celebrate_as-i-continued-through-cicero-s-pages-i_2312340.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/8da/charlie-munger-458_celebrate_as-i-continued-through-cicero-s-pages-i_2312340.jpg",
                            "url": "https://sms4smile.com/quotes/i/8da/charlie-munger-458_celebrate_as-i-continued-through-cicero-s-pages-i_2312340.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“As I continued through Cicero's pages, I found much more material celebrating my way of life.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "item": {
                        "@type": "Quotation",
                        "text": "The safest way to get what you want is to deserve what you want.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-safest-way-to-get-what-you-want-is-to-deserve-what-you-want/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/747/charlie-munger-458_affluence_the-safest-way-to-get-what-you-want-is-t_2150523.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/747/charlie-munger-458_affluence_the-safest-way-to-get-what-you-want-is-t_2150523.jpg",
                            "url": "https://sms4smile.com/quotes/i/747/charlie-munger-458_affluence_the-safest-way-to-get-what-you-want-is-t_2150523.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The safest way to get what you want is to deserve what you want.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "item": {
                        "@type": "Quotation",
                        "text": "It's stupid the way people extrapolate the past -- and not slightly stupid, but massively stupid.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/it-s-stupid-the-way-people-extrapolate-the-past-and-not-slightly/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/f2a/charlie-munger-458_past_it-s-stupid-the-way-people-extrapolate-t_1559372.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/f2a/charlie-munger-458_past_it-s-stupid-the-way-people-extrapolate-t_1559372.jpg",
                            "url": "https://sms4smile.com/quotes/i/f2a/charlie-munger-458_past_it-s-stupid-the-way-people-extrapolate-t_1559372.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“It's stupid the way people extrapolate the past -- and not slightly stupid, but massively stupid.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 6,
                    "item": {
                        "@type": "Quotation",
                        "text": "I feel that by getting rich in the way I did, I think my own example has hurt my own country.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/i-feel-that-by-getting-rich-in-the-way-i-did-i-think-my-own-example/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/f90/charlie-munger-458_country_i-feel-that-by-getting-rich-in-the-way-i_2565096.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/f90/charlie-munger-458_country_i-feel-that-by-getting-rich-in-the-way-i_2565096.jpg",
                            "url": "https://sms4smile.com/quotes/i/f90/charlie-munger-458_country_i-feel-that-by-getting-rich-in-the-way-i_2565096.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I feel that by getting rich in the way I did, I think my own example has hurt my own country.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 7,
                    "item": {
                        "@type": "Quotation",
                        "text": "The only way to win is to work, work, work, work, and hope to have a few insights",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-only-way-to-win-is-to-work-work-work-work-and-hope-to-have-a-few/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/367/charlie-munger-458_insight_the-only-way-to-win-is-to-work-work-work_2155068.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/367/charlie-munger-458_insight_the-only-way-to-win-is-to-work-work-work_2155068.jpg",
                            "url": "https://sms4smile.com/quotes/i/367/charlie-munger-458_insight_the-only-way-to-win-is-to-work-work-work_2155068.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The only way to win is to work, work, work, work, and hope to have a few insights” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 8,
                    "item": {
                        "@type": "Quotation",
                        "text": "It's a rare business that doesn't have a way worse future than it has a past.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/it-s-a-rare-business-that-doesn-t-have-a-way-worse-future-than-it-has/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/8c5/charlie-munger-458_business_it-s-a-rare-business-that-doesn-t-have-a_2530094.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/8c5/charlie-munger-458_business_it-s-a-rare-business-that-doesn-t-have-a_2530094.jpg",
                            "url": "https://sms4smile.com/quotes/i/8c5/charlie-munger-458_business_it-s-a-rare-business-that-doesn-t-have-a_2530094.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“It's a rare business that doesn't have a way worse future than it has a past.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 9,
                    "item": {
                        "@type": "Quotation",
                        "text": "The SEC does way more good than harm - the last thing I would do is get rid of the SEC...if accounting were thoroughly fixed, a lot of other sins would go away. We're paying a huge price for deterioration of accounting.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-sec-does-way-more-good-than-harm-the-last-thing-i-would-do-is-get/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/9e5/charlie-munger-458_accounting_the-sec-does-way-more-good-than-harm-the_772464.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/9e5/charlie-munger-458_accounting_the-sec-does-way-more-good-than-harm-the_772464.jpg",
                            "url": "https://sms4smile.com/quotes/i/9e5/charlie-munger-458_accounting_the-sec-does-way-more-good-than-harm-the_772464.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The SEC does way more good than harm - the last thing I would do is get rid of the SEC...if accounting were…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 10,
                    "item": {
                        "@type": "Quotation",
                        "text": "Like the stocks of both Berkshire and Wesco to trade within hailing distance of what we think of as intrinsic value. When it runs up, we try to talk it down.  That's not at all common in Corporate America, but that's the way we act.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/like-the-stocks-of-both-berkshire-and-wesco-to-trade-within-hailing/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/695/charlie-munger-458_america_like-the-stocks-of-both-berkshire-and-we_1974251.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/695/charlie-munger-458_america_like-the-stocks-of-both-berkshire-and-we_1974251.jpg",
                            "url": "https://sms4smile.com/quotes/i/695/charlie-munger-458_america_like-the-stocks-of-both-berkshire-and-we_1974251.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Like the stocks of both Berkshire and Wesco to trade within hailing distance of what we think of as…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 11,
                    "item": {
                        "@type": "Quotation",
                        "text": "The general systems of money management [today] require people to pretend to do something they can't do and like something they don't. It's a terrible way to spend your life, but it's very well paid.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-general-systems-of-money-management-today-require-people-to/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/246/charlie-munger-458_life_the-general-systems-of-money-management_798109.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/246/charlie-munger-458_life_the-general-systems-of-money-management_798109.jpg",
                            "url": "https://sms4smile.com/quotes/i/246/charlie-munger-458_life_the-general-systems-of-money-management_798109.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The general systems of money management [today] require people to pretend to do something they can't do and…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 12,
                    "item": {
                        "@type": "Quotation",
                        "text": "Opportunity cost is a huge filter in life. If you've got two suitors who are really eager to have you and one is way the hell better than the other, you do not have to spend much time with the other. And that's the way we filter out buying opportunities.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/opportunity-cost-is-a-huge-filter-in-life-if-you-ve-got-two-suitors/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/3c4/charlie-munger-458_buying_opportunity-cost-is-a-huge-filter-in-lif_599205.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/3c4/charlie-munger-458_buying_opportunity-cost-is-a-huge-filter-in-lif_599205.jpg",
                            "url": "https://sms4smile.com/quotes/i/3c4/charlie-munger-458_buying_opportunity-cost-is-a-huge-filter-in-lif_599205.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Opportunity cost is a huge filter in life. If you've got two suitors who are really eager to have you and…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 13,
                    "item": {
                        "@type": "Quotation",
                        "text": "The average result has to be the average result. By definition, everybody can't beat the market. As I always say, the iron rule of life is that only 20% of the people can be in the top fifth. That's just the way it is.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-average-result-has-to-be-the-average-result-by-definition/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/7e2/charlie-munger-458_average_the-average-result-has-to-be-the-average_1725810.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/7e2/charlie-munger-458_average_the-average-result-has-to-be-the-average_1725810.jpg",
                            "url": "https://sms4smile.com/quotes/i/7e2/charlie-munger-458_average_the-average-result-has-to-be-the-average_1725810.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The average result has to be the average result. By definition, everybody can't beat the market. As I always…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 14,
                    "item": {
                        "@type": "Quotation",
                        "text": "The way to win is to work, work, work, work and hope to have a few insights And you're probably not going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up. It's just that simple.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-way-to-win-is-to-work-work-work-work-and-hope-to-have-a-few/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/342/charlie-munger-458_being-smart_the-way-to-win-is-to-work-work-work-work_197847.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/342/charlie-munger-458_being-smart_the-way-to-win-is-to-work-work-work-work_197847.jpg",
                            "url": "https://sms4smile.com/quotes/i/342/charlie-munger-458_being-smart_the-way-to-win-is-to-work-work-work-work_197847.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The way to win is to work, work, work, work and hope to have a few insights And you're probably not going to…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 15,
                    "item": {
                        "@type": "Quotation",
                        "text": "There’s no way that you can live an adequate life without many mistakes. In fact, one trick in life is to get so you can handle mistakes. Failure to handle psychological denial is a common way for people to go broke.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/there-s-no-way-that-you-can-live-an-adequate-life-without-many/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/300/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_2191161.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/300/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_2191161.jpg",
                            "url": "https://sms4smile.com/quotes/i/300/charlie-munger-458_adequate_there-s-no-way-that-you-can-live-an-adeq_2191161.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“There’s no way that you can live an adequate life without many mistakes. In fact, one trick in life is to…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 16,
                    "item": {
                        "@type": "Quotation",
                        "text": "The tradition of always looking for the answer in the most fundamental way available - that is a great tradition, and it saves a lot of time in this world.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-tradition-of-always-looking-for-the-answer-in-the-most/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/549/charlie-munger-458_answers_the-tradition-of-always-looking-for-the_1653850.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/549/charlie-munger-458_answers_the-tradition-of-always-looking-for-the_1653850.jpg",
                            "url": "https://sms4smile.com/quotes/i/549/charlie-munger-458_answers_the-tradition-of-always-looking-for-the_1653850.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The tradition of always looking for the answer in the most fundamental way available - that is a great…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 17,
                    "item": {
                        "@type": "Quotation",
                        "text": "Sears had layers and layers of people it didn't need. It was very bureaucratic. It was slow to think. And there was an established way of thinking. If you poked your head up with a new thought, the system kind of turned against you. It was everything in the way of a dysfunctional big bureaucracy that you would expect.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/sears-had-layers-and-layers-of-people-it-didn-t-need-it-was-very/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/5ea/charlie-munger-458_bigs_sears-had-layers-and-layers-of-people-it_3116289.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/5ea/charlie-munger-458_bigs_sears-had-layers-and-layers-of-people-it_3116289.jpg",
                            "url": "https://sms4smile.com/quotes/i/5ea/charlie-munger-458_bigs_sears-had-layers-and-layers-of-people-it_3116289.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Sears had layers and layers of people it didn't need. It was very bureaucratic. It was slow to think. And…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 18,
                    "item": {
                        "@type": "Quotation",
                        "text": "I always like it when someone attractive to me agrees with me, so I have fond memories of Phil Fisher. The idea that it was hard to find good investments, so concentrate in a few, seems to me to be an obviously good idea. But 98% of the investment world doesn't think this way.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/i-always-like-it-when-someone-attractive-to-me-agrees-with-me-so-i/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/888/charlie-munger-458_agree_i-always-like-it-when-someone-attractive_899717.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/888/charlie-munger-458_agree_i-always-like-it-when-someone-attractive_899717.jpg",
                            "url": "https://sms4smile.com/quotes/i/888/charlie-munger-458_agree_i-always-like-it-when-someone-attractive_899717.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I always like it when someone attractive to me agrees with me, so I have fond memories of Phil Fisher. The…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 19,
                    "item": {
                        "@type": "Quotation",
                        "text": "I think we have lost our way when people like the [board of] governors and the CEO of the NYSE fail to realize they have a duty to the rest of us to act as exemplars... You do not want your first-grade school teacher to be fornicating on the floor or drinking booze in the classroom; similarly you do not want your stock exchange to be setting the wrong moral example.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/i-think-we-have-lost-our-way-when-people-like-the-board-of-governors/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/6bb/charlie-munger-458_alcohol_i-think-we-have-lost-our-way-when-people_2506159.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/6bb/charlie-munger-458_alcohol_i-think-we-have-lost-our-way-when-people_2506159.jpg",
                            "url": "https://sms4smile.com/quotes/i/6bb/charlie-munger-458_alcohol_i-think-we-have-lost-our-way-when-people_2506159.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I think we have lost our way when people like the [board of] governors and the CEO of the NYSE fail to…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 20,
                    "item": {
                        "@type": "Quotation",
                        "text": "Suppose you were a real estate investor with a 1/3 interest in the best apartment complex in town, the best mall, and the best office building. Would you feel like a poor, undiversified investor? No! But as soon as you get into stocks, people feel this way. Partly, people need to justify their fees.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/suppose-you-were-a-real-estate-investor-with-a-1-3-interest-in-the/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/d22/charlie-munger-458_apartment_suppose-you-were-a-real-estate-investor_839133.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/d22/charlie-munger-458_apartment_suppose-you-were-a-real-estate-investor_839133.jpg",
                            "url": "https://sms4smile.com/quotes/i/d22/charlie-munger-458_apartment_suppose-you-were-a-real-estate-investor_839133.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Suppose you were a real estate investor with a 1/3 interest in the best apartment complex in town, the best…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 21,
                    "item": {
                        "@type": "Quotation",
                        "text": "You must know the big ideas in the big disciplines, and use them routinely - all of them, not just a few. Most people are trained in one model - economics, for example - and try to solve all problems in one way. You know the old saying: to the man with a hammer, the world looks like a nail. This is a dumb way of handling problems.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/you-must-know-the-big-ideas-in-the-big-disciplines-and-use-them/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/d7f/charlie-munger-458_big-idea_you-must-know-the-big-ideas-in-the-big-d_3120836.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/d7f/charlie-munger-458_big-idea_you-must-know-the-big-ideas-in-the-big-d_3120836.jpg",
                            "url": "https://sms4smile.com/quotes/i/d7f/charlie-munger-458_big-idea_you-must-know-the-big-ideas-in-the-big-d_3120836.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“You must know the big ideas in the big disciplines, and use them routinely - all of them, not just a few…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 22,
                    "item": {
                        "@type": "Quotation",
                        "text": "And your brain doesn't naturally know how to think the way Zeckhauser knows how to play bridge. \"for example,\" people do not react symmetrically to loss and gain. Well maybe a great bridge player like Zeckhauser does, but that's a trained response. Ordinary people, subconsciously affected by their inborn tendencies.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/and-your-brain-doesn-t-naturally-know-how-to-think-the-way-zeckhauser/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/92e/charlie-munger-458_affected_and-your-brain-doesn-t-naturally-know-ho_1086183.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/92e/charlie-munger-458_affected_and-your-brain-doesn-t-naturally-know-ho_1086183.jpg",
                            "url": "https://sms4smile.com/quotes/i/92e/charlie-munger-458_affected_and-your-brain-doesn-t-naturally-know-ho_1086183.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“And your brain doesn't naturally know how to think the way Zeckhauser knows how to play bridge. \"for…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 23,
                    "item": {
                        "@type": "Quotation",
                        "text": "Failure to handle psychological denial is a common way for people to go broke: you have made an enormous commitment to something. You have poured effort and money in. And the more you put in, the more that the whole consistency principle makes you think, \"Now it has to work. If I put in just a little more, then it will work.\"",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/failure-to-handle-psychological-denial-is-a-common-way-for-people-to/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/ca5/charlie-munger-458_broke_failure-to-handle-psychological-denial-i_2504780.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/ca5/charlie-munger-458_broke_failure-to-handle-psychological-denial-i_2504780.jpg",
                            "url": "https://sms4smile.com/quotes/i/ca5/charlie-munger-458_broke_failure-to-handle-psychological-denial-i_2504780.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Failure to handle psychological denial is a common way for people to go broke: you have made an enormous…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 24,
                    "item": {
                        "@type": "Quotation",
                        "text": "It's hard to predict what will happen with two brands in a market. Sometimes they will behave in a gentlemanly way, and sometimes they'll pound each other. I know of no way to predict whether they'll compete moderately or to the death. If you could figure it out, you could make a lot of money.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/it-s-hard-to-predict-what-will-happen-with-two-brands-in-a-market/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/59d/charlie-munger-458_behave_it-s-hard-to-predict-what-will-happen-wi_167396.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/59d/charlie-munger-458_behave_it-s-hard-to-predict-what-will-happen-wi_167396.jpg",
                            "url": "https://sms4smile.com/quotes/i/59d/charlie-munger-458_behave_it-s-hard-to-predict-what-will-happen-wi_167396.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“It's hard to predict what will happen with two brands in a market. Sometimes they will behave in a…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 25,
                    "item": {
                        "@type": "Quotation",
                        "text": "At most corporations if you make an acquisition and it turns out to be a disaster, all the paperwork and presentations that caused the dumb acquisition to be made are quickly forgotten. You've got denial, you've got everything in the world. You've got Pavlovian association tendency. Nobody even wants to even be associated with the damned thing or even mention it. At Johnson & Johnson, they make everybody revisit their old acquisitions and wade through the presentations. That is a very smart thing to do. And by the way, I do the same thing routinely.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/at-most-corporations-if-you-make-an-acquisition-and-it-turns-out-to/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/fae/charlie-munger-458_acquisition_at-most-corporations-if-you-make-an-acqu_1133619.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/fae/charlie-munger-458_acquisition_at-most-corporations-if-you-make-an-acqu_1133619.jpg",
                            "url": "https://sms4smile.com/quotes/i/fae/charlie-munger-458_acquisition_at-most-corporations-if-you-make-an-acqu_1133619.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“At most corporations if you make an acquisition and it turns out to be a disaster, all the paperwork and…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 26,
                    "item": {
                        "@type": "Quotation",
                        "text": "If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/if-you-re-going-to-buy-something-which-compounds-for-30-years-at-15/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/913/charlie-munger-458_compounds_if-you-re-going-to-buy-something-which-c_1801712.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/913/charlie-munger-458_compounds_if-you-re-going-to-buy-something-which-c_1801712.jpg",
                            "url": "https://sms4smile.com/quotes/i/913/charlie-munger-458_compounds_if-you-re-going-to-buy-something-which-c_1801712.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 27,
                    "item": {
                        "@type": "Quotation",
                        "text": "The interesting thing about it to me is the mindset. With all these \"helpers\"  running around, they talk about doing deals. We talk about welcoming partners. The  guy doing deals, he wants to do a deal and then unwind it in the near future. It's totally opposite for us. We like to build lasting relationships. I think our system will work  better in the long term than flipping deals. I think there are so many of them [helpers] that they'll get in ea h other's way. I don't  think they'll make enough money to meet their expectations, by flipping, flipping, flipping.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-interesting-thing-about-it-to-me-is-the-mindset-with-all-these/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/bb6/charlie-munger-458_deals_the-interesting-thing-about-it-to-me-is_1399014.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/bb6/charlie-munger-458_deals_the-interesting-thing-about-it-to-me-is_1399014.jpg",
                            "url": "https://sms4smile.com/quotes/i/bb6/charlie-munger-458_deals_the-interesting-thing-about-it-to-me-is_1399014.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The interesting thing about it to me is the mindset. With all these \"helpers\" running around, they talk…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 28,
                    "item": {
                        "@type": "Quotation",
                        "text": "I talked to one accountant, a very nice fellow who I would have been glad to have his family marry into mine. He said, \"What these other accounting firms have done is very unethical. The [tax avoidance scheme] works best if it's not found out [by the IRS], so we only give it to our best clients, not the rest, so it's unlikely to be discovered. So my firm is better than the others.\" [Laughter] I'm not kidding. And he was a perfectly nice man. People just follow the crowd...Their mind just drifts off in a ghastly way.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/i-talked-to-one-accountant-a-very-nice-fellow-who-i-would-have-been/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/b14/charlie-munger-458_accountants_i-talked-to-one-accountant-a-very-nice-f_2980092.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/b14/charlie-munger-458_accountants_i-talked-to-one-accountant-a-very-nice-f_2980092.jpg",
                            "url": "https://sms4smile.com/quotes/i/b14/charlie-munger-458_accountants_i-talked-to-one-accountant-a-very-nice-f_2980092.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I talked to one accountant, a very nice fellow who I would have been glad to have his family marry into…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 29,
                    "item": {
                        "@type": "Quotation",
                        "text": "We don't have any miraculous way of avoiding taxes at Wesco and Berkshire.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/we-don-t-have-any-miraculous-way-of-avoiding-taxes-at-wesco-and/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/80a/charlie-munger-458_avoiding_we-don-t-have-any-miraculous-way-of-avoi_967192.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/80a/charlie-munger-458_avoiding_we-don-t-have-any-miraculous-way-of-avoi_967192.jpg",
                            "url": "https://sms4smile.com/quotes/i/80a/charlie-munger-458_avoiding_we-don-t-have-any-miraculous-way-of-avoi_967192.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“We don't have any miraculous way of avoiding taxes at Wesco and Berkshire.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 30,
                    "item": {
                        "@type": "Quotation",
                        "text": "How you behave in one place, will help in surprising ways later.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/how-you-behave-in-one-place-will-help-in-surprising-ways-later/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/72d/charlie-munger-458_behave_how-you-behave-in-one-place-will-help-in_527661.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/72d/charlie-munger-458_behave_how-you-behave-in-one-place-will-help-in_527661.jpg",
                            "url": "https://sms4smile.com/quotes/i/72d/charlie-munger-458_behave_how-you-behave-in-one-place-will-help-in_527661.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“How you behave in one place, will help in surprising ways later.” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 31,
                    "item": {
                        "@type": "Quotation",
                        "text": "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.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-game-of-investing-is-one-of-making-better-predictions-about-the/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/957/charlie-munger-458_areas_the-game-of-investing-is-one-of-making-b_2631546.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/957/charlie-munger-458_areas_the-game-of-investing-is-one-of-making-b_2631546.jpg",
                            "url": "https://sms4smile.com/quotes/i/957/charlie-munger-458_areas_the-game-of-investing-is-one-of-making-b_2631546.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The game of investing is one of making better predictions about the future than other people. How are you…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 32,
                    "item": {
                        "@type": "Quotation",
                        "text": "I know just enough about thermodynamics to understand that if it takes too much fossil-fuel energy to create ethanol, that's a very stupid way to solve an energy problem.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/i-know-just-enough-about-thermodynamics-to-understand-that-if-it/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/bd6/charlie-munger-458_energy_i-know-just-enough-about-thermodynamics_2209700.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/bd6/charlie-munger-458_energy_i-know-just-enough-about-thermodynamics_2209700.jpg",
                            "url": "https://sms4smile.com/quotes/i/bd6/charlie-munger-458_energy_i-know-just-enough-about-thermodynamics_2209700.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I know just enough about thermodynamics to understand that if it takes too much fossil-fuel energy to create…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 33,
                    "item": {
                        "@type": "Quotation",
                        "text": "The beauty of a financial institution is that there are a lot of ways to go to hell in a bucket. You can push credit too far, do a dumb acquisition, leverage yourself excessively - it's not just derivatives [that can bring about your downfall].",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-beauty-of-a-financial-institution-is-that-there-are-a-lot-of-ways/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/628/charlie-munger-458_acquisition_the-beauty-of-a-financial-institution-is_1034580.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/628/charlie-munger-458_acquisition_the-beauty-of-a-financial-institution-is_1034580.jpg",
                            "url": "https://sms4smile.com/quotes/i/628/charlie-munger-458_acquisition_the-beauty-of-a-financial-institution-is_1034580.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The beauty of a financial institution is that there are a lot of ways to go to hell in a bucket. You can…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 34,
                    "item": {
                        "@type": "Quotation",
                        "text": "Ben Franklin and Samuel Johnson, he credits their wisdom for his success. \"They were both utterly brilliant men. And powerful communicators. Both have helped me all the way through life. Their lessons are easy to assimilate.\"",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/ben-franklin-and-samuel-johnson-he-credits-their-wisdom-for-his/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/d74/charlie-munger-458_ben-franklin_ben-franklin-and-samuel-johnson-he-credi_993184.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/d74/charlie-munger-458_ben-franklin_ben-franklin-and-samuel-johnson-he-credi_993184.jpg",
                            "url": "https://sms4smile.com/quotes/i/d74/charlie-munger-458_ben-franklin_ben-franklin-and-samuel-johnson-he-credi_993184.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Ben Franklin and Samuel Johnson, he credits their wisdom for his success. \"They were both utterly brilliant…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 35,
                    "item": {
                        "@type": "Quotation",
                        "text": "Proper accounting is like engineering. You need a margin of safety. Thank God we don't design bridges and airplanes the way we do accounting.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/proper-accounting-is-like-engineering-you-need-a-margin-of-safety/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/c5f/charlie-munger-458_accounting_proper-accounting-is-like-engineering-yo_2058110.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/c5f/charlie-munger-458_accounting_proper-accounting-is-like-engineering-yo_2058110.jpg",
                            "url": "https://sms4smile.com/quotes/i/c5f/charlie-munger-458_accounting_proper-accounting-is-like-engineering-yo_2058110.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Proper accounting is like engineering. You need a margin of safety. Thank God we don't design bridges and…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 36,
                    "item": {
                        "@type": "Quotation",
                        "text": "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.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-safest-way-to-try-to-get-what-you-want-is-to-try-to-deserve-what/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/9cd/charlie-munger-458_deserve_the-safest-way-to-try-to-get-what-you-wa_2102093.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/9cd/charlie-munger-458_deserve_the-safest-way-to-try-to-get-what-you-wa_2102093.jpg",
                            "url": "https://sms4smile.com/quotes/i/9cd/charlie-munger-458_deserve_the-safest-way-to-try-to-get-what-you-wa_2102093.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“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…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 37,
                    "item": {
                        "@type": "Quotation",
                        "text": "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.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/i-think-track-records-are-very-important-if-you-start-early-trying-to/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/e3b/charlie-munger-458_honesty_i-think-track-records-are-very-important_518104.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/e3b/charlie-munger-458_honesty_i-think-track-records-are-very-important_518104.jpg",
                            "url": "https://sms4smile.com/quotes/i/e3b/charlie-munger-458_honesty_i-think-track-records-are-very-important_518104.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“I think track records are very important. If you start early trying to have a perfect one in some simple…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 38,
                    "item": {
                        "@type": "Quotation",
                        "text": "The cost of being a publicly traded stock has gone way, way up. It doesn't make sense for a little company to be public anymore. A lot of little companies are going private to be rid of these burdensome requirements.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/the-cost-of-being-a-publicly-traded-stock-has-gone-way-way-up-it/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/eeb/charlie-munger-458_company_the-cost-of-being-a-publicly-traded-stoc_3017860.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/eeb/charlie-munger-458_company_the-cost-of-being-a-publicly-traded-stoc_3017860.jpg",
                            "url": "https://sms4smile.com/quotes/i/eeb/charlie-munger-458_company_the-cost-of-being-a-publicly-traded-stoc_3017860.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“The cost of being a publicly traded stock has gone way, way up. It doesn't make sense for a little company…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 39,
                    "item": {
                        "@type": "Quotation",
                        "text": "A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too likely to be foolish in another.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/a-rough-rule-in-life-is-that-an-organization-foolish-in-one-way-in/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/995/charlie-munger-458_complex-systems_a-rough-rule-in-life-is-that-an-organiza_471559.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/995/charlie-munger-458_complex-systems_a-rough-rule-in-life-is-that-an-organiza_471559.jpg",
                            "url": "https://sms4smile.com/quotes/i/995/charlie-munger-458_complex-systems_a-rough-rule-in-life-is-that-an-organiza_471559.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 40,
                    "item": {
                        "@type": "Quotation",
                        "text": "Is anyone really surprised that Warren, who is the ultimate embodiment of concentrated decision-making power, picked somebody [Bill and Melinda Gates] who he thinks is like him in many important ways? It was a noble and sensible decision.",
                        "creator": {
                            "@type": "Person",
                            "name": "Charlie Munger"
                        },
                        "url": "https://sms4smile.com/quotes/charlie-munger/is-anyone-really-surprised-that-warren-who-is-the-ultimate-embodiment/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/e33/charlie-munger-458_bills_is-anyone-really-surprised-that-warren-w_1449574.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/e33/charlie-munger-458_bills_is-anyone-really-surprised-that-warren-w_1449574.jpg",
                            "url": "https://sms4smile.com/quotes/i/e33/charlie-munger-458_bills_is-anyone-really-surprised-that-warren-w_1449574.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Is anyone really surprised that Warren, who is the ultimate embodiment of concentrated decision-making…” — Charlie Munger",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/way/charlie-munger/#webpage",
            "url": "https://sms4smile.com/quotes/about/way/charlie-munger/",
            "name": "Way Quotes by Charlie Munger",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/way/charlie-munger/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/6dc/charlie-munger-458_past_it-s-simplicity-itself-that-its-future-w_1143669.jpg"
            },
            "description": "59 Way quotes by Charlie Munger. Plus more from Charlie Munger and more Way sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/way/charlie-munger/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/way/charlie-munger/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Way",
                    "item": "https://sms4smile.com/quotes/about/way/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "Charlie Munger",
                    "item": "https://sms4smile.com/quotes/about/way/charlie-munger/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```