Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group… — Charlie Munger Copy Share Image
We have to have a special insight, or we'll put it in the 'too tough' basket. All of you have to look… — Charlie Munger Copy Share Image
The way to win is to work, work, work, work and hope to have a few insights And you're probably not going… — Charlie Munger Copy Share Image
A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business — Charlie Munger Copy Share Image
You don't have to have perfect wisdom to get very rich - just a bit better than average over a long period… — Charlie Munger Copy Share Image
Spend each day trying to be a little wiser than you were when you woke up. — Charlie Munger Copy Share Image
I will say this: I know no wise person who doesn't read a lot. I suspect that you can read on the… — Charlie Munger Copy Share Image
Part of that, I think, is being able to tune out folly, as distinguished from recognizing wisdom. You've got whole categories of… — Charlie Munger Copy Share Image
Even bright people are going to have limited, really valuable insights in a very competitive world when they're fighting against other very… — Charlie Munger Copy Share Image
Part of [having uncommon sense] is being able to tune out folly, as opposed to recognizing wisdom. If you bat away many… — Charlie Munger Copy Share Image
If it is wisdom you're after, you're going to spend a lot of time on your ass reading. — Charlie Munger Copy Share Image
There is the sheer amount of Franklin's wisdom. And the talent. Franklin played four instruments. He was the nation's leading scientist and… — Charlie Munger Copy Share Image
You must have the confidence to override people with more credentials than you whose cognition is impaired by incentive-caused bias or some… — Charlie Munger Copy Share Image
Ben Franklin and Samuel Johnson, he credits their wisdom for his success. "They were both utterly brilliant men. And powerful communicators. Both… — Charlie Munger Copy Share Image
No wise pilot, no matter how great his talent and experience, fails to use his checklist. — Charlie Munger Copy Share Image
If you get into the mental habit of relating what you're reading to the basic structure of the underlying ideas being demonstrated,… — Charlie Munger Copy Share Image
In my whole life, I have known no wise people who didn't read all the time - none ... ZERO. — Charlie Munger Copy Share Image
There must be some wisdom in the folk saying: Its the strong swimmers who drown. — Charlie Munger Copy Share Image
Almost all good businesses engage in 'pain today, gain tomorrow' activities. — Charlie Munger Copy Share Image
If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well… — Charlie Munger Copy Share Image
Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to… — Charlie Munger Copy Share Image
I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned… — Charlie Munger Copy Share Image
I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and… — Charlie Munger Copy Share Image
The tax code gives you an enormous advantage if you can find some things you can just sit with. — Charlie Munger Copy Share Image
The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And… — Charlie Munger Copy Share Image
Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.… — Charlie Munger Copy Share Image
They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good… — Charlie Munger Copy Share Image
We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good… — Charlie Munger Copy Share Image
It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling… — Charlie Munger Copy Share Image