Best Charlie Munger Quotes
- Almost all good businesses engage in 'pain today, gain tomorrow' activities. Activities
- I remember the $0.05 hamburger and a $0.40-per-hour minimum wage, so I've seen a tremendous amount of inflation in my lifetime. Did it ruin the… Amount
- I think that one should recognize reality even when one doesn't like it; indeed, especially when one doesn't like it. Especially
- Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won. Answer
- People have always had this craving to have someone tell them the future. Long ago, kings would hire people to read sheep guts. There's always… Ago
- In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell. Analysts
- We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is… Almost Every
- Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the… Day
- In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time - none, zero.… All
- I like people admitting they were complete stupid horses' asses. I know I'll perform better if I rub my nose in my mistakes. This is… Admitting
- How could economics not be behavioral? If it isn't behavioral, what the hell is it? Behavioral
- The ethos of not fooling yourself is one of the best you could possibly have. It's powerful because it's so rare. Best
- Warren is one of the best learning machines on this earth. The turtles who outrun the hares are learning machines. If you stop learning in… Best
- There are two kinds of businesses: The first earns 12%, and you can take it out at the end of the year. The second earns… All
- You need a different checklist and different mental models for different companies. I can never make it easy by saying, 'Here are three things.' You… Checklist
- 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… Few
- Is there such thing as a cheerful pessimist? That's what I am. Cheerful
- To me, it's obvious that the winner has to bet very selectively. It's been obvious to me since very early in life. I don't know… Been
- If the value of a company doesn't just scream out at you, it's too close. Close
- Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business… Better
- It’s not greed that drives the world, but envy. Drives
- Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to hell… Accordingly
- You must value the business in order to value the stock. Business
- 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… Areas
- I don't want to understand Facebook. Facebook
More Ways to Read Charlie Munger Quotes
- Best Charlie Munger Sayings (Charlie Munger Quotes)
- Best Charlie Munger Quotations (Charlie Munger Quotes)
- Best Charlie Munger Words (Charlie Munger Quotes)
- Best Charlie Munger Lines (Charlie Munger Quotes)
- Best Charlie Munger Thoughts (Charlie Munger Quotes)