« All One Quotes · Charlie Munger's Page
One Quotes by Charlie Munger
- The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in…
- I think that one should recognize reality even when one doesn't like it; indeed, especially when one doesn't like it.
- The ethos of not fooling yourself is one of the best you could possibly have. It's powerful because it's so rare.
- 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…
- 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…
- 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…
- Without numerical fluency, in the part of life most of us inhibit, you are like a one-legged man in an ass-kicking contest.
- As I talk about strengths and weaknesses in academic economics, one interesting fact you are entitled to know is that I never took a course…
- When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'
- The idea of caring is that someone is making money faster [than you are] is one of the deadly sins. Envy is a really stupid…
- Any year that you don't destroy one of your best-loved ideas is probably a wasted year
- 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…
- 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…
- It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and…
- What good is envy? It’s the one sin you can’t have any fun at.
- It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given…
- You must know the big ideas in the big disciplines, and use them routinely - all of them, not just a few. Most people are…
- The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to…
- One metric catches people. We prefer businesses that drown in cash. An example of a different business is construction equipment. You work hard all year…
- Personally, I’ve gotten so that I now use a kind of two-track analysis. First, what are the factors that really govern the interests involved, rationally…
- 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…
- We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the…
More One Quotes
- In order to go on living one must try to escape the death involved in perfectionism. — Hannah Arendt
- Power and violence are opposites; where the one rules absolutely, the other is absent. Violence appears where power is in jeopardy, but… — Hannah Arendt
- Poets are the only people to whom love is not only a crucial, but an indispensable experience, which entitles them to mistake… — Hannah Arendt
- Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either… — Hannah Arendt
- To be free in an age like ours, one must be in a position of authority. That in itself would be enough… — Hannah Arendt
- No cause is left but the most ancient of all, the one, in fact, that from the beginning of our history has… — Hannah Arendt
- The defiance of established authority, religious and secular, social and political, as a world-wide phenomenon may well one day be accounted the… — Hannah Arendt
- Where all are guilty, no one is; confessions of collective guilt are the best possible safeguard against the discovery of culprits, and… — Hannah Arendt
- I find that it's hard to fully examine one's life and not have faith be part of the discussion. — J. J. Abrams
- The most perfect political community is one in which the middle class is in control, and outnumbers both of the other classes. — Aristotle
- All human actions have one or more of these seven causes: chance, nature, compulsions, habit, reason, passion, desire. — Aristotle
- Jealousy is both reasonable and belongs to reasonable men, while envy is base and belongs to the base, for the one makes… — Aristotle