Accounting Quote by Charlie Munger
![“Accounting incomes were reduced by discrepancy [ but] "the net amount paid by lawyers for lawyerly discrepancy is close to zippo. In this case, the goddess of justice was blind.” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/614/charlie-munger-458_accounting_accounting-incomes-were-reduced-by-discr_322437.jpg)
“Accounting incomes were reduced by discrepancy [ but] "the net amount paid by lawyers for lawyerly discrepancy is close to zippo. In this case, the goddess of justice was blind.”
About This Quote
Source Interview: CNBC, 2018
Legal costs can be negligible compared to the broader injustice of a blind legal system.
In simple terms: Small legal fees hide larger systemic injustice.
Key Takeaway
Address systemic fairness, not just individual costs.
Themes
justice
law
fairness
systemic bias
economics
Mood
critical
analytical
skeptical
Type
philosophical
commentary
cautionary
When to use this quote
- court reforms
- legal aid
- policy advocacy
- corporate governance
Key Concepts
Legal ethics
systemic risk
economic inefficiency
Questions to Reflect On
- What reforms can improve legal fairness?
- How can incentives align with justice?
A Different Perspective
Changing entrenched legal structures is complex and slow.
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