Conservatism Quote by Charlie Munger
![“For many of our shareholders, our stock is all they own, and we're acutely aware of that. Our culture [of conservatism] runs pretty deep.” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/f5f/charlie-munger-458_conservatism_for-many-of-our-shareholders-our-stock-i_2097753.jpg)
“For many of our shareholders, our stock is all they own, and we're acutely aware of that. Our culture [of conservatism] runs pretty deep.”
About This Quote
Source Interview: Berkshire Hathaway Annual Meeting, 2015
Shareholders rely heavily on their stock; the company's conservative culture runs deep.
In simple terms: Shareholders depend on stock; culture is conservative.
Key Takeaway
Balance risk with prudent investment.
Themes
finance
investment
culture
conservatism
Mood
analytical
cautious
Type
financial
philosophical
When to use this quote
- portfolio management
- financial planning
- corporate governance
Key Concepts
shareholder value
risk aversion
corporate culture
Questions to Reflect On
- How does culture affect your investment decisions?
- Are you comfortable with low‑risk strategies?
A Different Perspective
Conservatism may limit innovation.
![“We like our current shareholders and don't want to entice anyone to become one. It would help current shareholders to hear our CEOs [of the Berkshireoperating subsidiaries], but we promised them they could spend 100% of their time on their business. We place no impediments on them running their…” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/8a2/charlie-munger-458_activity_we-like-our-current-shareholders-and-don_1762758.jpg)
![“They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good job of educating troubled young people to be good citizens and they're probably more successful than charter schools.” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/a55/charlie-munger-458_be-good_they-mc-donalds-take-people-and-give-the_41809.jpg)
![“It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling to parlay their existing advantage into dominance on the Internet. But it is way less sure [that this will occur] than the certainty 20 years ago that…” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/8d0/charlie-munger-458_advantage_it-is-way-less-certain-to-be-a-wonderful_59627.jpg)
