Skip to content

Fishes Quote by Charlie Munger

“I think the reason why we got into such idiocy…” quote by Charlie Munger
Download Open image
“I think the reason why we got into such idiocy in investment management is best illustrated by a story that I tell about the guy who sold fishing tackle. I asked him, "My God, they're purple and green. Do fish really take these lures?" And he said, "Mister, I don't sell to fish." Investment managers are in the position of that fishing tackle salesman.”

Charlie Munger

2.4 out of 5 (3 ratings)

More by Charlie Munger

Explore all 544 Charlie Munger quotes

More Fishes quotes

Browse all 2,005 Fishes quotes