Difficult Quote by Charlie Munger
“If (investing) weren't a little difficult, everybody would be rich.”
About This Quote
If investing were easy, everyone would be wealthy, implying difficulty is essential.
In simple terms: Investing difficulty creates wealth.
Key Takeaway
Embrace difficulty and learn disciplined investing.
Themes
wealth
investing
difficulty
discipline
Mood
cautious
analytical
inspirational
Type
financial
educational
When to use this quote
- personal finance
- stock market
- real estate
- entrepreneurship
Key Concepts
economics
behavioral finance
risk management
Questions to Reflect On
- What skills make investing less difficult?
- How can you mitigate investment risks?
A Different Perspective
Risk can lead to loss if not managed.
![“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)
