Believe Quote by Charlie Munger

“It is one thing to think gold has some marvelous store of value because man has no way of inventing more gold or getting it very easily, so it has the advantage of rarity. Believe me, man is capable of somehow creating more bitcoin... They tell you there are rules and they can't do it. Don't believe them.”

Charlie Munger

★ ★ ★ ★ ★ 3.2 out of 5 (9 ratings)

More by Charlie Munger

Almost all good businesses engage in 'pain today, gain tomorrow' activities.

Charlie Munger

Image

If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well…

Charlie Munger

Image

Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to…

Charlie Munger

Image

I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned…

Charlie Munger

Image

I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and…

Charlie Munger

Image

The tax code gives you an enormous advantage if you can find some things you can just sit with.

Charlie Munger

Image

The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And…

Charlie Munger

Image

Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.…

Charlie Munger

Image

They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good…

Charlie Munger

Image

What good is envy? It’s the one sin you can’t have any fun at.

Charlie Munger

Image

We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good…

Charlie Munger

Image

It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling…

Charlie Munger

Image

Explore all 544 Charlie Munger quotes

More Believe quotes

I actually think acting is a form of self-hypnosis. You have to be hyper, hyper aware of what's going on around you. You have…

Julianne Moore

Image

Some people still believe you should just fall in line with what's going on - and that's scary. It makes a mockery of freedom…

Emily Robison

Image

The truth seems to be that propaganda on its own cannot force its way into unwilling minds; neither can it inculcate something wholly new;…

Eric Hoffer

Image

Resist discouragement by speaking His Word over your future. Keep standing. Keep hoping; keep believing because He is working behind the scenes. He's going…

Joel Osteen