Past Quote by Charlie Munger

“It's stupid the way people extrapolate the past -- and not slightly stupid, but massively stupid.”

Charlie Munger

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More by Charlie Munger

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

Charlie Munger

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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

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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

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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

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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

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

Charlie Munger

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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

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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

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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

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

Charlie Munger

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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

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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

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Explore all 544 Charlie Munger quotes

More Past quotes

Because after you've crossed some lines, you just keep crossing them. And there's no escaping from constant escape. Distracting ourselves. Avoiding confrontation. Getting past…

Chuck Palahniuk

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The Iranian people have a proud past. They merit a great future.

Condoleezza Rice

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I used to fight with hate. There's been a lot of aggression in my past growing up and stuff. That's because I was hurt…

Rose Namajunas

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In the past 40 years, the United States lost more than a million farmers and ranchers. Many of our farmers are aging. Today, only…

Tom Vilsack

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Nostalgia keeps dissolving the ironic narratives in which I have contained my past.

Mason Cooley

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Above Coblentz almost every mountain has a ruin and a legend. One feels everywhere the spirit of the past, and its stirring recollections come…

Bayard Taylor

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Time is painted with a lock before, and bald behind, signifying thereby that we must take time by the forelock; for, when it is…

Jonathan Swift

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I am attracted to looking at the different things language can mean even in one sometimes quite ordinary utterance. Writing is partly about listening…

Rae Armantrout