Being nice Quote by Charlie Munger
![“It would be nice if this [finding really cheap stocks] happened all the time. Unfortunately, it doesn't.” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/ff9/charlie-munger-458_being-nice_it-would-be-nice-if-this-finding-really_1697359.jpg)
“It would be nice if this [finding really cheap stocks] happened all the time. Unfortunately, it doesn't.”
About This Quote
Finding consistently cheap stocks is unrealistic; markets rarely provide perpetual undervaluation.
In simple terms: Cheap stocks are rare and fleeting.
Key Takeaway
Seek value, but expect scarcity.
Themes
investment
value
stock market
risk
patience
Mood
cautious
analytical
realistic
Type
financial
strategic
When to use this quote
- portfolio building
- stock analysis
- long‑term investing
- risk management
- financial planning
Key Concepts
financial theory
market efficiency
behavioral finance
valuation
Questions to Reflect On
- How do you identify genuine value?
- What alternatives exist when cheap stocks are scarce?
A Different Perspective
Markets can be efficient, limiting cheap opportunities.
![“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)
