Easy Quote by Charlie Munger
“Once you start doing something bad, then it's easy to take the next step - and in the end, you're a moral sewer.”
About This Quote
Source Speech: 2008 Berkshire Hathaway Annual Meeting, Charlie Munger
Bad actions create a slippery slope, leading to deeper moral decay.
In simple terms: One bad act leads to many.
Key Takeaway
Beware of incremental wrongdoing.
Themes
ethics
selfcontrol
consequences
Mood
cautious
reflective
Type
advice
philosophical
When to use this quote
- personal decisions
- business practices
- legal compliance
Key Concepts
slippery slope
moral decay
Questions to Reflect On
- How do you stop a bad habit early?
- What safeguards can prevent moral decline?
A Different Perspective
Even small missteps can become entrenched habits.
![“Everyone caved, adopted loose [accounting] standards, and created exotic derivatives linked to theoretical models. As a result, all kinds of earnings, blessed by accountants, are not really being earned. When you reach for the money, it melts away. It was never there. It [accounting for…” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/3d3/charlie-munger-458_accountants_everyone-caved-adopted-loose-accounting_1383135.jpg)
![“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)
