Can do Quote by Charlie Munger

Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever…

— Warren Buffett

If you have the opportunities of Berkshire, an investment in gold is dumb.

— Charlie Munger

I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want…

— Warren Buffett

Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to…

— Warren Buffett

Berkshireis not as good as it was in terms of percentage compounding [going forward], but it's still a hell of a business.

— Charlie Munger

I’d say that Berkshire Hathaway’s system is adapting to the nature of the investment problem as it really is. We’ve really made the money…

— Charlie Munger

Berkshireis in the business of making easy predictions If a deal looks too hard, the partners simply shelve it.

— Charlie Munger

I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year…

— Warren Buffett

Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one…

— Charlie Munger

I'm a bull on Berkshire Hathaway. There may be some considerable waiting, but I think there are some good days ahead.

— Charlie Munger

The Berkshire-style investors tend to be less diversified than other people. The academics have done a terrible disservice to intelligent investors by glorifying the…

— Charlie Munger

Avoiding where others go wrong is an important step in achieving investment success. In fact, it almost assures it.

— Seth Klarman