Assets Quote by Charlie Munger
“Remember that reputation and integrity are your most valuable assets - and can be lost in a heartbeat.”
About This Quote
Source Speech: Berkshire Hathaway Annual Meeting, 2015
Reputation and integrity are fragile yet vital assets that can be destroyed instantly.
In simple terms: Integrity is priceless.
Key Takeaway
Guard your reputation.
Themes
integrity
reputation
risk
Mood
cautious
serious
Type
advisory
business
When to use this quote
- business decisions
- public relations
- personal conduct
Key Concepts
trust
ethical behavior
brand value
Questions to Reflect On
- How do you protect your integrity?
- What actions could damage your reputation?
A Different Perspective
Recovery can be hard.
![“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)
![“[When I die], I will decidedly not be regretting missed opportunities for a good time. My regrets will be more along the lines of a sad list of people hurt, people let down, assets wasted and advantages squandered.” quote by Anthony Bourdain](https://sms4smile.com/quotes/img-quotes/ba3/anthony-bourdain-649_advantage_when-i-die-i-will-decidedly-not-be-regre_24502.jpg)
