Avoid Quote by Charlie Munger

“That's the last thing on Earth you should think about... There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin... It is total insanity.”

Charlie Munger

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

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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…

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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…

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

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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.…

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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…

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

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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…

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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…

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I studiously avoid any academic dissections of the play and any kind of previous experience of playing. For me, it's all in the play.

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Avoid Quote by Charlie Munger

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