Being smart Quote by Charlie Munger
“The way to win is to work, work, work, work and hope to have a few insights And you're probably not going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up. It's just that simple.”
About This Quote
Source Speech: Annual Shareholder Meeting, Berkshire Hathaway, 2011
Success comes from relentless effort and occasional insights, not from trying to be a genius.
In simple terms: Hard work plus occasional insights lead to success.
Key Takeaway
Work hard, value insights.
Themes
effort
insight
humility
Mood
determined
realistic
Type
motivational
pragmatic
When to use this quote
- business building
- investment decisions
- career development
- personal projects
Key Concepts
economic productivity
probabilistic thinking
compound growth
Questions to Reflect On
- How can you create a routine that maximizes insight generation?
- What habits help you stay humble while pursuing success?
A Different Perspective
Insights are rare and must be applied wisely.
![“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)
