Adequate Quote by Charlie Munger

“There’s no way that you can live an adequate life without many mistakes. In fact, one trick in life is to get so you can handle mistakes. Failure to handle psychological denial is a common way for people to go broke.”

Charlie Munger

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Adequate Broke Common Denial Facts Failure Handle Life Life is Mistake People Psychological Tricks Way

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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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