Accounting Quote by Charlie Munger Download Open image “To say accounting for derivatives is Americais a sewer is an insult to sewage.” — Charlie Munger ★ ★ ★ ★ ★ 4.1 out of 5 (7 ratings) Copy quoteShare Accounting Derivatives Insult Sewage Sewers
Like public surface in general, sewers are unbelievably important. They're so important that we make sure they work basically all of the time. Which… — Pete Buttigieg Copy Share Image
There is no excuse-and we should call a spade a spade-for chemical companies and oil refineries using our major rivers as pipelines for toxic… — Lyndon B. Johnson Copy Share Image
It turns out - this is a metaphor out of [Charles] Dickens - that the raw sewage emptied into the Anacostia comes from the Federal Triangle. I have a sewer map, and on it you can see the pipe from which congressional wastes empty into the river that then flows through the black neighborhoods of Washington, D.C. It is very… — Robert Hass Copy Share
“in 1858, the enormous volume of effluent produced by the people and industries of London, combined with a rather hot summer, produced a phenomenon known at the time as the Great Stink: the Thames itself had become an open sewer. People who could leave London, left it; the ones who stayed wrapped cloths doused in carbolic around their faces and… — Neil Gaiman Copy Share
I hope we're not just human garbage drifting toward a big sewer. But I think so. — George Carlin Copy Share Image
[Americans] can't understand that the water in our toilet is cleaner than 880 million have access to. — Matt Damon Copy Share Image
Some people in the utility industry have called it 'circling the drain' — Richard Kauffmann Copy Share Image
It is from the midst of this putrid sewer that the greatest river of human industry springs up and carries fertility to the whole… — Alexis de Tocqueville Copy Share Image
They imagine they're the wave of the future, but it's only sewage flowing downhill — Lois McMaster Bujold Copy Share Image
Almost all good businesses engage in 'pain today, gain tomorrow' activities. — Charlie Munger Copy Share Image
If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well… — Charlie Munger Copy Share Image
Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to… — Charlie Munger Copy Share Image
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… — Charlie Munger Copy Share Image
I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and… — Charlie Munger Copy Share Image
The tax code gives you an enormous advantage if you can find some things you can just sit with. — Charlie Munger Copy Share Image
The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And… — Charlie Munger Copy Share Image
Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.… — Charlie Munger Copy Share Image
They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good… — Charlie Munger Copy Share Image
We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good… — Charlie Munger Copy Share Image
It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling… — Charlie Munger Copy Share Image
We do not know enough about how the present will lead into the future. We shall never be able to say, "Ha! My perception,… — Gregory Bateson Copy Share Image
“Outer happiness has Diminishing Marginal Utility; the more it grows, the satisfaction decreases. Resort to inner happiness.” — Vikrmn: CA Vikram Verma Copy Share Image
Regulations for international accounting and funding will have to be examined to identify policies that inadvertently discourage institutional investors from putting their resources into… — Jose Angel Gurria Copy Share Image
There is no business like show business. There is also no business like certified public accounting, but that doesn't rhyme as well. — Craig Shaw Gardner Copy Share Image
“With great goals, comes the high costs; both fixed and variable. Time is the fixed cost; efforts, variable. Spend passionately.” — Vikrmn: CA Vikram Verma Copy Share Image
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share Image
“Financial statements are my novels, I am a Chartered Accountant.” — Vikrmn: CA Vikram Verma Copy Share Image
The religious hypothesis, therefore, must be considered only as a particular method of accounting for the visible phenomena of the universe: but no just… — David Hume Copy Share Image
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that… — Warren Buffett Copy Share Image
By their victory, the 3rd, 4th and 5th Marine Divisions and other units of the Fifth Amphibious Corps have made an accounting to their… — Chester W. Nimitz Copy Share Image
“Invest in self-improvement, be it for learning, be it for earning.” — Vikrmn: CA Vikram Verma Copy Share Image
“In the race to scale a startup, overlooking financial planning is like to building a skyscraper on shaky ground. True growth stems from decisions… — Jason Hishmeh Copy Share Image
![“[Americans] can't understand that the water in our toilet is cleaner than 880 million have access to.” quote by Matt Damon](https://sms4smile.com/quotes/img-quotes/e41/matt-damon-3371_access_americans-can-t-understand-that-the-wate_61619.jpg)
![“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)
