--- title: "Meaning & Key Takeaway of: This is an amazingly sound place. We are…" description: "\"This is an amazingly sound place. We are more disaster-resistant than most other places. We haven't pushed it as hard as other people would have pushed..." image: "https://sms4smile.com/quotes/i/a19/charlie-munger-458_customer_this-is-an-amazingly-sound-place-we-are_435365.jpg" --- # This is an amazingly sound place. We are more… ![“This is an amazingly sound place. We are more disaster-resistant than most other places. We haven't pushed it as hard as other people would have pushed it. I don't want to go back to Go. I've been to Go. A lot of our shareholders have a majority of their net worth in Berkshire, and they don't want…” quote by Charlie Munger](https://sms4smile.com/quotes/i/a19/charlie-munger-458_customer_this-is-an-amazingly-sound-place-we-are_435365.jpg) [Download](https://sms4smile.com/quotes/i/a19/charlie-munger-458_customer_this-is-an-amazingly-sound-place-we-are_435365.jpg) [Open image](https://sms4smile.com/quotes/i/a19/charlie-munger-458_customer_this-is-an-amazingly-sound-place-we-are_435365.jpg) > “This is an amazingly sound place. We are more disaster-resistant than most other places. We haven't pushed it as hard as other people would have pushed it. I don't want to go back to Go. I've been to Go. A lot of our shareholders have a majority of their net worth in Berkshire, and they don't want to go back to Go either.” [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He emphasizes the resilience of their investment approach and warns against over‑optimism about other markets. **In simple terms:** Their strategy is strong and cautious. Key Takeaway Stay disciplined, avoid chasing hype. Themes investment resilience risk management Mood cautious analytical Type advisory strategic When to use this quote - portfolio review - risk assessment - long‑term planning Key Concepts value investing shareholder alignment Questions to Reflect On - How do you measure true resilience? - What signs indicate a market is over‑hyped? A Different Perspective Overconfidence in past success can blind future risks. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Disaster](https://sms4smile.com/quotes/about/disaster/) [Net worth](https://sms4smile.com/quotes/about/net-worth/) [People](https://sms4smile.com/quotes/about/people/) [Shareholders](https://sms4smile.com/quotes/about/shareholders/) [Sound](https://sms4smile.com/quotes/about/sound/) ## Related quotes > [The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no…](https://sms4smile.com/quotes/warren-buffett/the-truth-is-that-i-ve-got-all-my-net-worth-safely-in-berkshire-and-i/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. 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