--- title: "Meaning & Key Takeaway of: You can hire your advisor and then just…" description: "\"You can hire your advisor and then just apply a windage factor, like I used to do when I was a rifle shooter. I'd just adjust for so many miles an hour..." image: "https://sms4smile.com/quotes/i/1cf/charlie-munger-458_advisors_you-can-hire-your-advisor-and-then-just_1151041.jpg" --- # You can hire your advisor and then just apply a windage… ![“You can hire your advisor and then just apply a windage factor, like I used to do when I was a rifle shooter. I'd just adjust for so many miles an hour wind. Or you can learn the basic elements of your advisor's trade. You don't have to learn very much, by the way, because if you learn just a…” quote by Charlie Munger](https://sms4smile.com/quotes/i/1cf/charlie-munger-458_advisors_you-can-hire-your-advisor-and-then-just_1151041.jpg) [Download](https://sms4smile.com/quotes/i/1cf/charlie-munger-458_advisors_you-can-hire-your-advisor-and-then-just_1151041.jpg) [Open image](https://sms4smile.com/quotes/i/1cf/charlie-munger-458_advisors_you-can-hire-your-advisor-and-then-just_1151041.jpg) > “You can hire your advisor and then just apply a windage factor, like I used to do when I was a rifle shooter. I'd just adjust for so many miles an hour wind. Or you can learn the basic elements of your advisor's trade. You don't have to learn very much, by the way, because if you learn just a little then you can make him explain why he's right.” [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. Advice suggests either hiring an advisor and adjusting for unknowns, or learning enough to question the advisor’s reasoning. **In simple terms:** Hire an advisor or learn enough to challenge them. Key Takeaway Gain basic knowledge to evaluate advice. Themes advice learning critical thinking decision making expertise Mood pragmatic analytical Type instructional strategic When to use this quote - investment decisions - project planning - ment negotiations - personal finance - team leadership Key Concepts cognitive bias risk management skill acquisition Questions to Reflect On - How much should you trust an advisor versus your own analysis? - What minimal knowledge is needed to effectively question expertise? A Different Perspective Overreliance on advisors can reduce personal judgment. ★ ★ ★ ★ ★ No ratings yet [Advisor Just](https://sms4smile.com/quotes/about/advisor-just-3252538/) [Advisor Trade](https://sms4smile.com/quotes/about/advisor-trade-3252537/) [Advisors](https://sms4smile.com/quotes/about/advisors/) [Apply Windage](https://sms4smile.com/quotes/about/apply-windage-3252541/) [Customer](https://sms4smile.com/quotes/about/customer/) [Elements](https://sms4smile.com/quotes/about/elements/) [Factors](https://sms4smile.com/quotes/about/factors/) [Hire Advisor](https://sms4smile.com/quotes/about/hire-advisor-3252540/) [Hours](https://sms4smile.com/quotes/about/hours/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Littles](https://sms4smile.com/quotes/about/littles/) [Miles](https://sms4smile.com/quotes/about/miles/) [Rifles](https://sms4smile.com/quotes/about/rifles/) [Shooter](https://sms4smile.com/quotes/about/shooter/) [Trade](https://sms4smile.com/quotes/about/trade/) [Used](https://sms4smile.com/quotes/about/used/) [Way](https://sms4smile.com/quotes/about/way/) [Wind](https://sms4smile.com/quotes/about/wind/) [Wind Learn](https://sms4smile.com/quotes/about/wind-learn-3252539/) ## Related quotes > [The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants…](https://sms4smile.com/quotes/charlie-munger/the-whole-concept-of-dividing-it-up-into-value-and-growth-strikes-me/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I probably have a small number of people that are consistently advisors and mentors, but I'm much more likely to have a broader array…](https://sms4smile.com/quotes/kathryn-minshew/i-probably-have-a-small-number-of-people-that-are-consistently/) [Kathryn Minshew](https://sms4smile.com/quotes/author/kathryn-minshew/) > [ \[What if my advisor talks only about returns, not risk?\] ... It's his job to take risk into account by telling you the range… ](https://sms4smile.com/quotes/william-forsyth-sharpe/what-if-my-advisor-talks-only-about-returns-not-risk-it-s-his-job-to/) [William Forsyth Sharpe](https://sms4smile.com/quotes/author/william-forsyth-sharpe/) > [Among the most disheartening and dangerous of . . . advisors, you will often find those closest to you, your dearest friends, members of…](https://sms4smile.com/quotes/minnie-maddern-fiske/among-the-most-disheartening-and-dangerous-of-advisors-you-will-often/) [Minnie Maddern Fiske](https://sms4smile.com/quotes/author/minnie-maddern-fiske/) > [I can't imagine living a life without God in my life. He is my best friend, He's my buddy, He's the one that I…](https://sms4smile.com/quotes/reba-mcentire/i-can-t-imagine-living-a-life-without-god-in-my-life-he-is-my-best/) [Reba McEntire](https://sms4smile.com/quotes/author/reba-mcentire/) > [... true financial freedom doesn't depend on how much money you have. Financial freedom is when you have power over your fears and anxieties…](https://sms4smile.com/quotes/suze-orman/true-financial-freedom-doesn-t-depend-on-how-much-money-you-have/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [When you start really respecting yourself, those you love, and your money, the result is that you start having control over your money. What…](https://sms4smile.com/quotes/suze-orman/when-you-start-really-respecting-yourself-those-you-love-and-your/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [“Choose and create a circle of proper advisors around you. Do not discuss your project with your relatives, neighbor, grandmother, friends’ friends, pastor, or…](https://sms4smile.com/quotes/dmytro-zaporozhtsev/choose-and-create-a-circle-of-proper-advisors-around-you-do-not/) [Dmytro Zaporozhtsev](https://sms4smile.com/quotes/author/dmytro-zaporozhtsev/) > [National security advisors are not there to be advocates, generally. They're not there to be partisans, they're not there to be ideologues.](https://sms4smile.com/quotes/lawrence-o-donnell/national-security-advisors-are-not-there-to-be-advocates-generally/) [Lawrence O'Donnell](https://sms4smile.com/quotes/author/lawrence-o-donnell/) > [“Advisors who rate the highest on reliability will not just deliver their work on time and on spec. Nor will they simply be consistent,…](https://sms4smile.com/quotes/david-h-maister/advisors-who-rate-the-highest-on-reliability-will-not-just-deliver/) [David H. Maister](https://sms4smile.com/quotes/author/david-h-maister/) > [Steve Jobs was a great friend as well as a trusted advisor. His legacy will extend far beyond the products he created or the…](https://sms4smile.com/quotes/bob-iger/steve-jobs-was-a-great-friend-as-well-as-a-trusted-advisor-his-legacy/) [Bob Iger](https://sms4smile.com/quotes/author/bob-iger/) > [He was a volatile mixture of confidence and vulnerability. He could deliver extended monologues on professional matters, then promptly stop in his tracks to…](https://sms4smile.com/quotes/alain-de-botton/he-was-a-volatile-mixture-of-confidence-and-vulnerability-he-could/) [Alain de Botton](https://sms4smile.com/quotes/author/alain-de-botton/) > [All great leaders choose great advisors, people they really trust for their governance.](https://sms4smile.com/quotes/tom-payne/all-great-leaders-choose-great-advisors-people-they-really-trust-for/) [Tom Payne](https://sms4smile.com/quotes/author/tom-payne/) > [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of…](https://sms4smile.com/quotes/robert-kiyosaki/if-you-don-t-like-the-idea-that-most-of-the-money-spent-on-lottery/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) ## More by Charlie Munger > [Almost all good businesses engage in 'pain today, gain tomorrow' activities.](https://sms4smile.com/quotes/charlie-munger/almost-all-good-businesses-engage-in-pain-today-gain-tomorrow/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [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…](https://sms4smile.com/quotes/charlie-munger/if-you-want-good-behavior-don-t-pay-on-a-commission-basis-our-judges/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Acquire worldly wisdom and adjust your behavior accordingly. 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And…](https://sms4smile.com/quotes/charlie-munger/the-great-lesson-in-microeconomics-is-to-discriminate-between-when/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.…](https://sms4smile.com/quotes/charlie-munger/some-years-ago-one-oil-company-bought-a-fertilizer-company-and-every/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [ They \[Mc Donalds\] take people and give them a first job, which enables them to get a second job. They do a very good… ](https://sms4smile.com/quotes/charlie-munger/they-mc-donalds-take-people-and-give-them-a-first-job-which-enables/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [What good is envy? It’s the one sin you can’t have any fun at.](https://sms4smile.com/quotes/charlie-munger/what-good-is-envy-it-s-the-one-sin-you-can-t-have-any-fun-at/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good…](https://sms4smile.com/quotes/charlie-munger/we-believe-that-almost-all-really-good-investment-records-will/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling…](https://sms4smile.com/quotes/charlie-munger/it-is-way-less-certain-to-be-a-wonderful-business-in-the-future-the/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell.](https://sms4smile.com/quotes/charlie-munger/in-the-corporate-world-if-you-have-analysts-due-diligence-and-no/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [We have to have a special insight, or we'll put it in the 'too tough' basket. All of you have to look for a…](https://sms4smile.com/quotes/charlie-munger/we-have-to-have-a-special-insight-or-we-ll-put-it-in-the-too-tough/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I've heard that one-half of the students at elite schools want to go into private equity or hedge funds. They want to keep up…](https://sms4smile.com/quotes/charlie-munger/i-ve-heard-that-one-half-of-the-students-at-elite-schools-want-to-go/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) [Explore all 544 Charlie Munger quotes ](https://sms4smile.com/quotes/author/charlie-munger/) ## More Advisors quotes > [If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of…](https://sms4smile.com/quotes/robert-kiyosaki/if-you-don-t-like-the-idea-that-most-of-the-money-spent-on-lottery/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [All great leaders choose great advisors, people they really trust for their governance.](https://sms4smile.com/quotes/tom-payne/all-great-leaders-choose-great-advisors-people-they-really-trust-for/) [Tom Payne](https://sms4smile.com/quotes/author/tom-payne/) > [He was a volatile mixture of confidence and vulnerability. He could deliver extended monologues on professional matters, then promptly stop in his tracks to…](https://sms4smile.com/quotes/alain-de-botton/he-was-a-volatile-mixture-of-confidence-and-vulnerability-he-could/) [Alain de Botton](https://sms4smile.com/quotes/author/alain-de-botton/) > [Steve Jobs was a great friend as well as a trusted advisor. His legacy will extend far beyond the products he created or the…](https://sms4smile.com/quotes/bob-iger/steve-jobs-was-a-great-friend-as-well-as-a-trusted-advisor-his-legacy/) [Bob Iger](https://sms4smile.com/quotes/author/bob-iger/) > [“Advisors who rate the highest on reliability will not just deliver their work on time and on spec. Nor will they simply be consistent,…](https://sms4smile.com/quotes/david-h-maister/advisors-who-rate-the-highest-on-reliability-will-not-just-deliver/) [David H. Maister](https://sms4smile.com/quotes/author/david-h-maister/) > [National security advisors are not there to be advocates, generally. They're not there to be partisans, they're not there to be ideologues.](https://sms4smile.com/quotes/lawrence-o-donnell/national-security-advisors-are-not-there-to-be-advocates-generally/) [Lawrence O'Donnell](https://sms4smile.com/quotes/author/lawrence-o-donnell/) > [“Choose and create a circle of proper advisors around you. Do not discuss your project with your relatives, neighbor, grandmother, friends’ friends, pastor, or…](https://sms4smile.com/quotes/dmytro-zaporozhtsev/choose-and-create-a-circle-of-proper-advisors-around-you-do-not/) [Dmytro Zaporozhtsev](https://sms4smile.com/quotes/author/dmytro-zaporozhtsev/) > [When you start really respecting yourself, those you love, and your money, the result is that you start having control over your money. What…](https://sms4smile.com/quotes/suze-orman/when-you-start-really-respecting-yourself-those-you-love-and-your/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [... true financial freedom doesn't depend on how much money you have. Financial freedom is when you have power over your fears and anxieties…](https://sms4smile.com/quotes/suze-orman/true-financial-freedom-doesn-t-depend-on-how-much-money-you-have/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [I can't imagine living a life without God in my life. He is my best friend, He's my buddy, He's the one that I…](https://sms4smile.com/quotes/reba-mcentire/i-can-t-imagine-living-a-life-without-god-in-my-life-he-is-my-best/) [Reba McEntire](https://sms4smile.com/quotes/author/reba-mcentire/) > [Among the most disheartening and dangerous of . . . advisors, you will often find those closest to you, your dearest friends, members of…](https://sms4smile.com/quotes/minnie-maddern-fiske/among-the-most-disheartening-and-dangerous-of-advisors-you-will-often/) [Minnie Maddern Fiske](https://sms4smile.com/quotes/author/minnie-maddern-fiske/) > [ \[What if my advisor talks only about returns, not risk?\] ... It's his job to take risk into account by telling you the range… ](https://sms4smile.com/quotes/william-forsyth-sharpe/what-if-my-advisor-talks-only-about-returns-not-risk-it-s-his-job-to/) [William Forsyth Sharpe](https://sms4smile.com/quotes/author/william-forsyth-sharpe/) > [I probably have a small number of people that are consistently advisors and mentors, but I'm much more likely to have a broader array…](https://sms4smile.com/quotes/kathryn-minshew/i-probably-have-a-small-number-of-people-that-are-consistently/) [Kathryn Minshew](https://sms4smile.com/quotes/author/kathryn-minshew/) > [Love points the way. Desire is its ignorant advisor.](https://sms4smile.com/quotes/elfriede-jelinek/love-points-the-way-desire-is-its-ignorant-advisor/) [Elfriede Jelinek](https://sms4smile.com/quotes/author/elfriede-jelinek/) [Browse all 114 Advisors quotes ](https://sms4smile.com/quotes/about/advisors/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "You can hire your advisor and then just apply a windage factor, like I used to do when I was a rifle shooter. I'd just adjust for so many miles an hour wind. Or you can learn the basic elements of your advisor's trade. 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