Charlie munger Quotes

“I’m not entitled to have an opinion on this subject unless I can state the a...

“I’m not entitled to have an opinion on this subject unless I can state the arguments against my position better than the people do who are supporting it. I think that only when I reach that stage am I qualified to speak.” - Charlie Munger
📅︎ Jan 07
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“I constantly see people rise in life who are not the smartest, sometimes not even the most dilig...

“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you”- Charlie Munger
📅︎ May 31
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“Acquire worldly wisdom and adjust your behavior accordingl...

“Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group..then to hell with them”-Charlie Munger
📅︎ Oct 15
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I think the reason why we got into such idiocy in investment management is best illustrated by a ...

I think the reason why we got into such idiocy in investment management is best illustrated by a story that I tell about the guy who sold fishing tackle. I asked him, "My God, they're purple and green. Do fish really take these lures?" And he said, "Mister, I don't sell to fish." -- Charlie Munger
📅︎ Nov 29
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“It’s not greed that...

“It’s not greed that drives the world, but envy.” — Charlie Munger
📅︎ Jul 23
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“I never allow myself to have an opinion on...

“I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.” – Charlie Munger
📅︎ Apr 04
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"The human mind is a lot like the human egg, and the h...

"The human mind is a lot like the human egg, and the human egg has a shut-off device. When one sperm gets in, it shuts down so the next one can’t get in" - Charlie Munger
📅︎ Jan 24
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"If you see the world accurately...

"If you see the world accurately, it's bound to be humorous, because it's ridiculous." — Charlie Munger
📅︎ May 01
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"If anyone told me he could skip th...

"If anyone told me he could skip the down markets and catch the up markets, I’d throw him out."- Charlie Munger
📅︎ Jul 01
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“We have the same problem as e...

“We have the same problem as everyone else: It’s very hard to predict the future.”- Charlie Munger
📅︎ Jul 25
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“If you see the world accuratel...

“If you see the world accurately, you think it’s humorous because it’s ridiculous.”- Charlie Munger
📅︎ May 01
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"Desire to get rich fast is ...

"Desire to get rich fast is dangerous. My own system is to get rich slow."- Charlie Munger
📅︎ Jul 05
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"In my whole life, I have known no wise peopl...

"In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none, zero." - Charlie Munger
📅︎ Nov 21
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"If you figure out the people you want to b...

"If you figure out the people you want to be with and you tell'em so and why, it is likely to cause a favourable result" - Charlie Munger
📅︎ Aug 03
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"Knowing what you don’t k...

"Knowing what you don’t know is more useful than being brilliant." – Charlie Munger
📅︎ Oct 15
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