Charlie Munger on life
Charlie Munger83 quotes“Whenever you think something or some person is ruining your life, it’s you. A victimization mentality is so debilitating.”
More from Charlie Munger
The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It’s just that simple.
Charlie MungerCharlie Munger Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.
Charlie MungerCharlie Munger In my whole life, I have known no wise people who didn’t read all the time – none … ZERO.
Charlie MungerCharlie Munger The average result has to be the average result. By definition, everybody can’t beat the market. As I always say, the iron rule of life is that only 20% of the people can be in the top fifth. That’s just the way it is.
Charlie MungerCharlie Munger To me, it’s obvious that the winner has to bet very selectively. It’s been obvious to me since very early in life. I don’t know why it’s not obvious to very many other people.
Charlie MungerCharlie Munger Never, ever, think about something else when you should be thinking about the power of incentives.
Charlie MungerCharlie Munger Common stock investors can make money by predicting the outcomes of practice evolution. You can’t derive this by fundamental analysis – you must think biologically.
Charlie MungerCharlie Munger When you locate a bargain, you must ask, ‘Why me, God? Why am I the only one who could find this bargain?’
Charlie MungerCharlie Munger All I want to know is where I’m going to die, so I’ll never go there.
Charlie MungerCharlie Munger Go to bed smarter than when you woke up.
Charlie MungerCharlie Munger Investing is where you find a few great companies and then sit on your ass.
Charlie MungerCharlie Munger Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.
Charlie MungerCharlie Munger Your life must focus on the maximization of objectivity.
Charlie MungerCharlie Munger I like people admitting they were complete stupid horses’ asses. I know I’ll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.
Charlie MungerCharlie Munger The safest way to get what you want is to deserve what you want.
Charlie MungerCharlie Munger Our experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime.
Charlie MungerCharlie Munger
Original quotes
From our community writers
We were dirt poor but we had each other. We didn’t need much to have a lot.
Brad NeatonBrad Neaton Always show kindness and love to others. Your words might be filling the empty places in someone else heart.
Alexander KandovAlexander Kandov One quick sip of your memory I let it slip, and I go on without you.
Emma SchippersEmma Schippers If the scars on my heart were visible to the naked eye, maybe you’d think twice about inflicting more.
Laura Natoli-KearneyLaura Natoli-Kearney I am getting better at forgetting you. I am slowly but steadily learning the art of forgetting you.
Juana GarciaJuana Garcia Paper and pen petrify me, for they pierce right through me, drawing deep blue blood, leaving me utterly cold.
Shreya JoshiShreya Joshi Spend time with people who get excited over even the smallest victories you earn.
Sonia SabnisSonia Sabnis I wonder if you were the poison or the antidote.
Ginnie BaleGinnie Bale
Meet the writers
More on life
My parents said that sitting at home playing video games all day won’t bring you anywhere in life.
PewDiePiePewDiePie There is a vitality, a life force, an energy, a quickening, that is translated through you into action, and because there is only one of you in all time, this expression is unique.
Martha GrahamMartha Graham You need peers; you need people who are at the same level you are. You never know in life when you’re going to need help, and you never know who you’re going to need it from.
George LucasGeorge Lucas Were it not for the consciousness of Christ in my life, hour by hour, I could not go on. But He is teaching me the glorious lessons of His sufficiency, and each day I am carried onward with no feeling of strain or fear of collapse.
Hudson TaylorHudson Taylor Too much sanity may be madness and the maddest of all, to see life as it is and not as it should be.
Miguel de CervantesMiguel de Cervantes This is a good life lesson: getting the right people into your system is the most important thing you can do.
Charlie MungerCharlie Munger What matters is not to add years to life but life to years.
Dinesh ThakurDinesh Thakur I live my life as I deem appropriate and fitting; I offer no apologies, no explanations.
Aaron BurrAaron Burr
