I don’t spend much time regretting the past, once I’ve taken my lesson from it. I don’t dwell on it.
CHARLIE MUNGERI did not succeed in life by intelligence. I succeeded because I have a long attention span.
More Charlie Munger Quotes
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If you don’t keep learning, other people will pass you by. Temperament alone won’t do it – you need a lot of curiosity for a long, long time.
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The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.
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A great business at a fair price is superior to a fair business at a great price.
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If you don’t allow for self-serving bias in the conduct of others, you are, again, a fool.
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We try more to profit from always remembering the obvious than from grasping the esoteric.
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Acknowledging what you don’t know is the dawning of wisdom.
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Most people are too fretful, they worry to much. Success means being very patient, but aggressive when it’s time.
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Great investing requires a lot of delayed gratification.
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I’m right, and you’re smart, and sooner or later you’ll see I’m right.
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Three rules for a career: 1) Don’t sell anything you wouldn’t buy yourself; 2) Don’t work for anyone you don’t respect and admire; and 3) Work only with people you enjoy.
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I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart.
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You don’t have to have perfect wisdom to get very rich – just a bit better than average over a long period of time.
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I think that, every time you saw the word EBITDA, you should substitute the word “bullshit” earnings.
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It’s a good habit to trumpet your failures and be quiet about your successes.
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We don’t like trading agony for money
CHARLIE MUNGER






