There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn’t awash in cash — and I don’t want to go back.
CHARLIE MUNGER
CHARLIE MUNGER
Charlie Munger on money
Charlie Munger83 quotes“There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn’t awash in cash — and I don’t want to go back.”
More from Charlie Munger
I don’t spend much time regretting the past, once I’ve taken my lesson from it. I don’t dwell on it.
Charlie MungerCharlie Munger It takes character to sit there with all that cash and do nothing. I didn’t get to where I am by going after mediocre opportunities.
Charlie MungerCharlie Munger The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don’t. It’s just that simple.
Charlie MungerCharlie Munger Any year that you don’t destroy one of your best-loved ideas is probably a wasted year.
Charlie MungerCharlie Munger A great business at a fair price is superior to a fair business at a great price.
Charlie MungerCharlie Munger It’s a good habit to trumpet your failures and be quiet about your successes.
Charlie MungerCharlie Munger Bull markets go to people’s heads. If you’re a duck on a pond, and it’s rising due to a downpour, you start going up in the world. But you think it’s you, not the pond.
Charlie MungerCharlie Munger Hard work, honesty, if you keep at it, will get you almost anything.
Charlie MungerCharlie Munger It’s not greed that drives the world, but envy.
Charlie MungerCharlie Munger It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and easily learned principles.
Charlie MungerCharlie Munger Step by step you get ahead, but rarely in fast spurts.
Charlie MungerCharlie Munger Someone will always be getting richer faster than you. This is not a tragedy.
Charlie MungerCharlie Munger Whenever you think something or some person is ruining your life, it’s you. A victimization mentality is so debilitating.
Charlie MungerCharlie Munger If you want to understand science, you have to understand math. In business, if you’re enumerate, you’re going to be a klutz. The good thing about business is that you don’t have to know any higher math.
Charlie MungerCharlie Munger It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.
Charlie MungerCharlie Munger The way to win is to work, work, work, work and hope to have a few insights And you’re probably not going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up. It’s just that simple.
Charlie MungerCharlie Munger
Original quotes
From our community writers
The more you suffer, the more you awaken.
Ayaka HaseAyaka Hase Keep your faith strong enough to believe that you can manifest and receive what you want.
Lisa RoseLisa Rose Home is where your soul belongs.
Ana SoulfulAna Soulful The right person will never get tired of you.
Sophie SmithSophie Smith You thought it wouldn’t live again. But it will live again.
Carisa DownsCarisa Downs The world is not allowed to make a meal of you, girl. It is there for your consuming.
Nikita GillNikita Gill We all carry the heaviest anchors without anyone having a clue about it.
Aaron BellAaron Bell And you have fast become my weakness, even as you remain my source of strength.
Alma-May NoaAlma-May Noa
Meet the writers
More on money
I’d marry again if I found a man who had fifteen million dollars, would sign over half to me, and guarantee that he’d be dead within a year.
Bette DavisBette Davis Woman is adept at getting money for herself and will not easily let herself be deceived; she understands deceit too well herself.
AristophanesAristophanes Does money upset the hearts of learned men? He answered, “men whose hearts are changed by money are not learned.”
Al-GhazaliAl-Ghazali A man ought to get all he can earn. A man who knows he’s making money for other people ought to get some of the profit he brings in. Don’t make any difference if it’s baseball or a bank or a vaudeville show. It’s business, I tell you. There ain’t no sentiment to it. Forget that stuff.
Babe RuthBabe Ruth We are going as fast as we can as soon as we can. We’re in a race against time, until we run out of money.
Jack NicholsonJack Nicholson The only help I need to live, is unprofessional. The only wealth I have to give, is not material. And if you need much more than that, I’m not available.
Lauryn HillLauryn Hill True wealth is not measured in money or status or power. It is measured in the legacy we leave behind for those we love and those we inspire.
Cesar ChavezCesar Chavez If a man owes me money, I never seem to forget. But if I do the owing, I somehow never remember.
AristophanesAristophanes