You’re not going to get very far in life based on what you already know. You’re going to advance in life by what you’re going to learn after you leave here.
CHARLIE MUNGER
CHARLIE MUNGER
Charlie Munger on learning
Charlie Munger83 quotes“You’re not going to get very far in life based on what you already know. You’re going to advance in life by what you’re going to learn after you leave here.”
More from Charlie Munger
We try more to profit from always remembering the obvious than from grasping the esoteric.
Charlie MungerCharlie Munger You don’t have to have perfect wisdom to get very rich – just a bit better than average over a long period of time.
Charlie MungerCharlie Munger You’re looking for a mispriced gamble. That’s what investing is. And you have to know enough to know whether the gamble is mispriced. That’s value investing.
Charlie MungerCharlie Munger Show me the incentive and I will show you the outcome.
Charlie MungerCharlie Munger There’s no way that you can live an adequate life without many mistakes. In fact, one trick in life is to get so you can handle mistakes. Failure to handle psychological denial is a common way for people to go broke.
Charlie MungerCharlie Munger I’m right, and you’re smart, and sooner or later you’ll see I’m right.
Charlie MungerCharlie Munger If you get into the mental habit of relating what you’re reading to the basic structure of the underlying ideas being demonstrated, you gradually accumulate some wisdom.
Charlie MungerCharlie Munger If we’ve been a little more successful than other people, is because we always realised that the school of life was always open, and if you were not learning more you are falling behind.
Charlie MungerCharlie Munger People always underestimate the ability of earth to increase its carrying capacity.
Charlie MungerCharlie Munger Move only when you have an advantage. It’s very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.
Charlie MungerCharlie Munger I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge.
Charlie MungerCharlie Munger The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.
Charlie MungerCharlie 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
Original quotes
From our community writers
Someone rejected you does not mean you are not worthy. Maybe they can’t afford to be with you.
Jacklyn TysonJacklyn Tyson I will love you from afar it’s better this way because close up it hurts too much.
Melissa AndersonMelissa Anderson Maybe if you hold me tight, our love won’t be as shallow.
Mira R. AridiMira R. Aridi Sometimes a person is in peace & in the piece at the same time.
Jessica CollinsJessica Collins Between day and night there was a moment of silence.
Frode GaslandFrode Gasland But doesn’t it hurt to feel so much and pretend not to?
Brad NeatonBrad Neaton Admire your sweet way of glowing; your passionate way of flowing.
Ana SoulfulAna Soulful Darling, you are a warrior, for even though each day feels like a battle, you keep fighting and live on.
Sarah ShawkatSarah Shawkat
Meet the writers
More on learning
I’ve learned… That sometimes all a person needs is a hand to hold and a heart to understand.
Andy RooneyAndy Rooney I’ve learned, That to ignore the facts does not change the facts.
Andy RooneyAndy Rooney I’ve learned that we should be glad God doesn’t give us everything we ask for.
Andy RooneyAndy Rooney Even if you do learn to speak correct English, whom are you going to speak it to?
Clarence DarrowClarence Darrow The biggest seller is cookbooks and the second is diet books – how not to eat what you’ve just learned how to cook.
Andy RooneyAndy Rooney I’ve learned, That the less time I have to work with, the more things I get done.
Andy RooneyAndy Rooney As an actor, my attitude towards using of film versus digital is, if you have film, filmmakers have to cut eventually so you don’t have to learn all that dialogue. With digital, they can just go on forever and it’s a nightmare. So, I like film – nice short takes.
Michael CaineMichael Caine I’ve learned, That one should keep his words both soft and tender, because tomorrow he may have to eat them.
Andy RooneyAndy Rooney