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 MUNGER
CHARLIE MUNGER
Charlie Munger on big
Charlie Munger83 quotes“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.”
More from Charlie 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 It’s been my experience in life if you just keep thinking and reading, you don’t have to work.
Charlie MungerCharlie Munger Most people are too fretful, they worry to much. Success means being very patient, but aggressive when it’s time.
Charlie MungerCharlie Munger A lot of our respected financial institutions are just casinos in drag.
Charlie MungerCharlie Munger Knowing what you don’t know is more useful than being brilliant.
Charlie MungerCharlie Munger Intelligent people make decisions based on opportunity costs.
Charlie MungerCharlie Munger Opportunity comes to the prepared mind.
Charlie MungerCharlie Munger Great investing requires a lot of delayed gratification.
Charlie MungerCharlie Munger The big money is not in the buying and selling, but in the waiting.
Charlie MungerCharlie Munger
Original quotes
From our community writers
In this wilderness, Mankind is the animal I fear.
Addison SchmittAddison Schmitt The irony is that he broke the only person he never wanted to hurt.
Krishan PandeyKrishan Pandey I will wait, I am waiting, and I will love you with all the love I posses until this body is ash and I begin my search for you again.
Tyler Knott GregsonTyler Knott Gregson Nothing is permanent not even your pain.
Taj AroraTaj Arora Do not insist me to let you go, you come half hearted like a crescent moon, and you go heart-filled like a full moon which glows.
Nikita GandhiNikita Gandhi I want to fold you into my book, like a petal, so that you’d never leave.
Mira R. AridiMira R. Aridi It seems strange how we look in the same mirror, yet what stares back, is so painfully different.
Chris AllchinChris Allchin Do not measure yourself by success, failure, or a degree. Measure your life by the dreams you have.
Natalie MooneyNatalie Mooney
Meet the writers
More on big
The big secret about Art is that no one wants it to be true.
Adam PhillipsAdam Phillips People always – when you rise, whenever you’re getting to a point where you’re a very big band, which is a very rare thing, there are always going to be people that aren’t going to like you.
Adam LevineAdam Levine Who’s afraid of the big, bad buildings? Everyone, because there are so many things about gigantism that we just don’t know.
Ada Louise HuxtableAda Louise Huxtable Sometimes the world seems like a big hole. You spend all your life shouting down it and all you hear are echoes of some idiot yelling nonsense down a hole.
Adam DuritzAdam Duritz The big difference that I notice, and this is what all love as New York city and Philadelphia has treated me fantastically, but man, you cannot screw up in Philadelphia and New York.
Adam ColeAdam Cole Big Dreams start with small unreasonable acts
Adam BraunAdam Braun I have been in teen shows for years, so doing that stuff – kissing – is kind of commonplace and not a big deal. It was way more cool just because it was Meg Ryan.
Adam BrodyAdam Brody There’s an intelligence within the heart that is far bigger than our figuring out the mind.
Michael BeckwithMichael Beckwith