Investing is where you find a few great companies and then sit on your ass.
CHARLIE MUNGERThe safest way to get what you want is to deserve what you want.
More Charlie Munger Quotes
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A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.
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A lot of our respected financial institutions are just casinos in drag.
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To the man with only a hammer, every problem looks like a nail.
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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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I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.
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Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.
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Hard work, honesty, if you keep at it, will get you almost anything.
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You must force yourself to consider opposing arguments. Especially when they challenge your best loved ideas.
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It’s been my experience in life if you just keep thinking and reading, you don’t have to work.
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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.
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Never, ever, think about something else when you should be thinking about the power of incentives.
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When you locate a bargain, you must ask, ‘Why me, God? Why am I the only one who could find this bargain?’
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The best thing a human being can do is to help another human being know more.
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People always underestimate the ability of earth to increase its carrying capacity.
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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 MUNGER






