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Your life must focus on the maximization of objectivity.

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Focus Life Object Yourself

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

If you don’t allow for self-serving bias in the conduct of others, you are, again, a fool.
CHARLIE MUNGER

Conduct Fools Service Yourself
Hard work, honesty, if you keep at it, will get you almost anything.
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Hard Work Honesty Yourself
Someone will always be getting richer faster than you. This is not a tragedy.
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Fast Rich Tragedy Yourself
Any year that you don’t destroy one of your best-loved ideas is probably a wasted year.
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Best Destroy Ideas Love Wasted Time Yourself
This is a good life lesson: getting the right people into your system is the most important thing you can do.
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Goodness Important Lesson Life People Right System Yourself
I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.
CHARLIE MUNGER

Argument Myself Opinion Side
Your life must focus on the maximization of objectivity.
CHARLIE MUNGER

Focus Life Object Yourself
I think that, every time you saw the word EBITDA, you should substitute the word “bullshit” earnings.
CHARLIE MUNGER

Myself Substitution Thinking Time
It’s been my experience in life if you just keep thinking and reading, you don’t have to work.
CHARLIE MUNGER

Experience Life Reading Thinking Yourself
Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.
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Gamble heavy Winning
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.
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Big heavy Offering Oneself Opportunity Simplicity Time Wisdom World
Knowing what you don’t know is more useful than being brilliant.
CHARLIE MUNGER

Brilliant Unknown Wisdom Yourself
A lot of our respected financial institutions are just casinos in drag.
CHARLIE MUNGER

Financial Institution Money Respect
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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Admire Business Career Enjoyment People Respect Rule Work Yourself
Intelligent people make decisions based on opportunity costs.
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Cost Decision Intelligence Opportunity People
I’m right, and you’re smart, and sooner or later you’ll see I’m right.
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Myself Right Smart Yourself

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