Charlie Munger on focus
Charlie Munger83 quotes“Your life must focus on the maximization of objectivity.”
More from Charlie Munger
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 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 To me, it’s obvious that the winner has to bet very selectively. It’s been obvious to me since very early in life. I don’t know why it’s not obvious to very many other people.
Charlie MungerCharlie Munger Never, ever, think about something else when you should be thinking about the power of incentives.
Charlie MungerCharlie Munger Common stock investors can make money by predicting the outcomes of practice evolution. You can’t derive this by fundamental analysis – you must think biologically.
Charlie MungerCharlie Munger When you locate a bargain, you must ask, ‘Why me, God? Why am I the only one who could find this bargain?’
Charlie MungerCharlie Munger All I want to know is where I’m going to die, so I’ll never go there.
Charlie MungerCharlie Munger Go to bed smarter than when you woke up.
Charlie MungerCharlie Munger Investing is where you find a few great companies and then sit on your ass.
Charlie MungerCharlie Munger Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.
Charlie MungerCharlie Munger I like people admitting they were complete stupid horses’ asses. I know I’ll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.
Charlie MungerCharlie Munger The safest way to get what you want is to deserve what you want.
Charlie MungerCharlie Munger Our experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime.
Charlie MungerCharlie Munger
Original quotes
From our community writers
I’ve grown tired of playing the warrior In the battle between me And my demons.
J.S BrownJ.S Brown No matter how many storms pass through it, this heart is still a gentle thing.
Sabina LauraSabina Laura If you want to start something great, you need commitment. But if you want to finish that something great, you need consistency.
Alison ButcherAlison Butcher Abundance is my birthright it starts with harvesting my inner light.
Shannon Van AlstShannon Van Alst I believed in the magic we made, but you were the magician and i was merely your puppet on stage.
Sophie AliaSophie Alia Eternity is vague. Let me fill in the blanks with you.
Addison SchmittAddison Schmitt Action is the key that solves all your problems.
Abel StarcAbel Starc His promises looked so promising that she just ignored the blatant truths.
Krishan PandeyKrishan Pandey
Meet the writers
More on focus
If you’re focused on the friendship as its own reward, serendipitous stuff just happens. I know that sounds weird, but I can tell you for our 12 years of existence, it’s actually how a lot of stuff happens.
Tony HsiehTony Hsieh To me, meditation is simply silencing or focusing the mind.
Brendon BurchardBrendon Burchard For me, managing my energy means slowing myself down before the big event. I slow down the racing thoughts in my mind. I concentrate on and slow down my breathing. I listen to and steady my heart rate.
Lewis HowesLewis Howes Just because its not on the focus doesn’t mean its not there.
Sumiran ThapaSumiran Thapa In the very few interviews I’ve made, it doesn’t matter how long we’ve talked to each other, the headline is still just about my paycheck.
PewDiePiePewDiePie Nothing done with the focus on God is ever a waste of time.
Lysa TerKeurstLysa TerKeurst Don’t ignore the love you DO have in your life by focusing on the love you DON’T.
Mandy HaleMandy Hale Extraordinary results are directly determined by how narrow you can make your focus.
Gary KellerGary Keller
