Quotes from Charlie Munger
I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it.
- Charlie Munger
The tradition of always looking for the answer in the most fundamental way available - that is a great tradition, and it saves a lot of time in this world.
- Charlie Munger
If you're glued together right and honorable, you will succeed. Get in there and get rid of stupidities and avoid bad people. Try teaching that to your grandchildren. The best way is by example. Fix yourself.
- Charlie Munger
If you're unhappy with what you've had over the last 50 years, you have an unfortunate misappraisal of life. It's as good as it gets, and it's very likely to get worse.
- Charlie Munger
You must force yourself to consider opposing arguments. Especially when they challenge your best loved ideas.
- Charlie Munger
To atone, I teach and try to set an example... I love spreading this stuff around. Just because it's trite doesn't mean it isn't right. In fact, I like to say, 'If it's trite, it's right.'
- Charlie Munger
The safest way to get what you want is to deserve what you want.
- Charlie Munger
Wells Fargo had a glitch - the truth of the matter is they made a business judgement that was wrong. I don't think anything is fundamentally wrong.
- Charlie Munger
It's a real pleasure to earn the trust of your customers slowly over time by doing what's right.
- Charlie Munger
There are worse situations than drowning in cash and sitting, sitting, sitting. I remember when I wasn't awash in cash — and I don't want to go back.
- Charlie Munger
Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to hell with them.
- Charlie 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 Munger