It’s dishonourable to stay
It’s dishonourable to stay stupider than you need to be Charlie Munger
Quotes for All
It’s dishonourable to stay stupider than you need to be Charlie Munger
Financial institutions make us nervous when they’re trying to do well. Charlie Munger
Why would you want to invest with a guy whose thought process says, If a second layer of fees is good, then let’s add a third layer. Charlie Munger
I don’t want to understand Facebook. Charlie Munger
We don’t have any miraculous way of avoiding taxes at Wesco and Berkshire. Charlie Munger
I think that one should recognize reality even when one doesn’t like it; indeed, especially when one doesn’t like it. Charlie Munger
You have a real asset-price bubble in places like parts of California and the suburbs of Washington, D.C. Charlie Munger
The normal expectancy of the average investor – for example, the pension funds of AT&T or IBM – is 6% for a long time. Charlie Munger
When you mix raisins and turds, you’ve still got turds. Charlie Munger
Accounting is a big subject and there are huge forces in play. The entire momentum of existing thinking and existing custom is in a direction that allows terrible follies to happen, and the terrible follies have terrible consequences. Charlie Munger