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Charlie Munger Quotes: A business model that relies on trickery is doomed to fail.
         

A business model that relies on trickery is doomed to fail.


Charlie Munger
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"Charlie Munger Quotes." Quoteslyfe.com, 2024. Sun. 28 Apr. 2024. <https://www.quoteslyfe.com/quote/A-business-model-that-relies-on-trickery-460829>.





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Other quotes of Charlie Munger


The best thing a human being can do is to help another human being know more.

The best thing a human being can do is to help another human being know more.



Intelligent people make decisions based on opportunity costs.

Intelligent people make decisions based on opportunity costs.



Mimicking the herd invites regression to the mean.

Mimicking the herd invites regression to the mean.



I did not succeed in life by intelligence. I succeeded because I have a long attention span.

I did not succeed in life by intelligence. I succeeded because I have a long attention span.



The big money is not in the buying and selling ... but in the waiting.

The big money is not in the buying and selling ... but in the waiting.



Great investing requires a lot of delayed gratification.

Great investing requires a lot of delayed gratification.



When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'

When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'



Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.



I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.

I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.



A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.

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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I hold this to be the highest task of a bond between two people: that each should stand guard over the solitude of the other.

I hold this to be the highest task of a bond between two people: that each should stand guard over the solitude of the other.



It is what we sow into people that they become

It is what we sow into people that they become



God is looking for godly people to send to the world of finances to subdue it for him.

God is looking for godly people to send to the world of finances to subdue it for him.



I never have been a coder, outside of when I was twelve or something, like on the Atari 1200 XP or whatever I had.

I never have been a coder, outside of when I was twelve or something, like on the Atari 1200 XP or whatever I had.



There are many ways to meditate. When you meditate, you are learning how to feel again.

There are many ways to meditate. When you meditate, you are learning how to feel again.



I say at this point, for different reasons, Bush and Hussein are both very threatening to world peace and to deny that is to be incredibly naive.

I say at this point, for different reasons, Bush and Hussein are both very threatening to world peace and to deny that is to be incredibly naive.



I was a terrible dancer. I dance like an Englishman.

I was a terrible dancer. I dance like an Englishman.



Philosophy stands in the same relation to the study of the actual world as masturbation to sexual love.

Philosophy stands in the same relation to the study of the actual world as masturbation to sexual love.



We do our work for Jesus and with Jesus. It's not a matter of praying some times and working others. We pray the work.

We do our work for Jesus and with Jesus. It's not a matter of praying some times and working others. We pray the work.



The experimentation that I do has a lot to do with tunes and pitches and ways that melodies are put together.

The experimentation that I do has a lot to do with tunes and pitches and ways that melodies are put together.




Quote Description


This page presents the quote "A business model that relies on trickery is doomed to fail.". Author of this quote is Charlie Munger. This quote is about failing, trickery, models, doomed, business, rely,.