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Charlie Munger Quotes: A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too likely to be foolish in another.
         

A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too likely to be foolish in another.


Charlie Munger
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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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Live your life, listen to your music way to loud, be crazy and as different as you want to be and always remember your not alone

Live your life, listen to your music way to loud, be crazy and as different as you want to be and always remember your not alone



Compared to industry in Europe or Japan, where industry was based on a craft tradition, we are sadly behind.

Compared to industry in Europe or Japan, where industry was based on a craft tradition, we are sadly behind.



EFT is destined to be a top healing tool for the 21st Century.

EFT is destined to be a top healing tool for the 21st Century.



Gas prices - it is $6 a gallon here. People in L.A. are furious. You can't tell, of course, because of the Botox.

Gas prices - it is $6 a gallon here. People in L.A. are furious. You can't tell, of course, because of the Botox.



It still may take some explaining, but many more women are keeping their birth names (and not calling them maiden names, with all the sexual double standards that implies).

It still may take some explaining, but many more women are keeping their birth names (and not calling them maiden names, with all the sexual double standards that implies).



Everything changes when you change.

Everything changes when you change.



It is a cup final and the one who wins it goes through

It is a cup final and the one who wins it goes through



If God had intended us to fly, he'd have never given us railways.

If God had intended us to fly, he'd have never given us railways.



Black art has always existed. It just hasn't been looked for in the right places.

Black art has always existed. It just hasn't been looked for in the right places.



Life is serious, but I do think that God wants us to enjoy the things He's given us, like music.

Life is serious, but I do think that God wants us to enjoy the things He's given us, like music.




Quote Description


This page presents the quote "A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too likely to be foolish in another.". Author of this quote is Charlie Munger. This quote is about rough, foolish, one way, way, life is, organization,.