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Charlie Munger Quotes: All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock.
         

All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock.


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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Intelligence without wisdom is nothing more than stupidity that looks smart.

Intelligence without wisdom is nothing more than stupidity that looks smart.



To be known so well by someone is an unimaginable gift. But to be imagined so well by someone is even better.

To be known so well by someone is an unimaginable gift. But to be imagined so well by someone is even better.



I verily believe that I never took infant in my arms that did not the moment it was there by its cries beg to be removed.

I verily believe that I never took infant in my arms that did not the moment it was there by its cries beg to be removed.



A person does feel sheepish picking on journalists, a class already so richly despised that if a planeload of them crashed in flames, most people would smile from pure reflex.

A person does feel sheepish picking on journalists, a class already so richly despised that if a planeload of them crashed in flames, most people would smile from pure reflex.



Daoist thought is the root of science and technology in China.

Daoist thought is the root of science and technology in China.



Maybe I was in love, but I was still me, after all.

Maybe I was in love, but I was still me, after all.



When this is over, the media will lose interest [in the relationship]. There’ll be nothing to say. It won’t fit into a headline anymore. It won’t fit into a template.

When this is over, the media will lose interest [in the relationship]. There’ll be nothing to say. It won’t fit into a headline anymore. It won’t fit into a template.



He will provide the way and the means, such as you could never have imagined. Leave it all to Him, let go of yourself, lose yourself on the Cross, and you will find yourself entirely.

He will provide the way and the means, such as you could never have imagined. Leave it all to Him, let go of yourself, lose yourself on the Cross, and you will find yourself entirely.



After moving to England I did some recording and eventually formed an English band, this was together for quite a few years with only a keyboard replacement. The band had no name, just my name.

After moving to England I did some recording and eventually formed an English band, this was together for quite a few years with only a keyboard replacement. The band had no name, just my name.



At MTV, although the audience is smaller, I found it more interesting to deliver news to a specific group of people, because my story then did not have to try to be all things to all people.

At MTV, although the audience is smaller, I found it more interesting to deliver news to a specific group of people, because my story then did not have to try to be all things to all people.




Quote Description


This page presents the quote "All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock.". Author of this quote is Charlie Munger. This quote is about order, business, investing, intelligent,.