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Charlie Munger Quotes: Berkshire's past record has been almost ridiculous. If Berkshirehad used even half the leverage of, say, Rupert Murdoch, it would be five times its current size.
         

Berkshire's past record has been almost ridiculous. If Berkshirehad used even half the leverage of, say, Rupert Murdoch, it would be five times its current size.


Charlie Munger
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Intelligent people make decisions based on opportunity costs.



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Mimicking the herd invites regression to the mean.



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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.

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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.



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Be careful what you tell yourself, and do not belittle yourself, even in jest. Negative, deprecating self-talk can do significant harm to your self-image.

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Quote Description


This page presents the quote "Berkshire's past record has been almost ridiculous. If Berkshirehad used even half the leverage of, say, Rupert Murdoch, it would be five times its current size.". Author of this quote is Charlie Munger. This quote is about ridiculous, half, used, past, size, five, would be, records,.