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Charlie Munger Quotes: Common stock investors can make money by predicting the outcomes of practice evolution. You can't derive this by fundamental analysis - you must think biologically.
         

Common stock investors can make money by predicting the outcomes of practice evolution. You can't derive this by fundamental analysis - you must think biologically.


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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The heart is like a woman, and the head is like a man, and although man is the head of woman, woman is the heart of man, and she turns man's head because she turns his heart.

The heart is like a woman, and the head is like a man, and although man is the head of woman, woman is the heart of man, and she turns man's head because she turns his heart.



Why did you leave? Am I not good enough? Where did you go? When did it happen? ..Who are you?

Why did you leave? Am I not good enough? Where did you go? When did it happen? ..Who are you?




First of all, it was in my contract. I knew I would be directing an episode.

First of all, it was in my contract. I knew I would be directing an episode.



Weve become a race of Peeping Toms. What people oughta do is get outside their own house and look in for a change.

Weve become a race of Peeping Toms. What people oughta do is get outside their own house and look in for a change.



Everything is made of one hidden stuff.

Everything is made of one hidden stuff.



Again, it occurred to me how weird it was to be permanent in a place that to everyone else was only temporary. Like I could never be sure if they were the ones who weren't real, or if I was.

Again, it occurred to me how weird it was to be permanent in a place that to everyone else was only temporary. Like I could never be sure if they were the ones who weren't real, or if I was.



I think that's what growing up is all about. It's about taking on new responsibilities and learning what you can handle, and learning what you can't.

I think that's what growing up is all about. It's about taking on new responsibilities and learning what you can handle, and learning what you can't.



Here's one redeeming quality about Donald Trump. He's an equal opportunity offender.

Here's one redeeming quality about Donald Trump. He's an equal opportunity offender.



In life nothing goes on for ever, even if it looks exactly as if it would.

In life nothing goes on for ever, even if it looks exactly as if it would.




Quote Description


This page presents the quote "Common stock investors can make money by predicting the outcomes of practice evolution. You can't derive this by fundamental analysis - you must think biologically.". Author of this quote is Charlie Munger. This quote is about common, money, analysis, evolution, outcomes, investors, thinking, practice, predicting,.