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Charlie Munger Quotes: How do you compete against a true fanatic? You can only try to build the best possible moat and continuously attempt to widen it.
         

How do you compete against a true fanatic? You can only try to build the best possible moat and continuously attempt to widen it.


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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I can no more understand the totality of God than the pancake I made for breakfast understands the complexity of me

I can no more understand the totality of God than the pancake I made for breakfast understands the complexity of me



For how long are you going to continue making excuses? When have you ever solved anything through excuses?

For how long are you going to continue making excuses? When have you ever solved anything through excuses?



The free development of each is the condition for the free development of all.

The free development of each is the condition for the free development of all.



the sort of fish that a good fisherman puts back into the water

the sort of fish that a good fisherman puts back into the water



Why does a steward steal? He steals because he's not sure he'll always remain with his master and wants to make his future secure.

Why does a steward steal? He steals because he's not sure he'll always remain with his master and wants to make his future secure.




Success consists in the climb.

Success consists in the climb.



Imagination! Imagination! I put it first years ago, when I was asked what qualities I thought necessary for success on the stage.

Imagination! Imagination! I put it first years ago, when I was asked what qualities I thought necessary for success on the stage.



I truly believe that a woman can have anything she wants - if she's willing to do the hard work it takes to get it.

I truly believe that a woman can have anything she wants - if she's willing to do the hard work it takes to get it.



All the seven deadly sins are peccadilloes but without three of them, Pride, Lust, and Sloth, poetry might never have been born.

All the seven deadly sins are peccadilloes but without three of them, Pride, Lust, and Sloth, poetry might never have been born.




Quote Description


This page presents the quote "How do you compete against a true fanatic? You can only try to build the best possible moat and continuously attempt to widen it.". Author of this quote is Charlie Munger. This quote is about moats, fanatics, trying,.