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Charlie Munger Quotes: I think gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939, but civilized people don't buy gold, they invest in productive businesses.
         

I think gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939, but civilized people don't buy gold, they invest in productive businesses.


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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Life is funny. Things change, people change, but you will always be you, so stay true to yourself and never sacrifice who you are for anyone.

Life is funny. Things change, people change, but you will always be you, so stay true to yourself and never sacrifice who you are for anyone.



It must be an awful feeling to have love all around you and not feel loved, to be in need and unable to accept whats being offered, to see a world of possibilities but trapped inside your own mind.

It must be an awful feeling to have love all around you and not feel loved, to be in need and unable to accept whats being offered, to see a world of possibilities but trapped inside your own mind.



The greatest obstacle to discovery is not ignorance - it is the illusion of knowledge.

The greatest obstacle to discovery is not ignorance - it is the illusion of knowledge.



I want to be a great actor someday, and I've decided there's no use philosophizing; the only way is to work at my craft.

I want to be a great actor someday, and I've decided there's no use philosophizing; the only way is to work at my craft.



He who steps on stones is glad to feel the smallest spray of moss beneath his feet.

He who steps on stones is glad to feel the smallest spray of moss beneath his feet.



Desmond, don't poke the baby!'... 'I'll get you next time-' Don't threaten the baby either!'.

Desmond, don't poke the baby!'... 'I'll get you next time-' Don't threaten the baby either!'.



My art is just an effort to express the truth of my being in gesture and movement. It has taken me long years to find even one absolutely true movement.

My art is just an effort to express the truth of my being in gesture and movement. It has taken me long years to find even one absolutely true movement.



The earth is the general and equal possession of all humanity and therefore cannot be the property of individuals.

The earth is the general and equal possession of all humanity and therefore cannot be the property of individuals.



[If] man creates the problem, surely man can solve it.

[If] man creates the problem, surely man can solve it.



If I ever have a conflict between art and nature, I let art win.

If I ever have a conflict between art and nature, I let art win.




Quote Description


This page presents the quote "I think gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939, but civilized people don't buy gold, they invest in productive businesses.". Author of this quote is Charlie Munger. This quote is about vienna, people, gold, productive, garments, civilized, jewish family, thinking,.