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Charlie Munger Quotes: If you don't allow for self-serving bias in the conduct of others, you are, again, a fool.
         

If you don't allow for self-serving bias in the conduct of others, you are, again, a fool.


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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Your noble friend will not accept pretension but will gently and very firmly confront you with your own blindness. Such friendship is creative and critical

Your noble friend will not accept pretension but will gently and very firmly confront you with your own blindness. Such friendship is creative and critical



I never gave him a chance to decide if I was worth loving. I'd taken that choice away from him - because I feared what it would be.

I never gave him a chance to decide if I was worth loving. I'd taken that choice away from him - because I feared what it would be.



We only pass everything by like a transposition of air.

We only pass everything by like a transposition of air.



Societies have always been shaped more by the nature of the media by which men communicate than by the content of the communication.

Societies have always been shaped more by the nature of the media by which men communicate than by the content of the communication.



I'm feeling a little delicate.

I'm feeling a little delicate.



God doesn't have any grandchildren.

God doesn't have any grandchildren.



(A Foreign Secretary) is forever poised between the cliche and the indiscretion.

(A Foreign Secretary) is forever poised between the cliche and the indiscretion.



People avoid action. Often because they are afraid of the consequences, for action means risk and danger. Danger seems terrible from a distance; it is not so bad if you have a close look at it

People avoid action. Often because they are afraid of the consequences, for action means risk and danger. Danger seems terrible from a distance; it is not so bad if you have a close look at it



My favorite singer to this day is Nat King Cole. I've tried to emulate his phrasing. It is so absolutely beautiful to listen to his lovely voice.

My favorite singer to this day is Nat King Cole. I've tried to emulate his phrasing. It is so absolutely beautiful to listen to his lovely voice.



How do we make the world work?

How do we make the world work?




Quote Description


This page presents the quote "If you don't allow for self-serving bias in the conduct of others, you are, again, a fool.". Author of this quote is Charlie Munger. This quote is about fool, bias, serving, self,.