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Charlie Munger Quotes: The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It's just that simple.
         

The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It's just that simple.


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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To a Young Poet Time cannot break the bird's wing from the bird. Bird and wing together Go down, one feather. No thing that ever flew, Not the lark, not you, Can die as others do.

To a Young Poet Time cannot break the bird's wing from the bird. Bird and wing together Go down, one feather. No thing that ever flew, Not the lark, not you, Can die as others do.



In the middle of the woods Lived the Yonghy-Bonghy-Bo. Two old chairs and half a candle, One old jug without a handle- These were all the worldly goods.

In the middle of the woods Lived the Yonghy-Bonghy-Bo. Two old chairs and half a candle, One old jug without a handle- These were all the worldly goods.



He said, You're so tiny, like a doll, you look like you might break. I wanted him to break me. Part of me did.

He said, You're so tiny, like a doll, you look like you might break. I wanted him to break me. Part of me did.



Redefining the role of the United States from enablers to keep the peace to enablers to keep the peace from peacekeepers is going to be an assignment.

Redefining the role of the United States from enablers to keep the peace to enablers to keep the peace from peacekeepers is going to be an assignment.



When I was being photographed, I always felt very much in my own skin. That's probably one of the reasons why I enjoy being photographed.

When I was being photographed, I always felt very much in my own skin. That's probably one of the reasons why I enjoy being photographed.



Nothing is worth more than this day. You cannot relive yesterday. Tomorrow is still beyond your reach.

Nothing is worth more than this day. You cannot relive yesterday. Tomorrow is still beyond your reach.



Resolution is struggle. Resolution is ego. Resolution is saying, "I cannot live spontaneously. ".

Resolution is struggle. Resolution is ego. Resolution is saying, "I cannot live spontaneously. ".



I don't think that anyone can really understand anything until it's understood on a cellular, emotional level.

I don't think that anyone can really understand anything until it's understood on a cellular, emotional level.



When you are young, work to learn, not to earn.

When you are young, work to learn, not to earn.



We live in a material world. I'm not saying that beautiful things don't enhance our lives. But, in our culture, we're never happy.

We live in a material world. I'm not saying that beautiful things don't enhance our lives. But, in our culture, we're never happy.




Quote Description


This page presents the quote "The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It's just that simple.". Author of this quote is Charlie Munger. This quote is about considering, games, pay, quality, investment, simple,.