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Charlie Munger Quotes: The total amount paid out in dividends is roughly equal to the amount lost in trading and investment advice, so net dividends to shareholders are zero. This is a very peculiar way to run a republic.
         

The total amount paid out in dividends is roughly equal to the amount lost in trading and investment advice, so net dividends to shareholders are zero. This is a very peculiar way to run a republic.


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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Literature is language charged with meaning

Literature is language charged with meaning



You're here, on your knees, praying as the seconds on your Mickey Mouse clock tick by, but in God's time, you're working with Him at the moment of creation, when there is no time.

You're here, on your knees, praying as the seconds on your Mickey Mouse clock tick by, but in God's time, you're working with Him at the moment of creation, when there is no time.



That is the whole trouble with being a heretic. One usually must think out everything for oneself.

That is the whole trouble with being a heretic. One usually must think out everything for oneself.



There is a boundary to men's passions when they act from feelings; but none when they are under the influence of imagination.

There is a boundary to men's passions when they act from feelings; but none when they are under the influence of imagination.



You know, anything more negative, anything more disparaging, anything more adversarial than what [Donald Trump] does already. The mystery is how he's gotten as far as he's gotten.

You know, anything more negative, anything more disparaging, anything more adversarial than what [Donald Trump] does already. The mystery is how he's gotten as far as he's gotten.



Thanking people is dangerous business. A name always slips your mind.

Thanking people is dangerous business. A name always slips your mind.



And I guess that's when it starts to hit me: the whole point is, you do what you can.

And I guess that's when it starts to hit me: the whole point is, you do what you can.



Sometimes you don't realize how far you've gotten until you look around at the people who are still trailing far behind you.

Sometimes you don't realize how far you've gotten until you look around at the people who are still trailing far behind you.



It takes a few years to prepare for a space mission.

It takes a few years to prepare for a space mission.




Quote Description


This page presents the quote "The total amount paid out in dividends is roughly equal to the amount lost in trading and investment advice, so net dividends to shareholders are zero. This is a very peculiar way to run a republic.". Author of this quote is Charlie Munger. This quote is about shareholders, amount, investment, republic, way, peculiar, paid, dividends, lost,.