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Charlie Munger Quotes: The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.
         

The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. 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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Salute to the Smiling Faces of the 21st Century.

Salute to the Smiling Faces of the 21st Century.



Money is not the perfect source of satisfaction. This source is God.

Money is not the perfect source of satisfaction. This source is God.



I'm not at all interested in painting the object just as it is in nature. Certainly I'm much more interested in the mood of a thing than the truth of a thing.

I'm not at all interested in painting the object just as it is in nature. Certainly I'm much more interested in the mood of a thing than the truth of a thing.



If one cannot invent a really convincing lie, it is often better to stick to the truth.

If one cannot invent a really convincing lie, it is often better to stick to the truth.



It is less difficult to look beyond ... and foretell the future, than to look back and remember what has already gone before.

It is less difficult to look beyond ... and foretell the future, than to look back and remember what has already gone before.



Ideas are, in truth, force.

Ideas are, in truth, force.



The Democrats and Republicans are the same guy admiring themself in the mirror.

The Democrats and Republicans are the same guy admiring themself in the mirror.



I'm not getting old. I'm getting better.

I'm not getting old. I'm getting better.



When we kiss, his lips on mine are like CPR-- breathing the life back into me.

When we kiss, his lips on mine are like CPR-- breathing the life back into me.




Quote Description


This page presents the quote "The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.". Author of this quote is Charlie Munger. This quote is about time, odds, offers, wise, simple, opportunity, world,.