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Charlie Munger Quotes: To some extent, stocks are like Rembrandts. They sell based on what they've sold in the past. Bonds are much more rational. No-one thinks a bond's value will soar to the moon.
         

To some extent, stocks are like Rembrandts. They sell based on what they've sold in the past. Bonds are much more rational. No-one thinks a bond's value will soar to the moon.


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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Many of our problems in US maternity care stem from the fact that we leave no room for recognizing when nature is smarter than we are.

Many of our problems in US maternity care stem from the fact that we leave no room for recognizing when nature is smarter than we are.



Genius begins great works labor alone finishes it.

Genius begins great works labor alone finishes it.



I was approached in Texas to be a model a few times. One of my first jobs was the cover of a CD.

I was approached in Texas to be a model a few times. One of my first jobs was the cover of a CD.



Creativity is the gift that keeps on giving.

Creativity is the gift that keeps on giving.



Trying to wage war on 23 million Americans who are obviously very committed to certain recreational activities is not going to be any more successful than Prohibition was.

Trying to wage war on 23 million Americans who are obviously very committed to certain recreational activities is not going to be any more successful than Prohibition was.



Authentic happiness comes from being in conscious connection with our inner being rather than dependency on outer things and circumstances which are constantly in a state of flux.

Authentic happiness comes from being in conscious connection with our inner being rather than dependency on outer things and circumstances which are constantly in a state of flux.



Sanity consists in not being subdued by your means. Fancy prices are paid for position, and for the culture of talent, but to thegrand interests, superficial success is of no account.

Sanity consists in not being subdued by your means. Fancy prices are paid for position, and for the culture of talent, but to thegrand interests, superficial success is of no account.



I always wear flat shoes, because I can't walk in anything else.

I always wear flat shoes, because I can't walk in anything else.



I think the kazoo and chocolate-chip cookies have a lot in common. All you need is a mouth to appreciate either one.

I think the kazoo and chocolate-chip cookies have a lot in common. All you need is a mouth to appreciate either one.




Quote Description


This page presents the quote "To some extent, stocks are like Rembrandts. They sell based on what they've sold in the past. Bonds are much more rational. No-one thinks a bond's value will soar to the moon.". Author of this quote is Charlie Munger. This quote is about soar, rational, past, moon, thinking,.