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Charlie Munger Quotes: Understanding how to be a good investor makes you a better business manager and vice versa.
         

Understanding how to be a good investor makes you a better business manager and vice versa.


Charlie Munger
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"Charlie Munger Quotes." Quoteslyfe.com, 2024. Sat. 04 May. 2024. <https://www.quoteslyfe.com/quote/Understanding-how-to-be-a-good-investor-461001>.





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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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There is indeed no limitation in life to anybody’s height of greatness. The only limitation that we all have is the limitation that we create for ourselves.

There is indeed no limitation in life to anybody’s height of greatness. The only limitation that we all have is the limitation that we create for ourselves.



Men are afraid that women will laugh at them. Women are afraid that men will kill them.

Men are afraid that women will laugh at them. Women are afraid that men will kill them.



My personal opinion is that if someone writes honestly about war, it will inherently be anti-war.

My personal opinion is that if someone writes honestly about war, it will inherently be anti-war.



You can't stay the same. If you're a musician and a singer, you have to change, that's the way it works.

You can't stay the same. If you're a musician and a singer, you have to change, that's the way it works.



The idea of a liberal media bias is simply a myth. If only it were true, we might have a more humane, open-minded, and ultimately effective public debate on the issues facing the country.

The idea of a liberal media bias is simply a myth. If only it were true, we might have a more humane, open-minded, and ultimately effective public debate on the issues facing the country.



I was always interested in social change but never actually did anything about it.

I was always interested in social change but never actually did anything about it.



... we all know how to pray better than we practice what we know!

... we all know how to pray better than we practice what we know!



I'm a Catholic, raised a Catholic. I was an altar boy. Religion has been a huge part of my life. It helped lead me through a war, leads me today.

I'm a Catholic, raised a Catholic. I was an altar boy. Religion has been a huge part of my life. It helped lead me through a war, leads me today.



Many people have the reasoning facility, but no one uses it in religious matters.

Many people have the reasoning facility, but no one uses it in religious matters.



We're no longer in the Cold War. Eavesdropping on friends is unacceptable.

We're no longer in the Cold War. Eavesdropping on friends is unacceptable.




Quote Description


This page presents the quote "Understanding how to be a good investor makes you a better business manager and vice versa.". Author of this quote is Charlie Munger. This quote is about decision, vice versa, vices, business, understanding,.