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Charlie Munger Quotes: We tend to buy things - a lot of things - where we don't know exactly what will happen, but the outcome will be decent.
         

We tend to buy things - a lot of things - where we don't know exactly what will happen, but the outcome will be decent.


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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They can conquer who believe they can.

They can conquer who believe they can.



I met a travler from an ancient land.

I met a travler from an ancient land.



After marriage, husband and wife become two sides of a coin; they just can't face each other, but still they stay together.

After marriage, husband and wife become two sides of a coin; they just can't face each other, but still they stay together.



A nobler example, because a less personal one, of the pinch of poverty, is when it prevents the accomplishment of some cherished scheme for the benefit of the human race.

A nobler example, because a less personal one, of the pinch of poverty, is when it prevents the accomplishment of some cherished scheme for the benefit of the human race.



In interviews I gave early on in my career, I was quoted as saying it was possible to have it all: a dynamic job, marriage, and children. In some respects, I was a social adolescent.

In interviews I gave early on in my career, I was quoted as saying it was possible to have it all: a dynamic job, marriage, and children. In some respects, I was a social adolescent.



Theres a child within me. Everything is fascinating. The hunger to learn, do better and more creative things never goes.

Theres a child within me. Everything is fascinating. The hunger to learn, do better and more creative things never goes.



Because you know He can, you can pray with holy confidence.

Because you know He can, you can pray with holy confidence.



I like writing melody without an instrument. It's just so - it's more like the choreography of a bee; you just go.

I like writing melody without an instrument. It's just so - it's more like the choreography of a bee; you just go.




Quote Description


This page presents the quote "We tend to buy things - a lot of things - where we don't know exactly what will happen, but the outcome will be decent.". Author of this quote is Charlie Munger. This quote is about decent, happens, outcomes,.