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Charlie Munger Quotes: You don't have to have perfect wisdom to get very rich - just a bit better than average over a long period of time.
         

You don't have to have perfect wisdom to get very rich - just a bit better than average over a long period of time.


Charlie Munger
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"Charlie Munger Quotes." Quoteslyfe.com, 2024. Sun. 28 Apr. 2024. <https://www.quoteslyfe.com/quote/You-don-t-have-to-have-perfect-460895>.





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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 wasn't a colloquial phrase, or curse, that went something like, "May your day be full of angry dragons" or, "May every dragon you meet today be pissed off." But, there should have been.

There wasn't a colloquial phrase, or curse, that went something like, "May your day be full of angry dragons" or, "May every dragon you meet today be pissed off." But, there should have been.




INDIFFERENT, adj. Imperfectly sensible to distinctions among things.

INDIFFERENT, adj. Imperfectly sensible to distinctions among things.



Your giving is sacred and therefore should be kept secret. It is wise to give quietly with no strings attached.

Your giving is sacred and therefore should be kept secret. It is wise to give quietly with no strings attached.



You can't take 11 [million people ] at one time and just say, boom, you're gone.

You can't take 11 [million people ] at one time and just say, boom, you're gone.



I have faith that my life is in good hands. I honestly try to see how I can grow from uncomfortable circumstances.

I have faith that my life is in good hands. I honestly try to see how I can grow from uncomfortable circumstances.



You know, there are easier ways to meet a guy than to run him over.

You know, there are easier ways to meet a guy than to run him over.



The bravery of the nonviolent is vastly superior to that of the violent.

The bravery of the nonviolent is vastly superior to that of the violent.



Practically everyone is going to have a general purpose computer in their pocket, it's so easy to underestimate that, that has got to be the really, really big one.

Practically everyone is going to have a general purpose computer in their pocket, it's so easy to underestimate that, that has got to be the really, really big one.



Leaking of classified material is a concern.

Leaking of classified material is a concern.




Quote Description


This page presents the quote "You don't have to have perfect wisdom to get very rich - just a bit better than average over a long period of time.". Author of this quote is Charlie Munger. This quote is about time, perfect, long, rich, average, wisdom,.