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Inspirational Charlie Munger

#anandsrinivasan #charliemunger #psychology #human #berich

Charlie Munger is an American businessman, lawyer, investor, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett. May his quotes help you to live your dreams and live life at a higher standard.

“Always take the high road, it’s far less crowded.” Charlie Munger

“The best thing a human being can do is to help another human being know more.” Charlie Munger

“The big money is not in the buying the selling, but in the waiting.” Charlie Munger

“Take one simple idea and take it seriously.” Charlie Munger

“You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long time.” Charlie Munger

“Knowing what you don’t know is more useful than being brilliant.” Charlie Munger

“A majority of life’s errors are caused by forgetting what one is really trying to do.” Charlie Munger

“We have three baskets for investing: yes, no, and too tough to understand.” Charlie Munger

“In my whole life, I have known no wise people who didn’t read all the time – none, zero.” Charlie Munger

“People calculate too much and think too little.” Charlie Munger

“Those who keep learning, will keep rising in life.” Charlie Munger

“We have a passion for keeping things simple.” Charlie Munger

“You must force yourself to consider opposing arguments. Especially when they challenge your best loved ideas.” Charlie Munger

“Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris – I wanted the independence. I desperately wanted it.” Charlie Munger

“Mimicking the herd invites regression to the man.” Charlie Munger

“If your new behavior gives you a little temporary unpopularity with your peer group, then to hell with them.” Charlie Munger

“I met the towering intellectuals in books, not in the classroom, which is natural. I can’t remember when I first read Ben Franklin. I had Thomas Jefferson over my bed at seven or eight. My family was into all that stuff, getting ahead through discipline, knowledge, and self-control.” Charlie Munger

“Live within your income and save so that you can invest. Learn what you need to learn.” Charlie Munger

“No wise pilot, no matter how great his talent and experience, fails to use a checklist.” Charlie Munger

“Quickly identify mistakes and take action.” Charlie Munger

“Most people are too fretful, they worry too much. Success means being very patient, but aggressive when it’s time.” Charlie Munger

“Extreme patience combined with extreme decisiveness.” Charlie Munger

“Repetition is the heart of instruction.” Charlie Munger

“This habit of committing far more time to learning and thinking than to doing is no accident.” Charlie Munger

“Acquire worldly wisdom and adjust your behaviour accordingly.” Charlie Munger

“You need a different checklist and different mental models for different companies. I can never make it easy by saying, ‘Here are three things.’ You have to derive it yourself to ingrain it in your head for the rest of your life.” Charlie Munger

“Benjamin Franklin was able to make the contribution he did because he had [financial] freedom. Charlie Munger

“There is no way you can live an adequate life without making many mistakes.” Charlie Munger

“Do the best you can do. Never tell a lie. If you say you’re going to do it, get it done. Nobody cares about an excuse.” Charlie Munger

“I didn’t get to where I am by going after mediocre opportunities.” Charlie Munger

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Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
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