The safest way to try to get what you want is to try to deserve what you want. It’s such a simple idea. It’s the golden rule. You want to deliver to the world what you would buy if you were on the other end.
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Other Charlie Munger quotes:
Most people are too fretful, they worry to much. Success means being very patient, but aggressive when it's time.
How to find a good spouse? - the best single way is to deserve a good spouse.
You have to learn to be a follower before you become a leader.
A business model that relies on trickery is doomed to fail.
The only way to win is to work, work, work, work, and hope to have a few insights.
If you don't keep learning, other people will pass you by. Temperament alone won't do it - you need a lot of curiosity for a long, long time.
A great business at a fair price is superior to a fair business at a great price.
Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.
We have a passion for keeping things simple.
Go to bed smarter than when you woke up.
