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| 2018 February 14 |
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Other Charlie Munger quotes:
Avoid working directly under somebody you don't admire and don't want to be like.
To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of undeserving people.
Intelligent people make decisions based on opportunity costs.
The only way to win is to work, work, work, work, and hope to have a few insights.
The safest way to get what you want is to deserve what you want.
I'm right, and you're smart, and sooner or later you'll see I'm right.
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 business model that relies on trickery is doomed to fail.
A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.
Knowing what you don't know is more useful than being brilliant.
