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Other Charlie Munger quotes:
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.
What's the best way to get a good spouse? The best single way is to deserve a good spouse because a good spouse is by definition not nuts.
It's dishonourable to stay stupider than you need to be.
I'm right, and you're smart, and sooner or later you'll see I'm right.
If all you succeed in doing in life is getting rich by buying little pieces of paper, it's a failed life. Life is more than being shrewd in wealth accumulation.
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.
Opportunity comes to the prepared mind.
If we've been a little more successful than other people, is because we always realised that the school of life was always open, and if you were not learning more you are falling behind.
