Charles Thomas Munger (born January 1, 1924) is an American businessman, lawyer, investor, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; in this capacity...
What are the secret of success ? -one word answer :"rational" Charlie Munger
What are the secret of success ? -one word answer :"rational"
Remember that reputation and intergrity are your most valuable assets-and can be lost in heartbeat. Charlie Munger
Remember that reputation and intergrity are your most valuable assets-and can be lost in heartbeat.
“The best armour of old age is a well spent life perfecting it Charlie Munger
“The best armour of old age is a well spent life perfecting it
The company that needs a new machine tool, and hasn’t bought it, is already paying for it. Charlie Munger
The company that needs a new machine tool, and hasn’t bought it, is already paying for it.
There’s integrity, intelligence, experience and dedication. Charlie Munger
There’s integrity, intelligence, experience and dedication.
How to find a good spouse ? -the best singel way is to deserve a good spouse. Charlie Munger
How to find a good spouse ? -the best singel way is to deserve a good spouse.
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
Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris – I wanted the independence. I desperately wanted it.
“People calculate too much and think too little. Charlie Munger
“People calculate too much and think too little.
Investors can have 90% of their wealth in a single company, if it is the right company. Charlie Munger
Investors can have 90% of their wealth in a single company, if it is the right company.
It’s not that much fun to buy a company that you hope liquidates at a profit just before it is destined to go broke. Charlie Munger
It’s not that much fun to buy a company that you hope liquidates at a profit just before it is destined to go broke.
Just the discipline of having to put your thoughts in order with somebody else is a very useful thing. Charlie Munger
Just the discipline of having to put your thoughts in order with somebody else is a very useful thing.
After all, a competing product, if it is never tried, can’t act as a reward creating a conflicting habit. Every spouse knows that. Charlie Munger
After all, a competing product, if it is never tried, can’t act as a reward creating a conflicting habit. Every spouse knows that.
