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...
Lush landscaping, that’s what sells [houses]. You spend money on trees, and you get it back triple. Charlie Munger
Lush landscaping, that’s what sells [houses]. You spend money on trees, and you get it back triple.
The fishing tackle manufacturer I knew had all these flashy green and purple lures. I asked, ‘Do fish take these?’ ‘Charlie’, he said, ‘I don’t sell these lures to fish.’ Charlie Munger
The fishing tackle manufacturer I knew had all these flashy green and purple lures. I asked, ‘Do fish take these?’ ‘Charlie’, he said, ‘I don’t sell these lures to fish.’
What you have to learn is to fold early when the odds are against you or if you have a big edge, back it heavily because you don’t get a big edge often. Opportunity comes, but it doesn’t come often, so seize it when it does come. Charlie Munger
What you have to learn is to fold early when the odds are against you or if you have a big edge, back it heavily because you don’t get a big edge often. Opportunity comes, but it doesn’t come often, so seize it when it does come.
I’ve had kids in both moderate and immoderate circumstances, and to be honest, my children that were raised when we had less money have worked harder. Charlie Munger
I’ve had kids in both moderate and immoderate circumstances, and to be honest, my children that were raised when we had less money have worked harder.
The difference between a good business and a bad business is that good businesses throw up one easy decision after another. The bad businesses throw up painful decisions time after time. Charlie Munger
The difference between a good business and a bad business is that good businesses throw up one easy decision after another. The bad businesses throw up painful decisions time after time.
Arrangements between partners are tricky and rely on a combination of brains, judgement and trustworthiness. Charlie Munger
Arrangements between partners are tricky and rely on a combination of brains, judgement and trustworthiness.
I don’t think you can get to be a really good investor over a broad range without doing a massive amount of reading. I don’t think any one book will do it for you. Charlie Munger
I don’t think you can get to be a really good investor over a broad range without doing a massive amount of reading. I don’t think any one book will do it for you.
The best way to avoid enjoy, recognised by Aristotle, is to plainly deserve the success we get. Charlie Munger
The best way to avoid enjoy, recognised by Aristotle, is to plainly deserve the success we get.
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. Leave for the meeting early. Don’t be late., but if you are late, don’t bother giving people excuses. Just apologise. They’re due the ap 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. Leave for the meeting early. Don’t be late., but if you are late, don’t bother giving people excuses. Just apologise. They’re due the ap
You can be sure, that if you master the wonderful concepts, you’re going to get opportunities if you look for them. But you won’t get an unlimited number of good ideas – so when they come along, seize them. Charlie Munger
You can be sure, that if you master the wonderful concepts, you’re going to get opportunities if you look for them. But you won’t get an unlimited number of good ideas – so when they come along, seize them.
You don’t have to know everything. A few really big ideas carry most of the freight. Charlie Munger
You don’t have to know everything. A few really big ideas carry most of the freight.
