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
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.
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.
“People calculate too much and think too little. Charlie Munger
“People calculate too much and think too little.
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.
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.
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.” Charlie Munger
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.”
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.
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.