Hello. I am Deepak Kundu, an avid book reader and quotes collector. Here is a list of 10 Charlie Munger quotes that I liked and saved from various books. I hope you enjoy reading them.
Charlie Munger Quotes
Three things ruin people: drugs, liquor, and leverage.
Charlie Munger, from Richer, Wiser, Happier book by William Green
Especially fear professional advice when it is especially good for the adviser.
Charlie Munger, from Richer, Wiser, Happier book by William Green
If you’re going to be in this game for the long pull, which is the way to do it, you better be able to handle a fifty percent decline without fussing too much about it. And so my lesson to all of you is, conduct your life so that you can handle the fifty percent decline with aplomb and grace. Don’t try to avoid it. It will come. In fact, I would say if it doesn’t come, you’re not being aggressive enough.
Charlie Munger, from Richer, Wiser, Happier book by William Green
I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart.
Charlie Munger, from Richer, Wiser, Happier book by William Green
You have to be like a man standing with a spear next to a stream. Most of the time he’s doing nothing. When a fat juicy salmon swims by, the man spears it. Then he goes back to doing nothing. It may be six months before the next salmon goes by.
Charlie Munger, from Richer, Wiser, Happier book by William Green
Take a simple idea and take it seriously.
Charlie Munger, from Richer, Wiser, Happier book by William Green
It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
Charlie Munger, from Richer, Wiser, Happier book by William Green
I don’t have any wonderful insights that other people don’t have. I just have slightly more consistently than others avoided idiocy. Other people are trying to be smart. All I’m trying to be is non-idiotic.
Charlie Munger, from Richer, Wiser, Happier book by William Green
Any year that you don’t destroy one of your best-loved ideas is probably a wasted year.
Charlie Munger, from Richer, Wiser, Happier book by William Green
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.
Charlie Munger, from Richer, Wiser, Happier book by William Green