Top 549 Quotes & Sayings by Charlie Munger - Page 10

Explore popular quotes and sayings by an American businessman Charlie Munger.
Last updated on September 17, 2024.
Accounting incomes were reduced by discrepancy [ but] "the net amount paid by lawyers for lawyerly discrepancy is close to zippo. In this case, the goddess of justice was blind.
I think that one should recognize reality even when one doesn't like it; indeed, especially when one doesn't like it.
Why would you want to invest with a guy whose thought process says, "If a second layer of fees is good, then let's add a third layer. — © Charlie Munger
Why would you want to invest with a guy whose thought process says, "If a second layer of fees is good, then let's add a third layer.
It's dishonourable to stay stupider than you need to be
Financial institutions make us nervous when they're trying to do well.
The normal expectancy of the average investor - for example, the pension funds of AT&T or IBM - is 6% for a long time.
I don't want to understand Facebook.
We don't have any miraculous way of avoiding taxes at Wesco and Berkshire.
You have a real asset-price bubble in places like parts of California and the suburbs of Washington, D.C.
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