A Quote by Charlie Munger

I think we have lost our way when people like the [board of] governors and the CEO of the NYSE fail to realize they have a duty to the rest of us to act as exemplars... You do not want your first-grade school teacher to be fornicating on the floor or drinking booze in the classroom; similarly you do not want your stock exchange to be setting the wrong moral example.
I've failed a million times on stage. I've listened to notes that I knew weren't right. I've pitched ideas and let other people change them, knowing that it was the wrong choice. The question you have to ask yourself is: How do you want to fail? Do you want to fail in a way that feels like it respects your tastes and value system?
My mother taught me to read before I went to school, so I was pretty bored in school, and I turned into a little terror. You should have seen us in third grade. We basically destroyed our teacher. We would let snakes loose in the classroom and explode bombs.
The Sunday School teacher talked too much in the way our grade school teacher used to when she told us about George Washington. Pleasant, pretty stories, but not true.
Parents teach in the toughest school in the world - The School for Making People. You are the board of education, the principal, the classroom teacher, and the janitor.
They'll try to apply the rules of the day to the game, where you can't touch your board with your hands, or you can't step off your board, etc and I want nothing to do with it. It's like a game from a different planet or something and it's hard for me to relate to anybody who would think of skateboarding in such a narrow way.
The first day back to school, you never want to wear your best outfit. You're setting the bar too high for yourself! Then the rest of the school year, you'll feel so much pressure! Wear something cute, but save your best outfit for a day when no one expects it.
I remember when I was in third grade, I was in a classroom, and the teacher said, 'What do you want to do when you get older?' We were going around the room. I said, 'I want to be a professional basketball player.' She's like, 'That's not realistic.' I thought to myself, 'OK, watch.'
On the first day of school, you got to be real careful where you sit. You walk into the classroom and just plunk your stuff down on any old desk, and the next thing you know the teacher is saying, 'I hope you all like where you're sitting, because these are your permanent seats.'
I think parenthood is a wonderful balancing act. On the one hand, you want to spend as much time with your children as possible. On the other hand, you want to set an example for them to see that you're fulfilled in your life and in your work.
When you realize you want to invest the rest of your lifestyle with somebody, you want the rest of your life to commence as quickly as achievable.
For an act to be moral the intention must be based on compassion, not duty. We do something because we want to do it, because we feel we have to do it, not because we ought to do it. And even if our efforts fail - or we never even get to implement them - we are still moral because our motivation was based on compassion.
During the whole funding process they said, 'We're interested in you guys because of your management team; we think you're fantastic...' Two weeks later they pull me into the office - before even the first board meeting - and say, 'We want to replace you as CEO.'
Do not let the empty cup be your first teacher of the blessings you had when it was full. Do not let a bard place here and there in the bed destroy your rest. Seek, as a plain duty, to cultivate a buoyant, joyous sense of the crowded kindnesses of God in your daily life.
Not caring what people think about you is so much easier said than done and I think that it's easy to be in school and kind of compare yourself to everybody else, you might think that you're weird because some people don't like you or because you just dont feel like you belong in your own skin in your school and I think that it's important to realize that there's absolutely nothing wrong with you you're worth so much. As time progresses you'll see that and you have to learn to love yourself and accept yourself because its your skin
A perfect man would never act from a sense of duty; he’d always want the right thing more than the wrong one. Duty is only a substitute for love (of God and of other people) like a crutch which is a substitute for a leg. Most of us need the crutch at times; but of course it is idiotic to use the crutch when our own legs (our own loves, tastes, habits etc.) can do the journey on their own.
And I want every one of you, every one of us, 100 senators to look in that camera, and you tell your people back home what you think. Don't hide anymore; none of us. That is the essence of our responsibility. And if we're not willing to do it, we're not worthy to be seated right here. We fail our country. If we don't debate this, if we don't debate this, we are not worthy of our country. We fail our country.
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