A Quote by Charlie Munger

Intelligent people make decisions based on opportunity costs.

Charlie Munger

Quote Topics

Based Costs Decisions Intelligent Intelligent People Make Opportunity Opportunity Cost People

Quote Author

Charlie Munger
American - Businessman
Born: January 1, 1924

As a mayor, I don't make my decisions based upon whether it is a "Democrat" issue. You make your decisions based upon the people you represent as a city to move our city forward.

Marty Walsh

People are trying to build a society where they can talk across the aisle so to speak, and have civil discourse. At the same time we're trying to inform ourselves about what's really true so that we can make evidence based decisions that is better than superstition or rumor. But the fact is that people who use evidence based decision making have much better life outcomes, greater life satisfaction, they live longer, they make better personal and medical decisions, better financial decisions. But parallel to that is you can't reason somebody out of a position they didn't reason themselves into.

Daniel Levitin

I don't know who did the hacking [through president election 2016]. The article is based on a lie that the R.N.C. was hacked. So the entire premise of the article is false. The sources are unnamed. And the report was inconclusive.The point is, though, we need to find out more facts about this situation. Then we can make intelligent decisions later, and you and I can have more intelligent conversation about what to do about it.

Reince Priebus

I am not going to make decisions based on barricades and blockades, nor am I going to make decisions based on the short-term volatility of the oil price.

Gordon Brown

I have to remind myself - I think the population of the United States has been subjected to the most sophisticated form of propaganda and mind control that any group of people has been exposed to in a very, very long time. It's difficult for people in this country to get any kind of factual information and to make intelligent decisions based on them.

Aaron McGruder

The ecological challenges we face are the result of billions of ecologically ignorant decisions made by billions of people over centuries. To address the climate crisis, we now need billions of people to make ecologically intelligent decisions.

Allen Hershkowitz

Weighing benefits against costs is the way most people make decisions - and the way most businesses make decisions, if they want to stay in business. Only in government is any benefit, however small, considered to be worth any cost, however large.

Thomas Sowell

There are studies that have shown that we make decisions, ethical and otherwise, based on the way we imagine ourselves as characters in the stories of our lives. In other words, if we imagine ourselves brave or crazy or open, we're more likely to make decisions in a given situation based on how we imagine ourselves, whatever the facts may be.

Aleksandar Hemon

There is never a specific theme or anything I have interest in. Really, I make decisions based on decisions that are made by other people and whatever is presented to me, and I do it on a first come, first serve basis, and go from there.

Colin Hanks

I don't make my decisions by P.R. I make my decisions based on what I think is right or wrong.

James L. Dolan

A woman does not have to make decisions based on the need to survive. She can cut through issues, call shots as she sees them....Many bad decisions are made by men in government because it is good for them personally to make bad public decisions.

Dianne Feinstein

If you make decisions based upon people's reactions or judgments then you make really boring choices.

Heath Ledger

Unfortunately, in life, you have to make decisions based on so many things. I love watching the Premier League, and I've always had the opportunity to go, but a better offer always got in the way.

David Villa

It's more expensive for me to make my shoes. I don't use animal-based glues or fish-based glues. So that costs me more. And, you know, like anything in life - mass marketing of anything - mass manufacturing of anything costs less.