A Quote by Charlie Munger
The average result has to be the average result. By definition, everybody can't beat the market. As I always say, the iron rule of life is that only 20% of the people can be in the top fifth. That's just the way it is.
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I've always said when I broke in I was an average player. I had an average arm, average speed and definitely an average bat. I am still average in all of those.
Knowledge above the average can be crammed into the average man, but it remains dead, and in the last analysis sterile knowledge. The result is a man who may be a living dictionary but nevertheless falls down miserably in all special situations and decisive moments in life.
A word is used "correctly" when the average hearer will be affected by it in the way intended. This is a psychological, not a literary, definition of "correctness". The literary definition would substitute, for the average hearer, a person of high education living a long time ago; the purpose of this definition is to make it difficult to speak or write correctly.
Making an average pitch to average people, or having an average gala for average people isn't going to scale anymore. You've got to find the people who care. Those people are worth all of your time.
Law is a process. If there is equality of process for everybody, then that's our definition of justice. Whether or not what is done is right or wrong, you follow the process. And so, the end result is just by definition within that alternative universe that is American law. Most people still operate within a moral universe where principles of good and bad and what is right and wrong in itself, and not just as a result of the process.
Unions are the result of profit seekers. Unions are the way the average guy gets even with evil corporateers. The unions are godsends. The unions have a special status, because they represent the rising up of the average man against the evil corporateers and profiteers.
If you meditate, meditation is so beautiful, who bothers about the result? And if you bother about the result, meditation is not possible. This result oriented mind is the only barrier, the only block. There are not many blocks, the only block is that of the result oriented mind: never here-now, always somewhere else thinking of the result; while making love, thinking about the result.
One of the things I say is I don't think any of us should be average. Everybody's got a gift. The chance of finding your gift and then sharing it. There's just no room in this world to be average, you need to be the best you can be.
There's a rule in acting called, 'Don't play the result.' If you have a character who's going to end up in a certain place, don't play that until you get there. Play each scene and each beat as it comes. And that's what you do in life: You don't play the result.
Average is a failing plan! Average doesn't work in any area of life. Anything that you give only average amounts of attention to will start to subside and will eventually cease to exist.
Your earning ability is largely determined by the perception of excellence, quality, and value that others have of you and what you do. The market only pays excellent rewards for excellent performance. It pays average rewards for average performance, and it pays below average rewards or unemployment for below average performance.
The economic system that the United States has is an evil empire. It's an economic system that's not fair, not just, and it's not democratic. And it will fall just like communism fell. The richest 1 percent now own 50 percent of the wealth. It didn't use to be that way. The average CEO 20 years ago made 20 times as much as the average employee. Now they make 212 times as much.
I don't particularly like the word average because when it comes down to it there is no average in people. Everybody has their own streak of uniqueness within them.
I want to be the kind of elected official who not only pays attention but who acts on behalf of people - just average people. Fancy lobbyists get to tell their story, but the average person doesn't.
Money is a result, wealth is a result, health is a result, illness is a result, your weight is a result. We live in a world of cause and effect.
'Is that really the best you can say? An average-looking boy? An awful lot of boys are average-looking, S.Q.!' And poor S.Q., he just kept arguing that 'this boy was especially average-looking.' " ~ Kate Wetherall, The Mysterious Benedict Society
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