A Quote by Charlie Munger

I do not think you can trust bankers to control themselves. They are like heroin addicts. — © Charlie Munger
I do not think you can trust bankers to control themselves. They are like heroin addicts.
It is not heroin or cocaine that makes one an addict, it is the need to escape from a harsh reality. There are more television addicts, more baseball and football addicts, more movie addicts, and certainly more alcohol addicts in this country than there are narcotics addicts.
I've been in rehabs with hardcore heroin addicts who say, 'I've kicked the heroin, but I can't let go of the tobacco.' I haven't smoked a cigarette in a long time. I like being clean now.
Then there are the addicts, the hunger addicts, the rage addicts, the poverty addicts, and power addicts, and the pure addicts who are addicted not to substances but to the oblivion and the tenderness the substances engender. An addict, if you don't mind me saying so, is like a saint. What is a saint but someone who has cut himself off, voluntarily, from the world's traffic and currency?
Frankly I'm not great with heroin addicts. I tried heroin, but it was by accident. I'm not great with that level of substance abuse.
The word detox does not appear in the main textbook on cancer or the main medical textbook...the word in medicine refers to heroin addicts and getting them off heroin...they do not conceive that their are such things as toxins created by a tumour...where do they think it all goes?
The way we're currently educating people about heroin is to say that heroin is so awful. Heroin is not so much the problem. It's when you combine it. It's hard to die from heroin alone.
Historians are to nationalism what poppy-growers in Pakistan are to heroin-addicts: we supply the essential raw material for the market.
We are all addicts in various stages of degradation where I live on the Upper West Side, some to heroin, some to small dogs, and some to the New York Times. The heroin is cut, the dogs are paranoid, and the Times cheats by skimping on the West Coast ball scores. No matter, each of us goes upon the street solely in pursuit of his own particular curse.
For me, I never knew what addiction was. I just knew my heroes, like [New York Dolls guitarist] Johnny Thunders, did heroin. I didn't have a father, it looked good to me. If I had read Johnny Thunders' book The Heroin Diaries, I don't think I would have done heroin.
Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they're fine fellows and don't need to explain themselves.
As much as I'd like to pretend that I'm not performing, I think any actor sometimes has themselves outside of themselves and is trying to direct themselves and control what you're seeing and thinking.
However, when given the chance, many people choose cocaine over love. I wouldn’t say that’s a bad choice. The endorphins released during infatuation are similar to heroin. OxyContin, “the cuddling hormone,” most often found in new mothers and newlyweds, is like ecstasy; every touch tingles. I think I read that somewhere. Love exists in powder. Love exists in pills. We are all addicts.
Kurt Cobain OD'd on heroin before committing suicide, but he also OD'd on fame. Cobain was like Basquiat: They both wanted to be famous, and were brilliant enough to make it happen. But then what? Drug addicts kill themselves trying to get that feeling they got from their first high, looking for an experience they'll never get again. In his suicide note, Cobain asked himself, "Why don't you just enjoy it?" and then answered, "I don't know!" It's amazing how much of a mindfuck success can be.
Bankers themselves govern the Fed to some extent, and then there's the classic revolving door where Fed officials come from and then go back to the financial sector. Fed officials tend to believe that the institution should have a large measure of independence from democratic control, even though in law it is under the ostensible control of Congress.
I think 12-step programs really work, rehab really works, certain types of therapies and talking to other addicts really work. There are a lot of things that work - that isn't the problem. The problem is getting the addicts to say they're addicts. The problem is admitting it.
What you are inferring is, If we were to legalise heroin tomorrow everybody would use heroin. How many people here would start using heroin? I bet nobody would. Oh yeah, I need the government to take care of me. I don't want to use heroin, so I need these laws.
This site uses cookies to ensure you get the best experience. More info...
Got it!