A Quote by Charlie Munger

Failure to handle psychological denial is a common way for people to go broke: you have made an enormous commitment to something. You have poured effort and money in. And the more you put in, the more that the whole consistency principle makes you think, "Now it has to work. If I put in just a little more, then it will work."
There’s no way that you can live an adequate life without many mistakes. In fact, one trick in life is to get so you can handle mistakes. Failure to handle psychological denial is a common way for people to go broke.
You must always work not just within but below your means. If you can handle three elements, handle only two. If you can handle ten, then handle only five. In that way the ones you do handle, you handle with more ease, more mastery, and you create a feeling of strength in reserve.
Tennis can be a very frustrating sport. There is no way around the hard work. Embrace it. You have to put in the hours because there is always something you can improve. [Y]ou have to put in a lot of sacrifice and effort for sometimes little reward but you have to know that, if you put in the right effort, the reward will come.
Sometimes I will portray the more normal-looking people as the monsters and then the more distorted - "uniquely formed" is the word I like to use, rather than monstrous - as the sympathetic characters in the painting. It's interesting because some people will get it right away, but a common reaction is to be a little off-put by it. And that is the whole idea. If it grabs somebody in a negative way, that's my intention.
As much as I love acting and I hope to be doing it for a long time, it almost feels more natural for me to be a producer. I came into all of this because I'm a fan of movies and I wanted to find any way I could to be a part of it all. I happened to take the acting route but it could have been a million different ways in. Now that I'm producing it's just really fun for me to work with people that I really admire and put people together who I think will work well together. Just having a little more control.
Whatever you can handle, it's up to you. Pick something where you are going to do it to failure--in other words, where you can hardly do it. That's the key. So many people will just take five pound weights and do something 10 times. What are they getting out of it? Nothing! Say you are going to build up your bank account. If you put in a penny a day, it's going take a long while. It's the same with exercise--the more you put into it the more you take out.
Maybe you think you’ll be entitled to more happiness later by forgoing all of it now, but it doesn’t work that way. Happiness takes as much practice as unhappiness does. It’s by living that you live more. By waiting you wait more. Every waiting day makes your life a little less. Every lonely day makes you a little smaller. Every day you put off your life makes you less capable of living it.
If l give you the right conditions to work, and I put you in a beautiful place, where you feel a little bit better about yourself because you know your work is being used for something greater than producing a profit, maybe you will get more creative, maybe you will want to work more.
If I give you the right conditions to work, and I put you in a beautiful place, where you feel a little bit better about yourself because you know your work is being used for something greater than producing a profit, maybe you will get more creative; maybe you will want to work more.
I think what Secretary Ash Carter is seeing, and I'm glad he is, is that we got to get NATO back working for the common defense. We've got to do more to support our partners in NATO, and we have to send a very clear message to Putin that this kind of belligerence, that this kind of testing of boundaries will have to be responded to. The best way to do that is to put more armor in, put more money from the Europeans in so they're actually contributing more to their own defense.
The more work you put in, and the more you constantly and consistently give good performances against good opponents and constantly exceed people's expectations, the more you really endear yourself to the crowd. That's how your career takes off - it's just consistency and time.
And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
I never thought we would rise to the height where the salaries are today. The rules have changed an awful lot. That benefits the public. Let's put it this way. It makes the game a little more exciting is what I think players were trying to work for because there would be more scoring in the games.
Every now and then go away, have a little relaxation, for when you come back to your work your judgment will be surer. Go some distance away because then the work appears smaller and more of it can be taken in at a glance and a lack of harmony and proportion is more readily seen.
The line between failure and success is so fine that we are often on the line and do not know it. How many a person has thrown up his or her hands at a time when a little more effort, a little more patience, would have achieved success. A little more persistence, a little more effort, and what seemed hopeless failure may turn to glorious success.
I was always interested in music, I felt it was time to do it, coming out of the punk scene [1979]. I thought it was ideal that anyone could just put together a group and make it work. Then, of course, it became a little more detailed after starting it and realizing that it was something serious, not just a one-off situation. I had to put a lot more into it. Also I did it to get a lot of things out of my system, things that had been put there while I was growing up in my family. A sort of exorcizing of demons.
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