A Quote by Charlie Munger

We have found in a long life that one competitor is frequently enough to ruin a business. — © Charlie Munger
We have found in a long life that one competitor is frequently enough to ruin a business.
Life is short, but it's long enough to ruin any man who wants to be ruined.
The game Flights of Fancy or Reverse Strip Jump is played from as high a jumping-point as a competitor will dare. After each successful jump, the competitor is allowing to put on an article of clothing. Thirteen jumps is normally more than enough to see a competitor fully dressed for the day.
Once you've been around this business long enough, anything is a possibility. It's a business first and foremost. Guys play it because they love it, but it is a business, and if you don't understand that it's a business, you're lying to yourself.
Prescription for Life-long Happiness: Purpose enough for satisfaction; Work enough for sustenance; Sanity enough to know when to play and rest; Wealth enough for basic needs; Affection enough to like many and love a few; Self-respect enough to love yourself; Charity enough to give to others in need; Courage enough to face difficulties; Creativity enough to solve problems; Humor enough to laugh at will; Hope enough to expect an interesting tomorrow; Gratitude enough to appreciate what you have; Health enough to enjoy life for all its worth.
Some questions will ruin you if you are denied the answer long enough.
A politician who enters public life may as well face the fact that the best way of not being found out is not to do anything which, if found out, will cause his ruin.
Daniel Bryan, as a person, I think he is a good guy; I don't know him on a personal note well enough to say anything bad about him. As a competitor, he is a die-hard competitor. He is going to bring everything into this match that he can.
Strive for perfection - never be content with mediocrity. You don't win until you conquer the little flaws. You don't beat these great ones until your form is perfect. This is true in all of life. A flaw in a product can ruin a business. A personal failing, a little one, can ruin a person's life. Don't be content with mediocrity - strive to live up to the greatest within you.
Frequently, the difference between success and failure is the resolve to stick to your plan long enough to win.
Starting a business is like riding a wave between life and death. If you can hang on long enough, you're bound to succeed
I don't have time' is the single most frequently given reason for living fractional, perpetually indentured lives, for not living fully or freely. Because time is life, when we say we don't have enough time, we are admitting that we don't have enough life.
Individual and institutional investors alike frequently demonstrate an inability to make long-term investment decisions based on business fundamentals.
For me, I'm smart enough and have been around the business long enough to know you don't really retire.
I frequently meet ex-pupils who seem to think I didn't totally ruin their educations, so that's something.
To play well you have to have good balance in your life. Tiger has found that. If you play golf long enough you'll learn that life is more than golf.
Determination is frequently found in failure, but it is never found in defeat.
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