A Quote by Charlie Munger

People like the robber barons assumed that the doctrine of the survival of the fittest authenticated them as deserving power. You know, "I'm the richest. Therefore, I'm the best. God's in his heaven, etc." And that reaction of the robber barons was so irritating to people that it made it unfashionable to think of an economy as an ecosystem. But the truth is that it is a lot like an ecosystem. And you get many of the same results.
Modern Darwinism makes it abundantly clear that many less ruthless traits, some not always admired by robber barons and Fuhrers - altruism, general intelligence, compassion - may be the key to survival.
I don't mean to be presumptuous, but I liken myself to the robber barons.
It may be better to live under robber barons than under omnipotent moral busybodies.
I’ve always liked to read about extremely wealthy people, especially when they are crazy (like Howard Hughes or Caligula.) While writing this book I did a lot of fun research on robber barons like Rockefeller and Morgan. But the most helpful stuff came from studying royal families and mad emperors. The best book I read was probably A King’s Own Story, which is the memoir of Edward VIII. Also, anything about Ivan the Terrible or Ted Turner.
Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.
In the time of the robber barons, my great grandfather insisted on reinvesting and sharing profits with workers... He was told he was a socialist, that he was not welcome on Wall Street.
I can live with the robber barons, but how do you live with these pathological radicals?
The latter-day robber barons are discovering that better conditions and rewards for workers pay off in a world where consumers increasingly demand ethical standards.
My dad was a labour lawyer, and the ideas that I grew up with - bad management, bad capitalism, robber barons - when I applied this to my own life, I saw that we are all on both sides of the coin.
We're now seeing levels of inequality raise their heads that we haven't seen since the age of the robber barons. If somebody watched The Deuce, and understood the allegory about capital and labor, and understands what happens when one side is vulnerable to the other, that would be swell.
It's a real enigma why people are so averse to real free market capitalism even now. Here we are, in the century that has seen Lenin, Stalin, Mao, Hitler, Castro, Pol Pot-and we're still being warned against the 'robber barons' of the 19th century. I don't know that Jay Gould or John D. Rockefeller ever killed anyone. The State has killed countless people, and yet we're always supposed to remain on guard against these 'greedy villains' of yesteryear.
When John Kennedy attempted to take the government back from the back from the robber barons, he was brutally murdered. The message to future US president and leaders across the world was clear: do as you're told, or die. John Fitzgerald Kennedy was the last true president of the United States. And until the globalists are removed from power, we will never have another real one.
I train like I'm training for the Olympics or for a Mr. America contest, the way I've always trained my whole life. You see, life is a battlefield. Life is survival of the fittest... How many healthy people do you know? How many happy people do you know? Think about it. People work at dying, they don't work at living. My workout is my obligation to life. It's my tranquilizer. It's part of the way I tell the truth--and telling the truth is what's kept me going all these years.
Our whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.
An ignorant person with a bad character is like an unarmed robber, but a learned person with a blog is a robber fully armed.
An ignorant person with a bad character is like an unarmed robber, but a learned person with a blog is a robber fully armed
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