A Quote by Charlie Munger
I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it.
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I don't think I underestimated [Vladimir Putin], but I think that I underestimated the degree to which, in this new information age, it is possible for misinformation for cyber hacking and so forth to have an impact on our open societies, our open systems, to insinuate themselves into our democratic practices in ways that I think are accelerating.
Do you know what the largest single cause of death in South Africa is? The largest single cause of death is what in the medical statistics is called external causes and that is violence in the society. For instance I've seen figures that say that if you take the male age cohort from16 to 45 years, 54% of the people who die in that age cohort die from external causes.
We've all been underestimated at times. That's life.
I think I wanted to be a storyteller because I had a very active dream life. My life was boring, and I dreamed about a life bigger than my own. I've always just been that person, from my earliest memories at age 2.
Life is a beautiful, magnificent thing, even to a jellyfish... The trouble is you won't fight. You've given in, continually dwelling on sickness and death. But there's something just as inevitable as death, and that's life. Life, life, life. Think of all the power that's in the universe, moving the earth, growing the trees. That's the same power within you if you only have courage and the will to use it.
One of the many lessons I hope I've learned is how much I underestimated people, their open-mindedness and their willingness to understand. I think, moreover, I underestimated the degree to which everyone has a story. So my advice, for whatever it's worth, is to trust readers, trust the truth and trust the power of storytelling.
The greatest power you possess in life is your understanding that life gives you a fresh start any moment you choose.
I would say that, you know, being Jewish, what has been most significant in my life is understanding what a Hitler - what horrible politics can mean to people and I think that's been one of the motivating factors in my life in fighting against racism and bigotry of all kinds because when it gets out of hand, as we have seen and we are, you know - it's obviously has unbelievable repercussions.
The Republicans underestimated and underestimated and underestimated Donald Trump. And look where that got them. They kept saying, no, no, no, that's not going to happen, we don't have to worry about that.
I have received so many letters, messages, emails, testimonies of women whom I meet in international conferences, wherever it may be, who tell me, 'It's great that you have balanced life and work so successfully.' I now think I have underestimated that, the 'role model' aspect of my life, I must say.
I think that if you have a single payer system and an opt-out for people who want to pay more [for better service, etc.], I think it would be better - and I think we'll eventually get there. It wouldn't be better at the top - [our current system] is the best in the world at the top. But the waste in the present system is awesome and we do get some very perverse incentives.
There's been no nepotism in my acting artistic life, but I think it's been pretty clear in my writing life. I knew what a pantoum was at age 11 - I knew form - therefore I would win the poetry contest. But I also realized that I would never be a great writer.
I think President [Barack] Obama deeply underestimated the force of white supremacy in American life.
Understanding comes with life. As a man grows he sees life and death, he is happy and sad, he works, plays, meets people - sometimes it takes a lifetime to acquire understanding, because in the end understanding simply means having sympathy for people.
"With my desire and drive, I definitely wasn't normal. Normal people can be happy with a regular life. I was different. I felt there was more to life than plodding through a normal existence. I'd always been impressed by stories of greatness and power. I wanted to do something special, to be recognized as the best. I saw bodybuilding as the vehicle that would take me to the top, and I put all my energy into it.
I think anything that increases your understanding of the human condition... I think age and life, if you're lucky, makes you think deeper, and the other thing it makes you realize is that you never stop learning, and you never lose your fear of getting it wrong.
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