A Quote by Charlie Munger
I think you'll make more money in the end with good ethics than bad. Even though there are some people who do very well, like Marc Rich-who plainly has never had any decent ethics, or seldom anyway. But in the end, Warren Buffett has done better than Marc Rich-in money-not just in reputation.
Quote Topics
Quote Author
Related Quotes
I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics than bad.
The great question for our time is, how to make sure that the continuing scientific revolution brings benefits to everybody rather than widening the gap between rich and poor. To lift up poor countries, and poor people in rich countries, from poverty, to give them a chance of a decent life, technology is not enough. Technology must be guided and driven by ethics if it is to do more than provide new toys for the rich.
Sir, money, money, the most charming of all things; money, which will say more in one moment than the most elegant lover can in years. Perhaps you will say a man is not young; I answer he is rich. He is not genteel, handsome, witty, brave, good-humored, but he is rich, rich, rich, rich, rich -that one word contradicts everything you can say against him.
If you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit.
We came from where people don't look like they have money anyway. We came up in an era where the dudes who had all of the money looked regular, the same way you see billionaires in some run down shoes or old jeans. You see how Warren Buffett, Bill Gates and those dudes dress. Even in our era, the dudes with the money weren't flashy.
What I think is dreadful about art is the way it's related to the money afterward. Not when you do it... But after that, it's like 5,000 rich people have access to it. A movie, even though it can be a bad movie or a good movie, it is more democratic. The people who buy my films, the people who buy my installations it's sometimes a foundation or a museum. When it's a foundation, it's related to very, very, very rich people - who are your enemies! Your enemies are feeding you. But you're not meeting them. So it's a very strange thing.
Marc by Marc Jacobs was my favorite. The stage was so big, and there were so many people there. I had very bad vision during the show because I forgot to put in my contacts, but I didn't fall or anything.
Being rich isn't about money. Being rich is a state of mind. Some of us, no matter how much money we have, will never be free enough to take time to stop and eat the heart of the watermelon. And some of us will be rich without ever being more than a paycheck ahead of the game.
One just spends as much money as one has. Very peculiar that! You never actually have any money. You think, If I had this much money ten years ago, I would have thought I was amazingly rich, but I still manage to spend it all and not have any left.
The reason that most British actors are better than most American actors in the end is that they don't make any money. At the very end of their lives, they get into a space movie and they make a lot of money, but until that happens, basically, they don't have bank accounts. They live from day to day.
I always want to say to people who want to be rich and famous: 'try being rich first'. See if that doesn't cover most of it. There's not much downside to being rich, other than paying taxes and having your relatives ask you for money. But when you become famous, you end up with a 24-hour job.
There are more important things than money. If I were motivated by money, I could have sold these documents to any number of countries and
gotten very rich.
It's better to be born lucky than rich. If you're rich, you may lose your money, but if you're born lucky, you will always have more money.
I don't understand why very, very rich people want to have even more money than they've already got.
Business skills, when well applied, can do more than just make money. They can potentially make money and do some real good, which is immensely satisfying. To do that, it's important to think outside the box, take risks, and be an entrepreneur.
No matter how much money we have or make, we will probably never consider ourselves rich. The biggest challenge facing rich people is that they've lost they're ability to recognize that they're rich.
Related Authors
Bill Gates Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Elon Musk Quotes
South African
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman