A Quote by Charlie Munger

We’re partial to putting out large amounts of money where we won’t have to make another decision. — © Charlie Munger
We’re partial to putting out large amounts of money where we won’t have to make another decision.
If I give five flops, I won't get a job. You have to perform at the box office when you are at the top. No one is running a charity here. People are putting huge amounts of money to make movies, and they want the films to be successful. They have invested money in you, so it is your duty to make sure the film does well.
The ability to make a decision is another characteristic of a winner in money matters. I have found over and over again that those who succeed in making large sums of money reach decisions very promptly and change them, if at all, very slowly. I have also found that people who fail to make money reach decisions very slowly, if at all, and change them frequently and quickly.
As quickly as you start spending federal money in large amounts, it looks like free money.
Grains and beans are negative aspects of the Mediterranean Diet that are countered by the large amounts of olive-oil polyphenols, large amounts of red-wine polyphenols, and fish.
I've turned down shows offering large amounts of money.
I could have closed down bits of British Home Stores to make more money but it's not my style. I want to make my money as a retailer, not by putting people out of work.
Since my money is God's money, every spending decision I make is a spiritual decision.
I imagine like most of us that I'd like obscene amounts of money but the people I met and worked with who have those obscene amounts of money and have obscene amounts of fame have awful lives. Really. I mean hideously compromised lives.
One thing I am scared of is the unlimited amounts of dark money that Republicans have access to in terms of the Koch Brothers, Sheldon Adelson. There is a large pool of Republican mega-donors who can pump money into competitive races across America.
I imagine like most of us that I'd like obscene amounts of money but the people I met and worked with who have those obscene amounts of money and have obscene amounts of fame have awful lives. Really. I mean hideously compromised lives. And I can go anywhere. No one knows who I am.
Partial repetitions is another technique that I used -- sparingly. I was always a fan of doing full repetitions on every set. However, at the very end of a set where you cannot do any more, and especially if you don't have a training partner, the partial repetitions are good for eking out a little bit more out of the exercise.
Every single decision I make about what material I do, what I'm putting out in the world, is because of my children.
Many LBOs are man-made disasters. When the price paid is excessive, the equity portion of an LBO is really an out-of-the-money call option. Many fiduciaries placed large amounts of the capital under their stewardship into such options in 2006 and 2007.
The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes vast new amounts. Sometimes it makes lesser amounts. The money takes a variety of forms and enters the system in various ways. And the Fed does this through techniques such as open-market operations, changing reserve ratios, and manipulating interest rates, operations that all result in money creation.
The passage of the American Recovery and Reinvestment Act - or stimulus bill, as it is often called - is a perfect example in which dire circumstances necessitate immediate action. But with such large amounts of taxpayer money at stake, a hastily developed, under-thought-out plan could have been disastrous.
There are some people who get money just because they've got large families. So if it pays to make large families and earn more money than you would earn out at work, why not have more families, larger families? That's wrong.
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