A Quote by Charlie Munger

It's not the bad ideas that do you in, but the good ones. — © Charlie Munger
It's not the bad ideas that do you in, but the good ones.
The answer to the question "where do good ideas come from" is always the same, the come from bad ideas. If you come up with 20 bad ideas you get one good one.
You have to have a lot of ideas. First, if you want to make discoveries, it's a good thing to have good ideas. And second, you have to have a sort of sixth sense-the result of judgment and experience-which ideas are worth following up. I seem to have the first thing, a lot of ideas, and I also seem to have good judgment as to which are the bad ideas that I should just ignore, and the good ones, that I'd better follow up.
A lot of good ideas are actually bad ideas because, since they sound good, everybody's already doing them.
When it comes to partisan politics, everyone is a hypocrite. And all they care about is whether it hurts or helps them ... Is it good or bad for the Democrats? Is it good or bad for the Republicans? Is it good or bad for Jews, or good or bad for blacks, or is it good or bad for women? Is it good or bad for men? Is it good or bad for gays? That's the way people think about issues today. There is very little discussion of enduring principles.
We say in a democracy that good ideas will drive out bad ones, so if the good ones aren't there, we're left with the bad ones
If two parties with two sets of bad ideas cooperate, the result is not good policy, but policy that is extremely bad. What we really need are correct economic and politcal ideas, regardless of the party that pushes them.
You see a lot of good ideas or well-written scripts that are bad ideas.
All good ideas start out as bad ideas, that's why it takes so long.
Good ideas come from bad ideas, but only if there are enough of them.
There is no evil, there's no bad; there's no good. These are human ideas. There's no creator, there's no creation; there's no God, there's no nirvana, there's no perfection. These are ideas.
There's no such thing as good ideas and bad ideas. There are only your own ideas and other people's. If you want someone to like your idea, tell him he said it first last week and you just remembered it.
Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
The left is really good at selling bad ideas and the right is really bad at selling good ideas.
Virtually all bad ideas come from universities, bad ideas that only survive when insulated from reality.
If you hear a good idea, capture it; write it down. Don't trust your memory. Then on a cold wintry evening, go back through your journal, the ideas that changed your life, the ideas that saved your marriage, the ideas that bailed you out of bankruptcy, the ideas that helped you become successful, the ideas that made you millions. What a good review-going back over the collection of ideas that you gathered over the years. So be a collector of good ideas for your business, for your relationships, for your future.
[David Harker asked: Dr Pauling, how do you have so many good ideas?] Well David, I have a lot of ideas and throw away the bad ones.
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