A Quote by Charlie Munger

Understanding how to be a good investor makes you a better business manager and vice versa. — © Charlie Munger
Understanding how to be a good investor makes you a better business manager and vice versa.
Reporting makes you a better anchor and vice versa.
Quebec's distinct character makes Canada an even better country, and vice versa: being in Canada makes Quebec a better place too.
The job of a manager is to support his or her staff, not vice versa, and that begins by being among them.
I think being an actor makes me a better writer and vice versa. I know the kinds of roles I would kill to play, and I try to create them for others.
I think Buffett is a better investor than me because he has a better eye toward what makes a great business. And when I find a great business I'm happy to buy it and hold it. Most businesses don't look so great to me.
Maintain a good balance. A personal life adds dimensions to your professional life and vice versa. It helps nurture creativity through a deeper understanding of yourself.
Other than basketball, I just come to KG for advice on life, just understanding how business works and understanding how I can be a better leader and also be a better human being.
Without better economic opportunity, you can't have better public security and vice versa.
I think when people say Madrid are playing well and Barca are not and vice-versa, or when one wins the Champions League, it's better than the other, I don't think that makes sense. Everyone takes their own path.
I found an approach to investing that made enormous sense to me: rigorously analyzing a company's fundamentals, understanding exactly how it makes money, developing a view on the business's future prospects, and deciding if it's a good business.
If you want to succeed in business in any capacity - employee, manager, or owner - you must have a solid, comprehensive understanding of what business principles actually are and how they actually work.
It's better to have done because then you know what the player is going through and you understand the pressure, but then on the other hand I know a lot of people that were good players but not good coaches, and vice versa.
To me, a spouse should be a life partner AND a business partner. Just like any good partner, her strengths must make up for my weaknesses and vice versa.
I don't have any interest in being a chef without being on the business side of things, or vice versa, because if you don't make money at the end of the month, you're going out of business.
I am better at my job for being a mother and vice versa.
Here’s how to know if you have the makeup to be an investor. How would you handle the following situation? Let’s say you own a Procter & Gamble in your portfolio and the stock price goes down by half. Do you like it better? If it falls in half, do you reinvest dividends? Do you take cash out of savings to buy more? If you have the confidence to do that, then you’re an investor. If you don’t, you’re not an investor, you’re a speculator, and you shouldn’t be in the stock market in the first place.
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