A Quote by Charlie Munger

I won’t bet $100 against house odds between now and the grave. — © Charlie Munger
I won’t bet $100 against house odds between now and the grave.
Bet you ten bucks we make it." What are the odds? she thought, and realized with sudden, blinding clarity that she wouldn't take the other side of that bet, that only a loser would bet against them. This is really it, she thought, amazed. This is really forever. I believe in this. "Min?" he said, and she kissed him, putting all her heart into it. "No bet," she said against his mouth. "Your odds are too good." "Our odds are too good
Anytime you make a bet with the best of it, where the odds are in your favor, you have earned something on that bet, whether you actually win or lose the bet. By the same token when you make a bet with the worst of it, where the odds are not in your favor, you have lost something, whether you actually win or lose the bet.
You should never bet against anything in science at odds of more than about 1012 to 1.
You should never bet against anything in science at odds of more than about 10-12 to 1.
The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.
Never mind the odds against you. If you doubled your effort, what would the odds against you do — send for reinforcements?
Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.
There is no risk factor at all, the odds don't matter at all, because the odds of Law of Attraction are 100%.
There have always been women who were successful against the odds. Now we need to change the odds so more women can be successful.
For those not so taken by the star power, this new 'Ocean's Eleven' is the equivalent of a domineering team you can't stand that enters the Super Bowl. Even if you don't like the players, the odds are so good that it's tough to bet against them.
People have to recognize that it’s going to take some time for trust to be built not only between Democrats and Republicans, between Congress and the White House, between the House and the Senate. You know, we’ve had a dysfunctional political system for a while now.
The odds against an adoptee ending up as the child of the President of the United States are staggering. But then, so are the odds against a movie star becoming president
The odds against an adoptee ending up as the child of the President of the United States are staggering. But then, so are the odds against a movie star becoming president.
Josh, my question to you is why you ran against a Republican and spent $100,000, wasted $100,000, that could have been spent on the west side of the state getting us a majority in the House of Representatives, especially since, at least in two of those swing districts we probably could win with that $100,00
Behind him Kaldar nudged Urow's youngest son. "Bet you he lasts at least thirty seconds." "Um..." Gaston looked at him. "No he won't." "Bet me something." "I don't have anything." Kaldar grimaced. "Pick up that rock." Gaston swiped the rock off the ground. "Now you have a rock. I bet this five bucks against your rock." Gaston grinned. "Deal.
There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.
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