A Quote by Charlie Munger

One could imagine a period like Japan13 years ago, however, in which indexing over time wouldn't work. — © Charlie Munger
One could imagine a period like Japan13 years ago, however, in which indexing over time wouldn't work.
There's a lot of guys that are able to perform for a short period of time. It could be a week, it could be a month, it could be two months, it could be one season. It's doing it over and over. And being consistent was something that watching Patrick Roy all these years, that's what he was. He never had down years.
Whenever I go on holiday, I like to time travel and imagine what it must have been like 500 years ago. I love the Tuscan landscape, which is reminiscent of a Claude Lorrain painting.
The suburban cycle which began a hundred years ago is nearly over. We are in for a period of contraction and economic hardship.
You do a movie. However long it lasts, it begins and it ends in a relatively short period of time. In a given period of time, let's say a year, you can have three, four, or five different experiences which is exciting.
How has the world of the child changed in the last 150 years?" The answer is. "It's hard to imagine any way in which it hasn't changed.They're immersed in all kinds of stuff that was unheard of 150 years ago, and yet if you look at schools today versus 100 years ago, they are more similar than dissimilar.
My favorite leather jacket I got for 40 bucks at the Fairfax Flea Market, like, eight years ago. Leather just gets better over time. There's something about a jacket that you have over years and years - just fits like a glove.
Actually criminal sanctions that are given could be up to five years for violating the rules and regulations under the campaign finance reform. This is like the Alien and Sedition Act of years and years ago, decades ago.
I've been extremely lucky to work with Elmer Bernstein, Howard Shore over the years, but I've always imagined films with my own scores, because I don't come from that world or that period of filmmaking. And so how could I make up my own score on a film like this where it isn't necessarily made up of popular music from the radio or the period; it isn't necessarily classical music. But what if it's modern symphonic music?
I'm more hungry now than I was 11 years ago. Which is great because I see a lot of artists that have been out for a long period of time. They get kind of fat.
For 'Astitva,' I needed actors who were good and committed and could portray the character's growth over a period of time - from 21 to 47 years.
I was in business for 30 years, and my experience is that the best way to operate is to work fairly and closely with partners over a long period of time.
Let me just say you could end this violence within a very short period of time, have a complete ceasefire - which Iran could control, which Russia could control, which Syria could control, and which we and our coalition friends could control - if one man would merely make it known to the world that he doesn't have to be part of the long-term future; he'll help manage Syria out of this mess and then go off into the sunset, as most people do after a period of public life. If he were to do that, then you could stop the violence and quickly move to management.
I spent a long time on my first movie, which was the sequel to a short film that I did called 'Carne.' And I had no money. I shot it over a period of three years, a bit like David Lynch directed 'Eraserhead.'
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn't work. And that is a very good thing. The fact that our value approach doesn't work over periods of time is precisely the reason why it continues to work over the long term.
25 years ago, when I started in New York, I had the pleasure to cook for Andy Warhol. At the time, I could have traded art for food - I should have done so, because I could get his work for nothing!
Songs really are like a form of time travel because they really have moved forward in a bubble. Everyone who's connected with it, the studio's gone, the musicians are gone, and the only thing that's left is this recording which was only about a three-minute period maybe 70 years ago.
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