A Quote by Charlie Munger

The definition of hell in the legal system is: endless due process and no justice; (in the corporate world) it would be: endless due diligence and no horse sense. — © Charlie Munger
The definition of hell in the legal system is: endless due process and no justice; (in the corporate world) it would be: endless due diligence and no horse sense.
In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell.
The Buddhist mind is more complicated than the Christian mind. It comes up with endless heavens, endless hells, endless earths, and then we have something lower than hell. We have endless sub-realms that make hell look like Club Med and we have endless nirvana.
Everyone knows that due process means judicial process, and when John Brennan brings him a list of people to be killed this particular week, that's not due process. That's certainly not judicial process. So there's the fifth amendment. Not even George Bush claimed the right to kill American citizens without due process.
Part of any acquisition process is what's loosely called 'due diligence.' Taking both technical and legal forms, it's the snooping around an acquiring company does to make sure it's actually getting what it thinks it is.
If honesty was like water that people couldn't live without it, the world which became heavier due to the endless lies would be just light like a feather!
In this life and death case, I felt Mrs. Schiavo should receive the fullest due process from our legal system.
The central pillar of our justice system is due process. You have got to be charged with a crime. Then you can challenge those charges in a court of law with a trial.
I have never stuck up for any criminal. I have merely asked for the orderly administration of an impartial justice...Due legal process is my own safeguard against being convicted unjustly. To my mind, that's government. That's law and order.
Justice is rather the activity of truth, than a virtue in itself. Truth tells us what is due to others, and justice renders that due. Injustice is acting a lie.
It is due to justice; due to humanity; due to truth; due to the sympathies of our nature; in fine, to our character as a people, both abroad and at home, that they should be considered, as much as possible, in the light of human beings, and not as mere property. As such, they are acted on by our laws, and have an interest in our laws. They may be considered as making a part, though a degraded part, of the families to which they belong.
Children and barbarians have clear ideas of justice due to them, but no idea at all of justice due from them.
The universe is endless. Enlightenment is endless. You have only touched the outer periphery of the endless still center of perfect being.
Two infinities: the one that stretches to the beginning but never touches-when you halve and halve and halve, infinitely-and then the one that spreads out into the endless, endless future, the endless, endless, distance.The set of infinities that is itself infinite.
Some have argued that the President is required to get permission from a federal court before taking action against a United States citizen who is a senior operational leader of al Qaeda or associated forces. This is simply not accurate. 'Due process' and 'judicial process' are not one and the same, particularly when it comes to national security. The Constitution guarantees due process, not judicial process.
Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
I would ruin my credibility if I put my stamp of approval of anything I didn't do my due diligence on.
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