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Quote by Charlie Munger

“If you can get good at destroying your own wrong ideas, that is a great gift.”

Author

Charlie Munger, born on January 1, 1924, is a distinguished business person known for his investment philosophy and partnership with Warren Buffett at Berkshire Hathaway. He has been a significant influence in the field of finance and investing, contributing to the success of the company over the years. more

“In life and business, there are two cardinal sins, the first is to act precipitously without thought, and the second is to not act at all. Unfortunately the board of directors and top management of Times Warner already committed the first sin by merging with AOL, and we believe they are currently in the process of committing the second; now is not a time to move slowly and suffer the paralysis of inaction.”

Firsts Believe Two Moving Suffering Process Sin Directors Management Committed Boards Inaction Cardinals Paralysis Board Of Directors Merging Top Management

Author:Carl Icahn

“Im a cynic about corporate democracy and boards.”

Democracy Corporate Boards Cynic

Author:Carl Icahn

“CEOs are paid for doing a terrible job. If the system wasn't so messed up, guys like me wouldn't make this kind of money.”

Ifs Kind Jobs Guy Terrible Paid Like Me Ceo Messed Up

Author:Carl Icahn

“War is very uncertain in its results, and often when affairs look most desperate they suddenly assume a more hopeful state.”

Looks War States Results Assuming Affair Desperate Hopeful Uncertain

Author:George Meade

“I never could be a partisan leader - a man of one idea.”

Men Ideas Leader Partisans

Book:The grand old man of Maine: selected letters of Joshua Lawrence Chamberlain, 1865-1914

Source: The grand old man of Maine: selected letters of Joshua Lawrence Chamberlain, 1865-1914

“We know not of the future and cannot plan for it much.”

Knows Plans

Book:Bayonet! Forward: my Civil War reminiscences

Source: Bayonet! Forward: my Civil War reminiscences

“I desire my children to be educated south of the Mason Dixon line and always to retain right of domicile in the Confederate States.”

Children States Desire Lines South Educated My Children Masons Confederate

Author:J. E. B. Stuart

“When doing a job — any job — one must feel that he owns it, and act as though he will remain in that job forever.”

Feels Jobs Forever

Book:Economics of Defense Policy: Selected congressional testimony and speeches by Adm. H.G. Rickover, 1953-81

Source: Economics of Defense Policy: Selected congressional testimony and speeches by Adm. H.G. Rickover, 1953-81

“Optimism and stupidity are nearly synonymous.”

Stupid Optimism Stupidity

Book:Economics of Defense Policy: Adm. H.G. Rickover : Hearing Before the Joint Economic Committee, Congress of the United States, Ninety-seventh Congress, Second Session

Source: Economics of Defense Policy: Adm. H.G. Rickover : Hearing Before the Joint Economic Committee, Congress of the United States, Ninety-seventh Congress, Second Session

Quote by Charlie Munger

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