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Quote by Charlie Munger

“As I continued through Cicero's pages, I found much more material celebrating my way of life.”

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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

“And maybe the cereal makers by and large have learned to be less crazy about fighting for market share-because if you get even one person who's hell-bent on gaining market share.... For example, if I were Kellogg and I decided that I had to have 60% of the market, I think I could take most of the profit out of cereals. I'd ruin Kellogg in the process. But I think I could do it.”

Ifs Thinking Persons Fighting Process Hell Share Crazy Example Decided Profit Ruins Makers Bent Cereal

Author:Charlie Munger

“Even bright people are going to have limited, really valuable insights in a very competitive world when they're fighting against other very bright, hardworking people. And it makes sense to load up on the very few good insights you have instead of pretending to know everything about everything at all times.”

People Knows World Fighting Valuable Insight All Time Make Sense Pretending Load Hardworking

Author:Charlie Munger

“A rough rule in life is that an organization foolish in one way in dealing with a complex system is all too likely to be foolish in another.”

Way Life Is Organization Complexes Foolish One Way Rough Complex Systems

Author:Charlie Munger

“I have a black belt in chutzpah. I was born with it. Some people, like some of the women I know, have a black belt in spending. They were born with that. But what they gave me was a black belt in chutzpah.”

People Knows Black Born Spending Belts Black Belt

Author:Charlie Munger

Quote by Charlie Munger

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