Home / Quotes / Quote by Charlie Munger

Quote by Charlie Munger

“If it is wisdom you're after, you're going to spend a lot of time on your ass reading.”

Quote by Charlie Munger

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

You May Also Like

“Nothing in medical literature today communicates the idea that women's bodies are well-designed for birth. Ignorance of the capacities of women's bodies can flourish and quickly spread into the popular culture when the medical profession is unable to distinguish between ancient wisdom and superstitious belief.”

“Yeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just figuring out that if people call you and say, 'I've got this great, wonderful idea', you don't spend 10 minutes once you know in the first sentence that it isn't a great, wonderful idea...Don't be polite and go through the whole process.”

People Ifs Knows Firsts Mean Ideas Whole Process Wonderful Minutes Stupid Yeah Simplicity Sentences Nonsense Ems Polite Stupid Things

Author:Warren Buffett

“Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.”

Trying Believe Littles Policy Amount Investing Convinced Buying Worthwhile Attractiveness Lukewarm Diversification

Author:Warren Buffett

“Discount the obvious, bet on the unexpected”

Obvious Unexpected Discounts

Author:George Soros

“Wherever women gather together failure is impossible.”

Together Impossible

Author:Susan B. Anthony

“To be an investor you must be a believer in a better tomorrow.”

Tomorrow Investing Believer Investors Better Tomorrow

Book:The Intelligent Investor: A Book of Practical Counsel

Source: The Intelligent Investor: A Book of Practical Counsel

“If a community values its children, it must cherish its mothers.”

Ifs Children Mother Values Community Cherish

Author:John Bowlby

“Hold no more stocks than you can remain informed on.”

Book:Beating the Street

Source: Beating the Street

“People calculate too much and think too little.”

People Thinking Littles Too Much Investing

Author:Charlie Munger

“Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.”

Ifs Heart Happens Car Amount Accidents Driving Wheels Drivers Fewer Daggers Steering

Author:Warren Buffett