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Charlie Munger Quotes

Browse 6 quotes about Charlie Munger.

Charlie Munger Quotes

“Warren Buffett is one of the best learning machines on this earth. The turtles which outrun the hares are learning machines. If you stop learning in this world, the world rushes right by you.”

Learning Habits Turtles Hares Warren Buffet Tortoise Charlie Munger 13 Habits

Book:13 Habits.com The tale of Tortoise Buffett and Trader Hare: Inspired by Warren Buffett

Source: 13 Habits.com The tale of Tortoise Buffett and Trader Hare: Inspired by Warren Buffett

“On the Ideal Business - Buffett: “Something that costs a penny, sells for a dollar and is habit forming.”

Value Investing Warren Buffett Charlie Munger Berkshire Hathaway

Book:University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

Source: University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

“The danger of relying on historical statistics or formulas is that you end up betting on a 14-year-old horse with a great record but is now ready for the glue factory.”

Value Investing Warren Buffett Charlie Munger Berkshire Hathaway

Book:University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

Source: University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

“Buffett also noted that book value is seldom meaningful in analyzing the value of a business. Book value simply records what was put into the business. The key to calculating value is determining what will come out of the business.”

Value Investing Warren Buffett Charlie Munger Berkshire Hathaway

Book:University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

Source: University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

“Buffett gave two criteria for evaluating the performance of management: 1) How well do they run the business? and 2) How well do they treat the owners?”

Value Investing Warren Buffett Charlie Munger Berkshire Hathaway

Book:University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

Source: University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

“If you are going to be a lifelong buyer of food, you welcome falling prices and deplore price increases. So should it be with investments.”

Value Investing Warren Buffett Charlie Munger Berkshire Hathaway

Book:University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

Source: University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting