Charlie Munger

Quotes by Charlie Munger

Charlie Munger is vice chairman of Berkshire Hathaway, billionaire investor, and most importantly, Warren Buffett‘s investing sidekick.

What makes Charlie special is his deep understanding of human psychology, a strong distaste for stupidity and exploitation, and looking out for others. His wisdom is summarized in Peter D. Kaufman’s book, Poor Charlie’s Almanack.

Inspiring Quotes by Charlie Munger

“Take a simple idea and take it seriously.”

Charlie Munger

“All intelligent investing is value investing, acquiring more than you are paying for. You must value the business in order to value the stock.”

Charlie Munger

“Always take the high road, it’s far less crowded.”

Charlie Munger

“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.”

Charlie Munger

“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

Charlie Munger

“Knowing what you don’t know is more useful than being brilliant.”

Charlie Munger

“All good investing is value investing. It’s just that some people look for value in strong companies and some people look for value in weak companies.”

Charlie Munger

“Ninety nine percent (99%) of the problems come from being too optimistic. Therefore, we should have a system where the accounting is way more conservative.”

Charlie Munger

“Success means being very patient, but aggressive when it’s time.”

Charlie Munger

“Those who keep learning will keep rising in life.”

Charlie Munger

“The harder you work, the more confidence you get. But you may be working hard on something that is false.”

Charlie Munger

“Know what you own.”

Charlie Munger

“If all you succeed in doing in life is getting rich by buying little pieces of paper, it’s a failed life. Life is more than being shrewd in wealth accumulation.”

Charlie Munger

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