Tiny Panda Quotes
Quotes by Charlie Munger
Charlie Munger, born on January 1, 1924, in Omaha, Nebraska, is best known as the vice chairman of Berkshire Hathaway and a steadfast partner of Warren Buffett. A graduate of Harvard Law School, Munger's remarkable intellect and multidisciplinary approach have profoundly influenced investing and business philosophy. His emphasis on rationality, ethics, and lifelong learning has left an indelible mark, inspiring countless entrepreneurs and investors. As a keen advocate for mental models, Munger’s legacy embodies the pursuit of wisdom and sound judgment in decision-making.
10 quotes found
"Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison."
Charlie Munger
"When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change."
Charlie Munger"Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading."
Charlie Munger"It's a real pleasure to earn the trust of your customers slowly over time by doing what's right."
Charlie Munger"I will say this: I know no wise person who doesn't read a lot. I suspect that you can read on the computer now and get a lot of benefit out of it, but I doubt that it'll work as well as reading print worked for me."
Charlie Munger
"Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject."
Charlie Munger