Charlie Munger says that he hasn't been successful because he's smart, he's been successful because he's rational.
Charlie Munger , "You don't want to believe in luck.
Charlie Munger says something that cannot go on forever has to come to an end.
Charlie Munger once wrote about the difference between CBS and Capital Cities in the heyday of the TV station
Charlie Munger 's observation that "if a business earns 18% on capital over 20 or 30 years, even if you pay an expensive looking price,
Charlie Munger has said that, "in nature and in business, specialization is key.
Charlie Munger -- the boys went to see Charlie Munger this week.
Charlie Munger gave a talk where he talks about the 24 standard causes of human misjudgements.
on Charlie Munger , "Damn Right."
credits Charlie Munger with you know opening his eyes to another way of you
chairman Charlie Munger .
patience with what Charlie Munger likes to call gumption-- you know, extreme determination at the right moment.
Is he what Charlie Munger calls an intelligent fanatic?
I remember reading Charlie Munger saying that he didn't know a smart man who didn't read all the time.
Anything Warren Buffett and Charlie Munger I'd consume it.
If it can continue on another Charlie Munger -ism-- we learn more from our mistakes than our successes.
How do I eradicate what Charlie Munger would call standard stupidities?
He had this evolution after meeting Charlie Munger , and in 1963, he found American Express mired in a scandal.
So as Warren Buffett's partner Charlie Munger says here in this quote, sometimes it's just really easy to see which horse is most likely to win a race,
At Stanford Law School, Charlie Munger was on the board of visitors.
Like for example, Charlie Munger said that in 2002 he
Charlie Munger 's observation that almost all good businesses engage in paying today, gain tomorrow activities also
And if you think about his example-- we all know who Charlie Munger is now.
But cumulatively, Charlie Munger always, somehow or another, lived on less than what he earned, so he was creating cash
wrote the great book "Common Stocks And Uncommon Profits," and by Charlie Munger , Warren's partner since the '70s or '60s,
and I fell in love with Warren Buffett and Charlie Munger .
And in the same spirit as Warren Buffett and Charlie Munger , he has a very intuitive, very evocative, very emotionally
You know, like Carl Jacobi and Charlie Munger .
And he says he and his sidekick, Charlie Munger , are going to continue to buy companies.
And when that happens, you can expect what Charlie Munger calls a lollapalooza outcome.
And I know that and some of the other fellows went to see Charlie Munger speak in Los Angeles this week at age 91.
And the other thing I would say is that in meeting him and meeting Charlie Munger ,
ever met a person who is anywhere close to the brilliance of Charlie Munger .
And Charlie Munger talks about that.
And I remember, a few years back, Charlie Munger said that-- I asked a question to Charlie about moats
And so a few years back, I was at a dinner at Charlie Munger 's house and it's a small group.
And of course, if you are a voracious reader and you kind of buy into what Charlie Munger says is the latticework or mental models,
And also, there's a lot of lessons about in many ways I think Charlie Munger got dealt a bad hand, if you will, a far worse hand than most of us
So I've organized this talk in a way that I ripped off from Charlie Munger , who ripped it off
So I think this is one of the areas where you can apply this great line from Charlie Munger where Munger as we know says, he takes a line from algebra where
Perhaps she dug deeper and found that both businesses had durable competitive advantages and were run by entrepreneurs whom Charlie Munger would
Well, you know, Charlie Munger , the Vice-chair of Berkshire, was asked a similar question.
And here, just getting back to the idea of disconfirmation, are a couple of quotes from Warren Buffett and his business partner Charlie Munger about Charles Darwin.
And if you look at the careers of the world's greatest investors, people like Graham or Warren Buffett or Charlie Munger , you very much see this kind of mentality
I would add one thing, I think, which is that both Warren Buffett and Charlie Munger , his partner, have often talked about the importance of combining
For a while, it is unable to distinguish between people who make mistakes and will continue to make them and people who Charlie Munger would call learning machines.
And I think about one of the great, wise people of all time, is Charlie Munger .
Look at all these ways in which I failed until I learned from Tony Robbins, Mohnish Pabrai, Warren Buffett, Charlie Munger .
But the way the answers came out, and especially, many times that I've done that for Charlie Munger with these extremely left-field questions, I would say this that I have never