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Science @Bock’s nr 79: Charlie Munger

Charlie Munger

Kuuluisat lausahdukset – Berömda utsagor

 

“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none, zero. You’d be amazed at how much Warren reads — and at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.”

— Poor Charlie’s Almanack

”There is so much money now in the hands of so many smart people all trying to outsmart one another. It’s a radically different world from the world we started in.”

— 2023 Berkshire Hathaway Annual Meeting

“We now have computer algorithms trading with other computers. And people buying stocks who know nothing, being advised by people who know even less. It’s an incredibly crazy situation … All this activity makes it easier for us.”

— 2022 Berkshire Hathaway Annual Shareholders Meeting

“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than when they got up and boy does that help — particularly when you have a long run ahead of you.”

— 2007 USC Law School Commencement Address

”I wish everything else in America was working as well as Costco does. Think what a blessing that would be for us all.”

— 2022 Daily Journal Annual Meeting

“Capitalism without failure is like religion without hell.”

 — Tao of Charlie Munger

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