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Quote Of The Day
Wish Happy Birthday
A majority of life’s errors are caused by forgetting what one is really trying to do. Just the discipline of having to put your thoughts in order with somebody else is very useful.
Author:
Charlie Munger
Topic:
Life Quotes
Good Quotes
“I think that one should recognize reality even when one doesn't like it, indeed, especially when one doesn't like it.”
Charlie Munger
Feb 17, 2019
Inspirational Quotes
“You don't have to have the ability that quantum mechanics requires. You just have to know a few simple things and really know them.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“You must force yourself to consider opposing arguments. Especially when they challenge your best-loved ideas.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“Just because you like it does not mean that the world will necessarily give it to you.”
Charlie Munger
Feb 17, 2019
Life Quotes
“Part of what you must learn is how to handle mistakes and new facts that change the odds. Life, in part, is like a poker game wherein you have to learn to quit sometimes when holding a much-loved hand.”
Charlie Munger
Feb 17, 2019
Inspirational Quotes
“Invert, always invert: Turn a situation or problem upside down. Look at it backward.”
Charlie Munger
Feb 17, 2019
Life Quotes
“People should take away less than they’re worth when they are favored by life… I would argue that when you rise high enough in American Business you’ve got a moral duty to be underpaid.”
Charlie Munger
Feb 17, 2019
Politics Quotes
“Wall Street has too much wealth and political power.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“When you borrow a man's car, always return it with a tank of gas.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“All intelligent investing is value investing, acquiring more than you are paying for.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“Those of us who have been fortunate have a duty to give back. Whether one gives a lot as one goes along as I do, or a little and then a lot (when one dies) as Warren does, is a matter of personal preference.”
Charlie Munger
Feb 17, 2019
Inspirational Quotes
“I try to get rid of people who confidently answer questions about which they don't have any real knowledge.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“Being something and doing something that no one had done before are two different things.”
Charlie Munger
Feb 17, 2019
Work Quotes
“Own your work and compound credibility.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“Warren talks about these discounted cash flows. I’ve never seen him do one.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“I think that every time you see the word EBITDA, you should substitute EBITDA with ‘bullshit earnings’.”
Charlie Munger
Feb 17, 2019
Positive Quotes
“Envy is a really stupid sin because it’s the only one you could never possibly have fun at. There’s a lot of pain and no fun. Why would you want that?”
Charlie Munger
Feb 17, 2019
Motivational Quotes
“I constantly see people rise in life who are not the smartest, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you.”
Charlie Munger
Feb 17, 2019
Learning Quotes
“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.”
Charlie Munger
Feb 17, 2019
Work Quotes
“Two thirds of acquisitions don’t work. Ours work because we don’t try to do acquisitions — we wait for no-brainers.”
Charlie Munger
Feb 17, 2019
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