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“People calculate too much and think too little.”
―
―
“Envy is a really stupid sin because it’s the only one you could never possibly have any fun at. There’s a lot of pain and no fun. Why would you want to get on that trolley?”
― Charlie Munger: The Complete Investor
― Charlie Munger: The Complete Investor
“If something is too hard, we move on to something else. What could be simpler than that?”
― Charlie Munger: The Complete Investor
― Charlie Munger: The Complete Investor
“It takes character to sit with all that cash and to do nothing.
I didn't get top where I am by going after mediocre opportunities.”
― Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
I didn't get top where I am by going after mediocre opportunities.”
― Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
“A lot of people with high IQs are terrible investors because they’ve got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success.”
― Value Investing: A Value Investor's Journey Through the Unknown...
― Value Investing: A Value Investor's Journey Through the Unknown...
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