Wednesday, November 29, 2023

Charlie Munger's Quotes for Today

Some quotes from Charlie Munger, who passed away yesterday aged 99, that I hope may resonate with you.

"You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long time."

"The big money is not in buying or selling, but in waiting."

"A great business at a fair price is superior to a fair business at a great price."

"The safest way to get what you want is to try to deserve what you want."

"Those who keep learning, will keep rising in life."

"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent."

"Assume life will be very tough, and then ask if you can handle it. If the answer is yes, then you've won."

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