Charlie Munger Quotes
Verified quotes on mental models, rationalism, multi-disciplinary thinking.
“It's astonishing how much lasting benefit individuals like us have gained by consistently avoiding foolishness, rather than striving to be exceptionally smart.”
“It takes character to sit with all that cash and to do nothing. I didn't get to where I am by going after mediocre opportunities.”
“What do you want to avoid? Such an easy answer: sloth and unreliability. If you're unreliable it doesn't matter what your virtues are. You're going to crater immediately.”
“Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Step by step you get ahead, but not necessarily in fast spurts.”
“It is not enough to think problems through forward. You must also think in reverse, much like the rustic who wanted to know where he was going to die so that he'd never go there.”
“There is no better teacher than history in determining the future. There are answers worth billions of dollars in a $30 history book.”
“Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage”