Knowing what you don't know is more useful than being brilliant.

- Charlie Munger

For years I have read the morning paper and harrumphed. There's a lot to harrumph about now.

- Charlie Munger

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 intell…

- Charlie Munger

We don't have any miraculous way of avoiding taxes at Wesco and Berkshire.

- Charlie Munger

Opportunity comes to the prepared mind.

- Charlie Munger

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

- Charlie Munger

Those who will not face improvements because they are changes, will face changes that are not improvements.

- Charlie Munger

In my life there are not that many questions I can't properly deal with using my $40 adding machine and dog-eared compound interest table.

- Charlie Munger

The big money is not in the buying and selling ... but in the waiting.

- Charlie Munger