The big money is not in the buying and selling ... but in the waiting.
Knowing what you don't know is more useful than being brilliant. - Charlie Munger
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
For years I have read the morning paper and harrumphed. There's a lot to harrumph about now.
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
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…
We don't have any miraculous way of avoiding taxes at Wesco and Berkshire. - Charlie Munger
We don't have any miraculous way of avoiding taxes at Wesco and Berkshire.
Opportunity comes to the prepared mind. - Charlie Munger
Opportunity comes to the prepared mind.
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
You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long, time.
Those who will not face improvements because they are changes, will face changes that are not improvements. - Charlie Munger
Those who will not face improvements because they are changes, will face changes that are not improvements.
The big money is not in the buying and selling ... but in the waiting. - 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
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.
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