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I don't want to kill ads. I think advertising is great, and I'm very aware that there's multiple revenue streams in television, subscription and advertising. But I also don't want to put my head in the sand, and I think the world is changing.
~ Charlie Ergen
Ads
Advertising
Also
Aware
Changing
Great
Head
I Think
Multiple
Put
Revenue
Sand
Streams
Television
Think
Very
Want
World
design
copy
If the broadcasters were to win on their claims, they'd outlaw the DVR.
~ Charlie Ergen
Broadcasters
Claims
Outlaw
Were
Win
design
copy
Poker is a game where you don't have to have the best hand to win. Poker is really reading other people and reading human emotion, which certainly comes into play in business.
~ Charlie Ergen
Best
Business
Certainly
Emotion
Game
Hand
Human
Other
People
Play
Poker
Reading
Really
Where
Which
Win
You
design
copy
Some people are averse to change, but the advertising model is going to change with or without the Hopper. What we're saying to the broadcasters is, 'There's a way for you not to put your head in the sand.'
~ Charlie Ergen
Advertising
Broadcasters
Change
Going
Head
Model
People
Put
Sand
Saying
Some
Some People
Way
Without
You
Your
design
copy
The world is changing... I don't, as a consumer, want advertising that's not relevant. If we're going to take a side, let's take the side of the consumer.
~ Charlie Ergen
Advertising
Changing
Consumer
Going
Relevant
Side
Take
Want
World
design
copy
There are only two kinds of employees that I've run across in 30 years. There are ones that get results, and ones that make excuses. If you're in that second camp, you're not going to like Dish.
~ Charlie Ergen
Across
Camp
Dish
Employees
Excuses
Get
Going
Kinds
Like
Make
Only
Results
Run
Second
Two
Years
You
design
copy
Ultimately, broadcasters and advertisers have to change the way they do business or they run the risk of linear TV becoming obsolete.
~ Charlie Ergen
Advertiser
Becoming
Broadcasters
Business
Change
Linear
Obsolete
Risk
Run
TV
Ultimately
Way
design
copy
When you deal with change, you have a couple choices: you can lead it and make the rules, or you can be a fast follower, or you can be a slow follower.
~ Charlie Ergen
Change
Choices
Couple
Deal
Fast
Follower
Lead
Make
Rules
Slow
You
design
copy
You either trust someone day one until they prove you wrong, or you say, 'I don't trust you until you show me I can trust you.' I'm the latter.
~ Charlie Ergen
Day
Day One
Either
I Can
Latter
Me
One Day
Prove
Say
Show
Someone
Trust
Until
Wrong
You
design
copy
A banker who is allowed to borrow money at X and loan it out at X plus Y will just go crazy and do too much of it if the civilization doesn't have rules that prevent it.
~ Charlie Munger
Allowed
Banker
Borrow
Civilization
Crazy
Go
Just
Loan
Money
Much
Out
Plus
Prevent
Rules
Too
Too Much
Who
Will
design
copy
A great business at a fair price is superior to a fair business at a great price.
~ Charlie Munger
Business
Fair
Great
Great Business
Price
Superior
design
copy
Alternatives to gold and currency and to make a big speculative vehicle - I never considered for one second having anything to do with it. I detested it the minute it had been raised.
~ Charlie Munger
Alternatives
Anything
Been
Big
Considered
Currency
Gold
Had
Having
Make
Minute
Never
Raised
Second
Speculative
Vehicle
design
copy
Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.
~ Charlie Munger
Been
Confident
Decade
Difficult
Economics
Formula
Formulas
Next
Physics
Profession
Same
Subject
Various
Work
Works
design
copy
Everyone has the idea of owning good companies. The problem is that they have high prices in relations to assets and earnings, and that takes all of the fun out of the game.
~ Charlie Munger
Assets
Companies
Earnings
Everyone
Fun
Game
Good
High
Idea
Out
Owning
Prices
Problem
Relations
Takes
design
copy
Gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold, they invest in productive businesses.
~ Charlie Munger
Businesses
Buy
Civilized
Family
Garments
Gold
Great
Great Thing
I Think
Invest
Jewish
People
Productive
Sew
Thing
Think
Vienna
You
Your
design
copy
I believe Costco does more for civilization than the Rockefeller Foundation. I think it's a better place. You get a bunch of very intelligent people sitting around trying to do good, I immediately get kind of suspicious and squirm in my seat.
~ Charlie Munger
Around
Believe
Better
Better Place
Bunch
Civilization
Does
Foundation
Get
Good
I Believe
I Think
Immediately
Intelligent
Intelligent People
Kind
More
People
Place
Rockefeller
Seat
Sitting
Suspicious
Than
Think
Trying
Very
You
design
copy
I love when I think we're taking territory - if it makes sense in the long term, we just don't give a damn what it looks like in the short term. After all, we're running a cult, not a normal company.
~ Charlie Munger
After
Company
Cult
Damn
Give
I Love
I Think
Just
Like
Long
Long-Term
Looks
Love
Makes
Normal
Running
Sense
Short
Short-Term
Taking
Term
Territory
Think
design
copy
I regard the bitcoin craze as totally asinine to create some manufactured currency.
~ Charlie Munger
Bitcoin
Create
Currency
Regard
Some
Totally
design
copy
I think people who multitask pay a huge price. They think they're being extra productive, and I think when you multitask so much you don't have time to think about anything deeply, you are giving the world an advantage you shouldn't do, and practically everybody is drifting into that mistake.
~ Charlie Munger
About
Advantage
Anything
Being
Deeply
Drifting
Everybody
Extra
Giving
Huge
I Think
Mistake
Much
Multitask
Pay
People
Practically
Price
Productive
Think
Time
Who
World
You
design
copy
I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned fool.
~ Charlie Munger
Again
Both
Economic
Fool
I Think
Man
Notions
Psychological
Reality
Think
Time
Time And Time
Understand
Who
design
copy
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