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I will say this: I know no wise person who doesn't read a lot. I suspect that you can read on the computer now and get a lot of benefit out of it, but I doubt that it'll work as well as reading print worked for me.
~ Charlie Munger
Benefit
Computer
Doubt
Get
Know
Lot
Me
Now
Out
Person
Print
Read
Reading
Say
Suspect
Well
Who
Will
Wise
Wise Person
Work
Worked
You
design
copy
I'm a great admirer of the Trump change of mind about China and making an ally out of China instead of screaming about their trade.
~ Charlie Munger
About
Admirer
Ally
Change
China
Great
Instead
Making
Mind
Out
Screaming
Trade
Trump
design
copy
I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics than bad.
~ Charlie Munger
Associated
Bad
End
Ethics
Good
I Think
In The End
Make
Money
More
Proud
System
Than
Think
Value
Value System
You
design
copy
I'm used to people with very high IQs knowing how to recognize reality, but there's a huge human tendency where it may be instructive to think that whatever you're doing to succeed is all right.
~ Charlie Munger
Doing
High
How
Huge
Human
Knowing
May
People
Reality
Recognize
Right
Succeed
Tendency
Think
Used
Very
Whatever
Where
You
design
copy
I've got some advice for the young: If you've got anything you really want to do, don't wait until you're 93.
~ Charlie Munger
Advice
Anything
Got
Really
Some
Until
Wait
Want
You
Young
design
copy
If all you needed to do is to figure out what company is better than others, everyone would make a lot of money. But that is not the case. They keep raising the prices to the point when the odds change.
~ Charlie Munger
Better
Case
Change
Company
Everyone
Figure
Keep
Lot
Make
Money
Needed
Odds
Others
Out
Point
Prices
Raising
Than
Would
You
design
copy
If any successes has come to me, it came because I insisted on thinking things through. That's all I was capable of doing in life, was thinking pretty hard about trying to get the right answer, and then acting on it. I never learned to do anything else.
~ Charlie Munger
About
Acting
Answer
Any
Anything
Anything Else
Because
Came
Capable
Come
Doing
Else
Get
Hard
Insisted
Learned
Life
Me
Never
Pretty
Right
Right Answer
Successes
Then
Things
Thinking
Through
Trying
design
copy
If you can get really good at destroying your own wrong ideas, that is a great gift.
~ Charlie Munger
Destroying
Get
Gift
Good
Great
Great Gift
Ideas
Own
Really
Wrong
You
Your
design
copy
If you're glued together right and honorable, you will succeed. Get in there and get rid of stupidities and avoid bad people. Try teaching that to your grandchildren. The best way is by example. Fix yourself.
~ Charlie Munger
Avoid
Bad
Bad People
Best
Best Way
Example
Fix
Get
Glued
Grandchildren
Honorable
People
Rid
Right
Succeed
Teaching
Together
Try
Way
Will
You
Your
Yourself
design
copy
If you're unhappy with what you've had over the last 50 years, you have an unfortunate misappraisal of life. It's as good as it gets, and it's very likely to get worse.
~ Charlie Munger
Get
Gets
Good
Had
Last
Life
Likely
Over
Unfortunate
Unhappy
Very
Worse
Years
You
design
copy
It is one thing to think gold has some marvelous store of value because man has no way of inventing more gold or getting it very easily, so it has the advantage of rarity. Believe me, man is capable of somehow creating more bitcoin... They tell you there are rules and they can't do it. Don't believe them.
~ Charlie Munger
Advantage
Because
Believe
Bitcoin
Capable
Creating
Easily
Getting
Gold
Inventing
Man
Marvelous
Me
More
One Thing
Rarity
Rules
Some
Somehow
Store
Tell
Them
Thing
Think
Value
Very
Way
You
design
copy
It's a real pleasure to earn the trust of your customers slowly over time by doing what's right.
~ Charlie Munger
Customers
Doing
Earn
Over
Pleasure
Real
Real Pleasure
Right
Slowly
Time
Trust
Your
design
copy
It's 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.
~ Charlie Munger
Advantage
Consistently
Gotten
How
How Much
Instead
Intelligent
Like
Long-Term
Much
People
Remarkable
Stupid
Trying
Us
Very
design
copy
Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading.
~ Charlie Munger
Confidently
Devices
Electronic
Focused
Generation
Just
Less
Look
Multitasking
Predict
Reading
Success
Than
This Generation
Warren
Who
Will
design
copy
Most people don't grab the right ideas or don't know what to do with them.
~ Charlie Munger
Grab
Ideas
Know
Most
People
Right
Them
design
copy
People are trying to be smart - all I am trying to do is not to be idiotic, but it's harder than most people think.
~ Charlie Munger
Am
Harder
I Am
Idiotic
Most
People
Smart
Than
Think
Trying
design
copy
That's the last thing on Earth you should think about... There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin... It is total insanity.
~ Charlie Munger
About
Avoid
Bitcoin
Earth
Figure
Going
Insanity
Just
Last
Like
Lot
Out
Plague
Should
Them
Thing
Things
Think
Total
Whole
Work
You
design
copy
The first rule is that you can't really know anything if you just remember isolated facts and try and bang 'em back. If the facts don't hang together on a latticework of theory, you don't have them in a usable form.
~ Charlie Munger
Anything
Back
Bang
Facts
First
Form
Hang
Isolated
Just
Know
Really
Remember
Rule
Them
Theory
Together
Try
Usable
You
design
copy
The perfect example of Darwinism is what technology has done to businesses.
~ Charlie Munger
Businesses
Darwinism
Done
Example
Perfect
Perfect Example
Technology
design
copy
There's danger in just shoveling out money to people who say, 'My life is a little harder than it used to be.' At a certain place you've got to say to the people, 'Suck it in and cope, buddy. Suck it in and cope.'
~ Charlie Munger
Buddy
Certain
Cope
Danger
Got
Harder
Just
Life
Life Is A
Little
Money
My Life
Out
People
Place
Say
Suck
Than
Used
Who
You
design
copy
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