Charlie Munger 20 Most Inspiring Audio Mp3 Quotes Investing, Risking, Discipline, Psychology

“ Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day if you live long enough-like most people, you will get out of life what you deserve.” – Charlie Munger

“ I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart. ” – Charlie Munger

“ I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you.” – Charlie Munger

“ The best thing a human being can do is to help another human being know more.” – Charlie Munger

“ Most people are too fretful, they worry too much. Success means being very patient, but aggressive when it’s time.” – Charlie Munger

“ Remember that reputation and integrity are your most valuable assets – and can be lost in a heartbeat. ” – Charlie Munger

“ We recognized early on that very smart people do very dumb things, and we wanted to know why and who, so that we could avoid them. ” – Charlie Munger

“ 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

“ 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

“ 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

“ Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris – I wanted the independence. I desperately wanted it.” – Charlie Munger

“ When any guy offers you a chance to earn lots of money without risk, don’t listen to the rest of his sentence. Follow this, and you’ll save yourself a lot of misery. ” – Charlie Munger

“ You’ll do better if you have passion for something in which you have aptitude. If Warren had gone into ballet, no one would have heard of him. ” – Charlie Munger

“ 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

“ 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

“ You’d be amazed at how much Warren reads–and at how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.” – Charlie Munger

“ 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

“ To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of undeserving people.” – Charlie Munger

“ I think track records are very important. If you start early trying to have a perfect one in some simple thing like honesty, you’re well on you way to success in this world. ” – Charlie Munger

“ Everywhere there is a large commission, there is a high probability of a rip-off. ” – Charlie Munger