Charlie Munger
American businessman, investor, attorney and philanthropist Charles Mungerserved as the Vice Chairman of Berkshire Hathaway, the company by Warren Buffett, from 1978 until his death in 2023. Here we list some of Munger's inspiring quotes.
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On the importance of reading
"In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time -- none, zero. 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."― Charles T. Munger
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On hardwork
"It's not supposed to be easy. Anyone who finds it easy is stupid."― Charles T. Munger
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On being patient
"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."― Charles T. Munger
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On facing the ups and downs of life gracefully
"Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought...Life will have terrible blows, horrible blows, unfair blows, it doesn't matter. Some people recover and others don't."― Charles T. Munger
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Be unique
"Mimicking the herd invites regression to the mean (merely average performance)."― Charles T. Munger
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Be open to learning new things
"The first rule is that you can't really know anything if you just remember isolated facts and try and bang 'em back."― Charles T. Munger
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On working hard for your dreams
“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.”― Charles T. Munger
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On being rational
“What are the secret of success?-one word answer :"rational”― Charles T. Munger
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