Daily Journal Corporation Annual Meeting (Primary source)
Annual Meeting in Daily Journal Corporation.
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“So you have to figure out what your own aptitudes are. If you play games where other people have the aptitudes and you don’t, you’re going to lose. And that’s as close to certain as any prediction you can make. You have to figure out where you’ve got an edge. And you’ve got to play within your own circle of competence.”
— Charlie Munger Primary source“In my whole life, I have known no wise people (over a broad subject matter) who didn’t read all the time—none, zero. You’d be amazed 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 Primary source“If anything, I now believe even more strongly that reliability is essential for progress in life and while quantum mechanics is unlearnable for a vast majority, reliability can be learned to great advantage by almost anyone.”
— Charlie Munger Primary source“Invert, always invert”
— Charlie Munger Primary sourceMore quotes by Charlie Munger →
“When you’re good to others, you are best to yourself.”
— Benjamin Franklin Primary source“I’m not unfaithful, darling. I’ve plenty of faults but I’m very faithful. You’ll be sick of me I’ll be so faithful.”
— Ernest Hemingway Primary source“If you’d lose a troublesome visitor, lend him money.”
— Benjamin Franklin Primary source“It is never hopeless. But sometimes I cannot hope. I try always to hope but sometimes I cannot.”
— Ernest Hemingway Primary source