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 →
“If you know that this life is all that you have, wouldn’t you make the most of it?”
— Ayn Rand Disputed“If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.”
— Henry David Thoreau Primary source“It is important to make a dream of life and a dream reality.”
— Marie Curie Disputed“He that is rich need not live sparingly, and he that can live sparingly, need not be rich.”
— Benjamin Franklin Primary source