“Our game is recognize a big idea when it comes along, when one doesn’t come along very often. Opportunity comes to the prepared mind.”
Charlie Munger
Poor Charlie’s Almanack (Primary source)
In the tradition of Benjamin Franklin’s own almanack, Poor Charlie’s Almanack stands as a remarkable distillation of one man’s lifelong pursuit of what he termed elementary worldly wisdom. Compiled with evident devotion by Peter Kaufman and first published in 2005, this volume represents the most comprehensive gathering of Charles Munger’s speeches, insights, and philosophical observations spanning two decades of public discourse.
More about “Poor Charlie’s Almanack” →
“I think a life properly lived is just learn, learn, learn all the time.”
— Charlie Munger Primary source“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“Invert, always invert”
— 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 sourceMore quotes by Charlie Munger →
“Strategic change doesn’t just start at the top. It starts with your calendar.”
— Andrew S. Grove Primary source“You know I don’t love any one but you. You shouldn’t mind because some one else loved me.”
— Ernest Hemingway Primary source“No one comes back from the dead; no one has come into the world without weeping. No one asks when one wants to come in; no one asks when one wants to go out.”
— Søren Kierkegaard Primary source“The type of person who comes up with the brilliant idea isn’t often the best person to turn it into a business.”
— Bill Gates Primary source