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“Rationality is something you get slowly and it has a variable result. But it’s better than not having it.”
— Charlie Munger Primary source“Being able to recognize that you are wrong is a godsend.”
— Charlie Munger Primary source“I don’t know much about cryptocurrencies except to avoid them.”
— Charlie Munger Primary source“We actually need some tough incentives in civilization to make it work.”
— Charlie Munger Primary source“Never underestimate the man who overestimates himself.”
— Charlie Munger Primary source“A problem thoroughly understood is half solved.”
— Charlie Munger Primary source“The best thing any parent can do is be a good example.”
— Charlie Munger Primary source“Everybody who is adult should save and not be stupidly spending money and defer gratification to get more later.”
— Charlie Munger Primary source“I don’t play in a game where the other people are wise and I’m stupid. I look for a place where I’m wise and they’re stupid.”
— Charlie Munger Primary source“You’ll be happier if you reduce your expectations than if you try and satisfy them.”
— Charlie Munger Primary source“There’s hardly anything more important than being rational or objective.”
— Charlie Munger Primary source• Title: Daily Journal Corporation Annual Meeting
• Author: Charlie Munger
• Type: Speech
• Publisher: n/a
• Publication time: Feb 12, 2020
• Publication place: United States