“Part of what you must learn is how to handle mistakes and new facts that change the odds. Life, in part, is like a poker game, wherein you have to learn to quit sometimes when holding a much-loved hand.”
— Charlie Munger Primary source“If you don’t get elementary probability into your repertoire, you go through a long life like a one-legged man in an ass-kicking contest.”
— Charlie Munger Primary sourceHistory Time Life Poker Mistakes