Mungerisms Quotes

I have nothing to add.

Charlie Munger

Three rules for a career: 1) Don’t sell anything you wouldn’t buy yourself; 2) Don’t work for anyone you don’t respect and admire; and 3) Work only with people you enjoy.

Charlie Munger

Today we have a health insurance industry where the first and foremost goal is to maximize profits for shareholders and CEOs, not to cover patients who have fallen ill or to compensate doctors and hospitals for their services. It is an industry that is increasingly concentrated and where Americans are paying more to receive less.

Dianne Feinstein

Take a simple idea and take it seriously.

Charlie Munger

Mimicking the herd invites regression to the mean.

Charlie Munger

You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time.

Charlie Munger