Charlie Munger

If any successes has come to me, it came because I insisted on thinking things through. That's all I was capable of doing in life, was thinking pretty hard about trying to get the right answer, and then acting on it. I never learned to do anything else. ”

It's a real pleasure to earn the trust of your customers slowly over time by doing what's right. ”

I've got some advice for the young: If you've got anything you really want to do, don't wait until you're 93. ”

Gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold, they invest in productive businesses. ”

If all you needed to do is to figure out what company is better than others, everyone would make a lot of money. But that is not the case. They keep raising the prices to the point when the odds change. ”

I'm a great admirer of the Trump change of mind about China and making an ally out of China instead of screaming about their trade. ”

If you're glued together right and honorable, you will succeed. Get in there and get rid of stupidities and avoid bad people. Try teaching that to your grandchildren. The best way is by example. Fix yourself. ”

I'm used to people with very high IQs knowing how to recognize reality, but there's a huge human tendency where it may be instructive to think that whatever you're doing to succeed is all right. ”

I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned fool. ”

Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading. ”