Charlie Munger

Whenever you think something or some person is ruining your life, it’s you. A victimization mentality is so debilitating.

Charlie Munger

You must force yourself to consider opposing arguments. Especially when they challenge your best loved ideas.

Charlie Munger

You must value the business in order to value the stock.

Charlie Munger

Deliver to the world what you would buy if you were on the other end.

Charlie Munger

A banker who is allowed to borrow money at X and loan it out at X plus Y will just go crazy and do too much of it if the civilization doesn’t have rules that prevent it.

Charlie Munger

A director who gets $150,000 per year from a company and needs the money is not independent.

Charlie Munger

All I want to know is where I’m going to die, so I’ll never go there

Charlie Munger

All sensible investing is value investing.

Charlie Munger

Any year that you don’t destroy one of your best-loved ideas is probably a wasted year

Charlie Munger

Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you’ve won.

Charlie Munger