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Charlie Munger Quotes


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Quotes by Charlie Munger

Showing 31-38 of 38 Quotes by Charlie Munger

It's remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

~Charlie Munger

Topics: Advantage Consistently Gotten How How Much Instead Intelligent Like Long-Term Much People Remarkable Stupid Trying Us Very

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A great business at a fair price is superior to a fair business at a great price.

~Charlie Munger

Topics: Business Fair Great Great Business Price Superior

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That's the last thing on Earth you should think about... There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin... It is total insanity.

~Charlie Munger

Topics: About Avoid Bitcoin Earth Figure Going Insanity Just Last Like Lot Out Plague Should Them Thing Things Think Total Whole Work You

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It is one thing to think gold has some marvelous store of value because man has no way of inventing more gold or getting it very easily, so it has the advantage of rarity. Believe me, man is capable of somehow creating more bitcoin... They tell you there are rules and they can't do it. Don't believe them.

~Charlie Munger

Topics: Advantage Because Believe Bitcoin Capable Creating Easily Getting Gold Inventing Man Marvelous Me More One Thing Rarity Rules Some Somehow Store Tell Them Thing Think Value Very Way You

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I regard the bitcoin craze as totally asinine to create some manufactured currency.

~Charlie Munger

Topics: Bitcoin Create Currency Regard Some Totally

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Alternatives to gold and currency and to make a big speculative vehicle - I never considered for one second having anything to do with it. I detested it the minute it had been raised.

~Charlie Munger

Topics: Alternatives Anything Been Big Considered Currency Gold Had Having Make Minute Never Raised Second Speculative Vehicle

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Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison.

~Charlie Munger

Topics: Bitcoin Buy Buying Children Family God Growing Growing Up Hope Like Poison Things Up Want Who Would

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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.

~Charlie Munger

Topics: Again Both Economic Fool Man Notions Psychological Reality Think Time Time And Time Understand Who I Think

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Biography

Nationality: American

Type: Businessman

Born: January 1st, 1924

Links

Find Charlie Munger on Amazon

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