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

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


Charlie Munger
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Other quotes of Charlie Munger


The best thing a human being can do is to help another human being know more.

The best thing a human being can do is to help another human being know more.



Intelligent people make decisions based on opportunity costs.

Intelligent people make decisions based on opportunity costs.



Mimicking the herd invites regression to the mean.

Mimicking the herd invites regression to the mean.



I did not succeed in life by intelligence. I succeeded because I have a long attention span.

I did not succeed in life by intelligence. I succeeded because I have a long attention span.



The big money is not in the buying and selling ... but in the waiting.

The big money is not in the buying and selling ... but in the waiting.



Great investing requires a lot of delayed gratification.

Great investing requires a lot of delayed gratification.



When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'

When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'



Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.



I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.

I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.



A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.

A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.





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Great minds birth great ideas.Extraordinary minds birth extraordinary ideas.Transcendent minds birth transcendent ideas.

Great minds birth great ideas.Extraordinary minds birth extraordinary ideas.Transcendent minds birth transcendent ideas.



It has been said "the truth will make men free". The truth alone has never set anyone free. It is only DOUBT which will bring mental emancipation.

It has been said "the truth will make men free". The truth alone has never set anyone free. It is only DOUBT which will bring mental emancipation.



I did not think I would make the grade.

I did not think I would make the grade.



If I had to fault President [Barack] Obama, I would say that sometimes governs like a visitor from a morally superior civilization.

If I had to fault President [Barack] Obama, I would say that sometimes governs like a visitor from a morally superior civilization.



Dill?" Mm?" Why do you reckon Boo Radleys never run off?" Dill sighed a long sigh and turned away from me. Maybe he doesn't have anywhere to run off to

Dill?" Mm?" Why do you reckon Boo Radleys never run off?" Dill sighed a long sigh and turned away from me. Maybe he doesn't have anywhere to run off to



It is such a social thing, laughing. Two thousand people in a room laughing is such a great buzz and they tend to laugh much more in a group.

It is such a social thing, laughing. Two thousand people in a room laughing is such a great buzz and they tend to laugh much more in a group.



I have several times made a poor choice by avoiding a necessary confrontation.

I have several times made a poor choice by avoiding a necessary confrontation.



Just as in nature systems of order govern the growth and structure of animate and inanimate matter, so human activity itself has, since the earliest times, been distinguished by the quest for order.

Just as in nature systems of order govern the growth and structure of animate and inanimate matter, so human activity itself has, since the earliest times, been distinguished by the quest for order.



While Daddy liked to stick to the rules, Mummy liked to bend them.

While Daddy liked to stick to the rules, Mummy liked to bend them.



If God were not my friend, Satan would not be so much my enemy.

If God were not my friend, Satan would not be so much my enemy.




Quote Description


This page presents the quote "A director who gets $150,000 per year from a company and needs the money is not independent.". Author of this quote is Charlie Munger. This quote is about money, company, needs, independent, directors, years,.