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Charlie Munger Quotes: A lot of our respected financial institutions are just casinos in drag.
         

A lot of our respected financial institutions are just casinos in drag.


Charlie Munger
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"Charlie Munger Quotes." Quoteslyfe.com, 2024. Mon. 23 Dec. 2024. <https://www.quoteslyfe.com/quote/A-lot-of-our-respected-financial-institutions-460875>.





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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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It is a greater triumph for the fearful soul who tries and fails than for the fearless who succeed.

It is a greater triumph for the fearful soul who tries and fails than for the fearless who succeed.



The spirituality of wonder knows the world is charged with grace, that while sin and war, disease and death are terribly real, God's loving presence and power in our midst are even more real.

The spirituality of wonder knows the world is charged with grace, that while sin and war, disease and death are terribly real, God's loving presence and power in our midst are even more real.



The litmus test for whether I want to take on a role or not is usually fear. If Im afraid of it, then I want to do it.

The litmus test for whether I want to take on a role or not is usually fear. If Im afraid of it, then I want to do it.



We march up, moody or good-tempered soldiers - we reach the zone where the front begins and become on the instant human animals.

We march up, moody or good-tempered soldiers - we reach the zone where the front begins and become on the instant human animals.



Life is progressive, no matter what our intentions.

Life is progressive, no matter what our intentions.



The most striking characters are sometimes the product of an infinity of little accidents.

The most striking characters are sometimes the product of an infinity of little accidents.



Keep this in mind: there are no coincidences.

Keep this in mind: there are no coincidences.



You can have children and love them with all your heart and soul, and love your family, and it's still OK to have a fire in you. That doesn't have anything to do with your family.

You can have children and love them with all your heart and soul, and love your family, and it's still OK to have a fire in you. That doesn't have anything to do with your family.



Women all live a double standard.

Women all live a double standard.



False words do not bring forth fruit.

False words do not bring forth fruit.




Quote Description


This page presents the quote "A lot of our respected financial institutions are just casinos in drag.". Author of this quote is Charlie Munger. This quote is about institutions, drag, financial, casinos,.