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Charlie Munger Quotes: Almost all good businesses engage in 'pain today, gain tomorrow' activities.
         

Almost all good businesses engage in 'pain today, gain tomorrow' activities.


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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Life is to BIG that I'm suddenly overcome by the highs and lows of it.

Life is to BIG that I'm suddenly overcome by the highs and lows of it.



Mankind's greatest achievements have come about by talking and its greatest failures by not talking. It doesn’t have to be like this.

Mankind's greatest achievements have come about by talking and its greatest failures by not talking. It doesn’t have to be like this.



And the further they go, the more they'll remember, they can take it from me.

And the further they go, the more they'll remember, they can take it from me.



Seeing you lights up my day, to hear your voice makes me smile all cheesy, to see you smile makes my heart all warm and fuzzy, when you say I love you makes my body weak.

Seeing you lights up my day, to hear your voice makes me smile all cheesy, to see you smile makes my heart all warm and fuzzy, when you say I love you makes my body weak.



The fact is that [Hillary Clinton] has been the person who started this type of conversation in the campaign. She should be ashamed of herself.

The fact is that [Hillary Clinton] has been the person who started this type of conversation in the campaign. She should be ashamed of herself.



[After a poor prognosis for recovery from her doctor following her 1990 bus accident] I said if it is up to me, I'm going to be OK.

[After a poor prognosis for recovery from her doctor following her 1990 bus accident] I said if it is up to me, I'm going to be OK.



If Im brave, 99% of it comes from my mother.

If Im brave, 99% of it comes from my mother.



When the raindrop touches the ocean, can it tell a story.

When the raindrop touches the ocean, can it tell a story.




The burden imparted by God is lifted once we have prayed, but the heaviness from the enemy cannot be raised unless we fight and resist in prayer.

The burden imparted by God is lifted once we have prayed, but the heaviness from the enemy cannot be raised unless we fight and resist in prayer.




Quote Description


This page presents the quote "Almost all good businesses engage in 'pain today, gain tomorrow' activities.". Author of this quote is Charlie Munger. This quote is about pain, tomorrow, gains, today,.