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Charlie Munger Quotes: Bernie Ebbers and Ken Lay were caricatures - they were easy to spot. They were almost psychopaths. But it's much harder to spot problems at companies like Royal Dutch [Shell].
         

Bernie Ebbers and Ken Lay were caricatures - they were easy to spot. They were almost psychopaths. But it's much harder to spot problems at companies like Royal Dutch [Shell].


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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We face dangers every day of which we are not even aware. Often God intervenes on our behalf through the use of His angels.

We face dangers every day of which we are not even aware. Often God intervenes on our behalf through the use of His angels.



If I make a mark in time, I can't say the mark is mine.

If I make a mark in time, I can't say the mark is mine.



An illustrational form tells you through the intelligence immediately what the form is about, whereas a non-illustrational form works first upon sensation and then slowly leaks back into the fact.

An illustrational form tells you through the intelligence immediately what the form is about, whereas a non-illustrational form works first upon sensation and then slowly leaks back into the fact.



Sometimes you have to listen to other people, and see what the audiences want. That's what entertaining is about.

Sometimes you have to listen to other people, and see what the audiences want. That's what entertaining is about.



I'm smart but not enough--just smart enough to have problems.

I'm smart but not enough--just smart enough to have problems.



Style as a concept has been hijacked to mean elite, refined and expensive when it should be thought of as a basic expression of life in much the same way as we all identify with music or speech.

Style as a concept has been hijacked to mean elite, refined and expensive when it should be thought of as a basic expression of life in much the same way as we all identify with music or speech.



There is a lot of music out there that you can play side by side and you can't hear the personality - that has a timeline on it, for sure.

There is a lot of music out there that you can play side by side and you can't hear the personality - that has a timeline on it, for sure.



A satirist is someone who has a very skeptical view of human nature, but who still has the optimism to make some sort of a joke out of it. However brutal that joke might be.

A satirist is someone who has a very skeptical view of human nature, but who still has the optimism to make some sort of a joke out of it. However brutal that joke might be.




Quote Description


This page presents the quote "Bernie Ebbers and Ken Lay were caricatures - they were easy to spot. They were almost psychopaths. But it's much harder to spot problems at companies like Royal Dutch [Shell].". Author of this quote is Charlie Munger. This quote is about harder, royal, caricatures, easy, shells, dutch,.