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Charlie Munger Quotes: If you get into the mental habit of relating what you're reading to the basic structure of the underlying ideas being demonstrated, you gradually accumulate some wisdom.
         

If you get into the mental habit of relating what you're reading to the basic structure of the underlying ideas being demonstrated, you gradually accumulate some wisdom.


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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No thoroughly occupied man was ever yet very miserable.

No thoroughly occupied man was ever yet very miserable.



It's not about failure it's about trying something and risking something for attaining your goal.

It's not about failure it's about trying something and risking something for attaining your goal.



I don't know. Only God knows where the story ends for me, but I know where the story begins. It's up to us to choose, whether we win or lose and I choose to win.

I don't know. Only God knows where the story ends for me, but I know where the story begins. It's up to us to choose, whether we win or lose and I choose to win.



A key factor is to do training that is fun.

A key factor is to do training that is fun.



So long as free land exists, the opportunity for a competency exists, and economic power secures political power.

So long as free land exists, the opportunity for a competency exists, and economic power secures political power.



That is, sir, there can only be communication, communion, when you and I are on the same level, and with the same intensity, at the same time.

That is, sir, there can only be communication, communion, when you and I are on the same level, and with the same intensity, at the same time.



America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.

America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.



The more we can put the camera in a better place, the more we can take the audience on a more extreme journey with that character.

The more we can put the camera in a better place, the more we can take the audience on a more extreme journey with that character.




Quote Description


This page presents the quote "If you get into the mental habit of relating what you're reading to the basic structure of the underlying ideas being demonstrated, you gradually accumulate some wisdom.". Author of this quote is Charlie Munger. This quote is about structure, wisdom, reading, habit, ideas,.