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Charlie Munger Quotes: If you have the opportunities of Berkshire, an investment in gold is dumb.
         

If you have the opportunities of Berkshire, an investment in gold is dumb.


Charlie Munger
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"Charlie Munger Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/If-you-have-the-opportunities-of-Berkshire-461000>.





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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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You fault me for having standards?' Sebastian countered icily.'Not at all. I fault you for having two sets of them.'~ Sebastian, Lord St. Vincent & Cam Rohan.

You fault me for having standards?' Sebastian countered icily.'Not at all. I fault you for having two sets of them.'~ Sebastian, Lord St. Vincent & Cam Rohan.



Baseball is a game of inches.

Baseball is a game of inches.



When you decide to do this kind of music then you just accept the facts.

When you decide to do this kind of music then you just accept the facts.



Even though you get a little twinge every now and again with the years marching on and become aware of your own mortality, you realise you're only limited by your imagination.

Even though you get a little twinge every now and again with the years marching on and become aware of your own mortality, you realise you're only limited by your imagination.



That's going to be the biggest problem, to make people feel like it's cool for them to like my music.

That's going to be the biggest problem, to make people feel like it's cool for them to like my music.



One thing is always wrong-always: to cause suffering in others for the purpose of gratifying one's own pleasures; that is everlastingly wrong.

One thing is always wrong-always: to cause suffering in others for the purpose of gratifying one's own pleasures; that is everlastingly wrong.



Too many people think that economics is this subject that should wait until the university level. But it can't wait that long.

Too many people think that economics is this subject that should wait until the university level. But it can't wait that long.



Nothing is more fallacious than wealth. To-day it is for thee; tomorrow it is against thee. It arms the eyes of the envious every where. It is a hostile comrade, a domestic enemy.

Nothing is more fallacious than wealth. To-day it is for thee; tomorrow it is against thee. It arms the eyes of the envious every where. It is a hostile comrade, a domestic enemy.



The progress of any writer is marked by those moments when he manages to outwit his own inner police system.

The progress of any writer is marked by those moments when he manages to outwit his own inner police system.




Quote Description


This page presents the quote "If you have the opportunities of Berkshire, an investment in gold is dumb.". Author of this quote is Charlie Munger. This quote is about investment, gold, opportunity, dumb,.