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Charlie Munger Quotes: It's a finite and very competitive world. All large aggregations of capital eventually find it hell on earth to grow and thus find a lower rate of return.
         

It's a finite and very competitive world. All large aggregations of capital eventually find it hell on earth to grow and thus find a lower rate of return.


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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Party-spirit . . . which at best is but the madness of many for the gain of a few.

Party-spirit . . . which at best is but the madness of many for the gain of a few.



I have taught you my dear flock for above thirty years how to live and I will show you in a very short time how to die.

I have taught you my dear flock for above thirty years how to live and I will show you in a very short time how to die.



Be to the world a sign that while we as Christians do not have all the answers, we do know and care about the questions.

Be to the world a sign that while we as Christians do not have all the answers, we do know and care about the questions.



Younger people are younger a little longer these days, so we know a lot of 32-year-olds who are still quite young, haven't quite gotten their life paths completely decided yet.

Younger people are younger a little longer these days, so we know a lot of 32-year-olds who are still quite young, haven't quite gotten their life paths completely decided yet.



There can be no peace on earth as long as there is war in love.

There can be no peace on earth as long as there is war in love.



A new survey shows that the American public is more conservative now than at any point since 1952. The bad news is that all the liberals that died since then are still voting.

A new survey shows that the American public is more conservative now than at any point since 1952. The bad news is that all the liberals that died since then are still voting.



I think I will always have a place. I don't think I have to rule or reign but there's a place for me.

I think I will always have a place. I don't think I have to rule or reign but there's a place for me.



It has always seemed somewhat paradoxical to me that we must constantly have the Lord command us to do those things which are for our own good.

It has always seemed somewhat paradoxical to me that we must constantly have the Lord command us to do those things which are for our own good.



Good writing of course requires talent, and no one can teach you to have talent.

Good writing of course requires talent, and no one can teach you to have talent.



I don't think you want to hurt businesses that are making $250,000 or $500,000. Those are the real people who created the opportunity to put people to work.

I don't think you want to hurt businesses that are making $250,000 or $500,000. Those are the real people who created the opportunity to put people to work.




Quote Description


This page presents the quote "It's a finite and very competitive world. All large aggregations of capital eventually find it hell on earth to grow and thus find a lower rate of return.". Author of this quote is Charlie Munger. This quote is about return, earth, finite, rate, hell, world,.