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Charlie Munger Quotes: It's human nature to extrapolate the recent past into the future, but it's terrible that managements go along with this.
         

It's human nature to extrapolate the recent past into the future, but it's terrible that managements go along with this.


Charlie Munger
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The best thing a human being can do is to help another human being know more.



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Intelligent people make decisions based on opportunity costs.



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Mimicking the herd invites regression to the mean.



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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.

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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.

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Quote Description


This page presents the quote "It's human nature to extrapolate the recent past into the future, but it's terrible that managements go along with this.". Author of this quote is Charlie Munger. This quote is about human nature, future, past, management, terrible, recent past,.