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Charlie Munger Quotes: It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.
         

It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.


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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War may sometimes be a necessary evil. But no matter how necessary, it is always an evil, never a good. We will not learn to live together in peace by killing each other's children.

War may sometimes be a necessary evil. But no matter how necessary, it is always an evil, never a good. We will not learn to live together in peace by killing each other's children.



The desert lay in wait, more infinite than God, no less remote.

The desert lay in wait, more infinite than God, no less remote.



A pleasurable woman could cause more harm than miserable one.

A pleasurable woman could cause more harm than miserable one.




A child's spirit is like a child, you can never catch it by running after it; you must stand still, and, for love, it will soon itself come back.

A child's spirit is like a child, you can never catch it by running after it; you must stand still, and, for love, it will soon itself come back.



If a person becomes content with what is average, minimally acceptable, or satisfactory, she will rarely exert the effort or work toward something that is truly excellent or outstanding.

If a person becomes content with what is average, minimally acceptable, or satisfactory, she will rarely exert the effort or work toward something that is truly excellent or outstanding.



It is not how much you have, but with whom you enjoy it.

It is not how much you have, but with whom you enjoy it.



The experience of space is not a privilege of the gifted few, but a biological function.

The experience of space is not a privilege of the gifted few, but a biological function.



Damn right I like the life I live, Cause I went from negative to positive.

Damn right I like the life I live, Cause I went from negative to positive.




Quote Description


This page presents the quote "It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.". Author of this quote is Charlie Munger. This quote is about overcoming, people, waiting, hard, work, gratification,.