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Charlie Munger Quotes: It took us months of buying all the Coke stock we could to accumulate $1 billion worth - equal to 7% of the company. It's very hard to accumulate major positions.
         

It took us months of buying all the Coke stock we could to accumulate $1 billion worth - equal to 7% of the company. It's very hard to accumulate major positions.


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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Physics has a history of synthesizing many phenomena into a few theories.

Physics has a history of synthesizing many phenomena into a few theories.



My fear of anger taught me nothing.

My fear of anger taught me nothing.



The psyche is a natural phenomenon. All aspects of the psyche, even those which seem pathological or destructive, actually serve the function of furthering our psychological development.

The psyche is a natural phenomenon. All aspects of the psyche, even those which seem pathological or destructive, actually serve the function of furthering our psychological development.



Back to thy punishment, False fugitive, and to thy speed add wings.

Back to thy punishment, False fugitive, and to thy speed add wings.



There is a kind of magicness about going far away and then coming back all changed.

There is a kind of magicness about going far away and then coming back all changed.



Perhaps the old literacy of words is dying and a new literacy of images is being born. Perhaps the printed page will disappear and even our records be kept in images and sounds.

Perhaps the old literacy of words is dying and a new literacy of images is being born. Perhaps the printed page will disappear and even our records be kept in images and sounds.



If I had my way, I'd always be onstage. But I won't always be able to be onstage.

If I had my way, I'd always be onstage. But I won't always be able to be onstage.



Were you proposing to shoot these people in cold blood, sergeant?" "Nossir. Just a warning shot inna head, sir.

Were you proposing to shoot these people in cold blood, sergeant?" "Nossir. Just a warning shot inna head, sir.



I've been blessed with good eyebrows, and I've worked very hard for them. Get a good brow pencil, fill them in a bit, make them perfect, and I guarantee you'll feel better. At least it works for me.

I've been blessed with good eyebrows, and I've worked very hard for them. Get a good brow pencil, fill them in a bit, make them perfect, and I guarantee you'll feel better. At least it works for me.




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This page presents the quote "It took us months of buying all the Coke stock we could to accumulate $1 billion worth - equal to 7% of the company. It's very hard to accumulate major positions.". Author of this quote is Charlie Munger. This quote is about months, coke, equal, buying, company, hard,.