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Charlie Munger Quotes: Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.
         

Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.


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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It could have been so beautiful.The way I learned and got free and swore to never love another person ever againand it could have been so beautiful, the way I actually did.

It could have been so beautiful.The way I learned and got free and swore to never love another person ever againand it could have been so beautiful, the way I actually did.



Use the same measure for selling that you use for purchasing.

Use the same measure for selling that you use for purchasing.



Get the mind right, the body will follow

Get the mind right, the body will follow



Naming can limit as well as empower.

Naming can limit as well as empower.



If you've been there, no explanation is necessary. If you haven't, none is adequate.

If you've been there, no explanation is necessary. If you haven't, none is adequate.



I kind of consider myself a chameleon in music. I love all sorts of music.

I kind of consider myself a chameleon in music. I love all sorts of music.



When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory relief is needed to make housing more affordable to more Americans.

When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory relief is needed to make housing more affordable to more Americans.



I always choose music based on whatever the scene calls for, or whatever my mood is supposed to be.

I always choose music based on whatever the scene calls for, or whatever my mood is supposed to be.



I think that the needs in human life will change and grow and evolve. I do think that that the importance will always be grander than you would ever believe them to be.

I think that the needs in human life will change and grow and evolve. I do think that that the importance will always be grander than you would ever believe them to be.



My job was to find stocks that were undervalued.

My job was to find stocks that were undervalued.




Quote Description


This page presents the quote "Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.". Author of this quote is Charlie Munger. This quote is about long, long term, history, business, owners, company, shows, chance, surviving,.