Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Charlie Munger Quotes: Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.
         

Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.


Charlie Munger
Check all other quotes by Charlie Munger

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Charlie Munger Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/Stock-picking-is-like-gambling-those-who-460862>.





Check out


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.





Other quotes you may like


A criminal mind needs consideration rather than the criminal itself. In truth, there are more criminals than those who committed a crime.

A criminal mind needs consideration rather than the criminal itself. In truth, there are more criminals than those who committed a crime.




Opportunity knocks but once.

Opportunity knocks but once.



Jesus Christ was a simple man walked around, did a few miracles, said a few things and died. It was enough for him to say what he felt and glow with the light of eternity.

Jesus Christ was a simple man walked around, did a few miracles, said a few things and died. It was enough for him to say what he felt and glow with the light of eternity.



Age acquires no value save through thought and discipline

Age acquires no value save through thought and discipline



I've been accused of bad taste, and I'll go down to my grave accused of it and always by the same people, the ones who eat in restaurants that reserve the right to refuse service to anyone.

I've been accused of bad taste, and I'll go down to my grave accused of it and always by the same people, the ones who eat in restaurants that reserve the right to refuse service to anyone.



Maybe money is unreal for most of us, easier to give away than things we want.

Maybe money is unreal for most of us, easier to give away than things we want.



Black people lived right by the railroad tracks and the train would shake their houses at night. I would hear it as a boy and I thought: I'm gonna make a song that sounds like that.

Black people lived right by the railroad tracks and the train would shake their houses at night. I would hear it as a boy and I thought: I'm gonna make a song that sounds like that.



But in another, I think a woman's going to go into a shop to find a coat or a jacket and I just don't think she's not going to go into a shop because of a bad review she probably didn't even read.

But in another, I think a woman's going to go into a shop to find a coat or a jacket and I just don't think she's not going to go into a shop because of a bad review she probably didn't even read.




Quote Description


This page presents the quote "Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.". Author of this quote is Charlie Munger. This quote is about gambling, wells, winning,.