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Charlie Munger Quotes: Strategic plans cause more dumb decisions than anything else in America.
         

Strategic plans cause more dumb decisions than anything else in America.


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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No good will remain unrewarded, if not by men, then by God.

No good will remain unrewarded, if not by men, then by God.



There are three things in life...not worrying what they are, not caring what others may think they are, and enjoying the wonder of what they might be.

There are three things in life...not worrying what they are, not caring what others may think they are, and enjoying the wonder of what they might be.



I'm happy that I was able to experience a normal life besides show business, because it gives you something to draw from.

I'm happy that I was able to experience a normal life besides show business, because it gives you something to draw from.



I stabbed you. With a massive sword. You caught on fire." His lips twitched, almost imperceptibly. "Okay, so maybe our problems aren't like other couples.

I stabbed you. With a massive sword. You caught on fire." His lips twitched, almost imperceptibly. "Okay, so maybe our problems aren't like other couples.



You can have a great script, or a great director and a bad script, and get a great movie. Nothing really guarantees anything.

You can have a great script, or a great director and a bad script, and get a great movie. Nothing really guarantees anything.



The critic's symbol should be the tumble-bug: he deposits his egg in somebody else's dung, otherwise he could not hatch it.

The critic's symbol should be the tumble-bug: he deposits his egg in somebody else's dung, otherwise he could not hatch it.



To reach peace, teach peace.

To reach peace, teach peace.



Respect gods before demigods, heroes before men, and first among men your parents; but respect yourself most of all.

Respect gods before demigods, heroes before men, and first among men your parents; but respect yourself most of all.



Love alone makes heavy burdens light and bears in equal balance things pleasing and displeasing. Love bears a heavy burden and does not feel it, and love makes bitter things tasteful and sweet.

Love alone makes heavy burdens light and bears in equal balance things pleasing and displeasing. Love bears a heavy burden and does not feel it, and love makes bitter things tasteful and sweet.



It's not just our job to minister to other peoples' needs. We also have to minister to their potential.

It's not just our job to minister to other peoples' needs. We also have to minister to their potential.




Quote Description


This page presents the quote "Strategic plans cause more dumb decisions than anything else in America.". Author of this quote is Charlie Munger. This quote is about strategic, decision, dumb, america, plans,.