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Charlie Munger Quotes: The liabilities are always 100 percent good. It's the assets you have to worry about.
         

The liabilities are always 100 percent good. It's the assets you have to worry about.


Charlie Munger
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"Charlie Munger Quotes." Quoteslyfe.com, 2024. Sun. 03 Nov. 2024. <https://www.quoteslyfe.com/quote/The-liabilities-are-always-100-percent-good-460988>.





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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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We are in a mutually dependent society, called civilization, and government is the oil that keeps it running and the lifeblood that carries oxygen to the various parts of the civic body.

We are in a mutually dependent society, called civilization, and government is the oil that keeps it running and the lifeblood that carries oxygen to the various parts of the civic body.



Becoming nothing and no one was something she knew how to do.

Becoming nothing and no one was something she knew how to do.



I love live music. I love going to the event. And to know them as people and to have seen the Grateful Dead grow up and become who they are is so incredibly special.

I love live music. I love going to the event. And to know them as people and to have seen the Grateful Dead grow up and become who they are is so incredibly special.



It's not always plain sailing... especially when you're flying!

It's not always plain sailing... especially when you're flying!



I loved, as I still love, the most monotonous life possible.

I loved, as I still love, the most monotonous life possible.



The pilot channel is doing what was expected. It is abating dust and giving us an inkling of what the area will look like when it is restored .

The pilot channel is doing what was expected. It is abating dust and giving us an inkling of what the area will look like when it is restored .



The road does not always bring out the best in people.

The road does not always bring out the best in people.



Getting a divorce is nearly always as cheerful and useful an occupation as breaking valuable china.

Getting a divorce is nearly always as cheerful and useful an occupation as breaking valuable china.



It has not been an easy cross to bear. It has caused considerable confusion. My husband constantly complained about the awkwardness of being married to a woman whom he called Sister.

It has not been an easy cross to bear. It has caused considerable confusion. My husband constantly complained about the awkwardness of being married to a woman whom he called Sister.




Quote Description


This page presents the quote "The liabilities are always 100 percent good. It's the assets you have to worry about.". Author of this quote is Charlie Munger. This quote is about liability, percent, worry, assets,.