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Charlie Munger Quotes: There's more honor in investment management than in investment banking.
         

There's more honor in investment management than in investment banking.


Charlie Munger
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There's more honor in investment management than in investment banking.
         



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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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Freedom - that word that the human spirit feeds: that no one can explain, and anyone who does not understand.

Freedom - that word that the human spirit feeds: that no one can explain, and anyone who does not understand.



Circus can't just be beautiful. It has to be weird. It has to be frightening.

Circus can't just be beautiful. It has to be weird. It has to be frightening.



Can words such as Orthodox, Jew, or Catholic really express some sort of exclusive personal virtues or merits?

Can words such as Orthodox, Jew, or Catholic really express some sort of exclusive personal virtues or merits?



But Chrysippus, Posidonius, Zeno, and Boëthus say, that all things are produced by fate. And fate is a connected cause of existing things, or the reason according to which the world is regulated.

But Chrysippus, Posidonius, Zeno, and Boëthus say, that all things are produced by fate. And fate is a connected cause of existing things, or the reason according to which the world is regulated.



I know of no better name than Anarchism.

I know of no better name than Anarchism.



The NFL offensive blocking is played differently; they use their hands instead of their head and shoulders.

The NFL offensive blocking is played differently; they use their hands instead of their head and shoulders.



I'm having fun opening up. Sort of struggling to get the audience into it. It's good. It makes you fight. Not fight like antagonistic. But fight for what you believe.

I'm having fun opening up. Sort of struggling to get the audience into it. It's good. It makes you fight. Not fight like antagonistic. But fight for what you believe.



In the Soviet Union, for instance, the pressure on the chess stars was immense. When Boris Spassky came home after losing that match, he found he no longer had an apartment in Moscow.

In the Soviet Union, for instance, the pressure on the chess stars was immense. When Boris Spassky came home after losing that match, he found he no longer had an apartment in Moscow.



I get letters from women, and they say, 'I love your Roman nose.' If I weren't on TV and I walked past that same woman, she'd go, 'Did you see the beak on that guy?'

I get letters from women, and they say, 'I love your Roman nose.' If I weren't on TV and I walked past that same woman, she'd go, 'Did you see the beak on that guy?'



Humour is the making others act or talk absurdly and unconsciously; wit is the pointing out and ridiculing that absurdity consciously, and with more or less ill-nature.

Humour is the making others act or talk absurdly and unconsciously; wit is the pointing out and ridiculing that absurdity consciously, and with more or less ill-nature.




Quote Description


This page presents the quote "There's more honor in investment management than in investment banking.". Author of this quote is Charlie Munger. This quote is about management, honor,.