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Charlie Munger Quotes: We have found in a long life that one competitor is frequently enough to ruin a business.
         

We have found in a long life that one competitor is frequently enough to ruin a business.


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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if you don´t wanna teach don´t waste time learning

if you don´t wanna teach don´t waste time learning



He was kind. People bothered him. He thought we should be more concerned with the world around us and how our actions would affect things years down the road.

He was kind. People bothered him. He thought we should be more concerned with the world around us and how our actions would affect things years down the road.



Empathy is really the opposite of spiritual meanness. It's the capacity to understand that every war is both won and lost. And that someone else's pain is as meaningful as your own.

Empathy is really the opposite of spiritual meanness. It's the capacity to understand that every war is both won and lost. And that someone else's pain is as meaningful as your own.



Women naturally desire the same six things as I; they want their husbands to be brave, wise, rich, generous with money, obedient to the wife, and lively in bed.

Women naturally desire the same six things as I; they want their husbands to be brave, wise, rich, generous with money, obedient to the wife, and lively in bed.



I try to measure the amount of truth in a work rather than just looking at the generic distinction between comedy and drama.

I try to measure the amount of truth in a work rather than just looking at the generic distinction between comedy and drama.



C++ is the best example of second-system effect since OS/360.

C++ is the best example of second-system effect since OS/360.



If we have a common currency, the main regulator for policy in the country is the fiscal policy.

If we have a common currency, the main regulator for policy in the country is the fiscal policy.



In case you're an alien and you're reading this: BITE ME.

In case you're an alien and you're reading this: BITE ME.



Know it for certain that without steady devotion for the Guru and unflinching patience and perseverance, nothing is to be achieved. You must have strict morality.

Know it for certain that without steady devotion for the Guru and unflinching patience and perseverance, nothing is to be achieved. You must have strict morality.



Do not ask the name of the person who seeks a bed for the night. He who is reluctant to give his name is the one who most needs shelter.

Do not ask the name of the person who seeks a bed for the night. He who is reluctant to give his name is the one who most needs shelter.




Quote Description


This page presents the quote "We have found in a long life that one competitor is frequently enough to ruin a business.". Author of this quote is Charlie Munger. This quote is about long, business, enough, long life, found, ruins,.