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Charlie Munger Quotes: We look for a horse with one chance in two of winning and which pays you three to one.
         

We look for a horse with one chance in two of winning and which pays you three to one.


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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Somewhere between buying 25 friendship bands and passing by the shop with a smile looking at kids buying the bands, we grew up

Somewhere between buying 25 friendship bands and passing by the shop with a smile looking at kids buying the bands, we grew up



Do good.Spread love.Embrace all.Hurt none.

Do good.Spread love.Embrace all.Hurt none.



What strange creatures we are, to find silence peaceful, when permanent silence is the thing we most dread

What strange creatures we are, to find silence peaceful, when permanent silence is the thing we most dread



I don't feel at home in New Orleans. I don't feel at home in Austin or L.A. And I just felt immediately at home in northern Australia.

I don't feel at home in New Orleans. I don't feel at home in Austin or L.A. And I just felt immediately at home in northern Australia.



When a man, a woman, see their little daily tasks as integral portions of the one great work, they are no longer drudges but co-workers with God.

When a man, a woman, see their little daily tasks as integral portions of the one great work, they are no longer drudges but co-workers with God.



If your creed and Scripture do not agree, cut your creed to pieces, but make it agree with this book.

If your creed and Scripture do not agree, cut your creed to pieces, but make it agree with this book.



There's something about the American sensibility that kind of hails people in the public eye. You have a star system. You have that kind of thing where you say, "Good on you for doing that."

There's something about the American sensibility that kind of hails people in the public eye. You have a star system. You have that kind of thing where you say, "Good on you for doing that."



If you wish to advance into the infinite, explore the finite in all directions.

If you wish to advance into the infinite, explore the finite in all directions.



For myself and my own experience now, I don't really need any music. I have enough to listen to with just the sounds of the environment. I listen to the sounds of 6th avenue.

For myself and my own experience now, I don't really need any music. I have enough to listen to with just the sounds of the environment. I listen to the sounds of 6th avenue.



Snap into a Slim Jim!

Snap into a Slim Jim!




Quote Description


This page presents the quote "We look for a horse with one chance in two of winning and which pays you three to one.". Author of this quote is Charlie Munger. This quote is about two, three, horse, one chance, winning,.