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Charlie Munger Quotes: When it gets into these spikes, with shortages and uproar and so forth, people go bananas, but that's capitalism.
         

When it gets into these spikes, with shortages and uproar and so forth, people go bananas, but that's capitalism.


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.



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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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Long has black powder been in the hands of dwarves alone. Alas, winds ever change and nothing remains the same forever.Lord Arrlo Salkeld



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I've always thought that reviews and knowing how much your fans appreciate or don't like something, that's the sugar coating. I'm trying not to think about those things.

I've always thought that reviews and knowing how much your fans appreciate or don't like something, that's the sugar coating. I'm trying not to think about those things.



My parents are Italian and British. They live in Berkeley now - we all moved there four years ago.

My parents are Italian and British. They live in Berkeley now - we all moved there four years ago.



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The point of being over 40 is to fulfill the desires you've been harboring since you were 7.



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Quote Description


This page presents the quote "When it gets into these spikes, with shortages and uproar and so forth, people go bananas, but that's capitalism.". Author of this quote is Charlie Munger. This quote is about shortage, people, bananas, capitalism,.