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Charlie Munger Quotes: Why would you want to invest with a guy whose thought process says,
         

Why would you want to invest with a guy whose thought process says, "If a second layer of fees is good, then let's add a third layer.


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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What was youth at best? A green, an unripe time, a time of shallow moods, and sickly thoughts.

What was youth at best? A green, an unripe time, a time of shallow moods, and sickly thoughts.



Justice must always question itself, just as society can exist only by means of the work it does on itself and on its institutions.

Justice must always question itself, just as society can exist only by means of the work it does on itself and on its institutions.



I have talents aplenty. Unfortunately, precious few of them have any redeeming social value.

I have talents aplenty. Unfortunately, precious few of them have any redeeming social value.



If you would be happy, render a kind service, make somebody else happy.

If you would be happy, render a kind service, make somebody else happy.



The fool who thinks he is wise is just a fool. The fool who knows he is a fool is wise indeed.

The fool who thinks he is wise is just a fool. The fool who knows he is a fool is wise indeed.



You can't totally rebel, otherwise you have to go live on your own, on a desert island. It's as simple as that.

You can't totally rebel, otherwise you have to go live on your own, on a desert island. It's as simple as that.



You must love beyond the difference of all religions, all nations, and all races. You are originally one.

You must love beyond the difference of all religions, all nations, and all races. You are originally one.



Tim Powers is a brilliant writer.

Tim Powers is a brilliant writer.




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This page presents the quote "Why would you want to invest with a guy whose thought process says, &quot;If a second layer of fees is good, then let's add a third layer.". Author of this quote is Charlie Munger. This quote is about process, fees, add, guy,.