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Charlie Munger Quotes: Wrigley is a great business, but that doesn't solve the problem. Buying great businesses at advantageous prices is very tough.
         

Wrigley is a great business, but that doesn't solve the problem. Buying great businesses at advantageous prices is very tough.


Charlie Munger
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"Charlie Munger Quotes." Quoteslyfe.com, 2024. Sun. 24 Nov. 2024. <https://www.quoteslyfe.com/quote/Wrigley-is-a-great-business-but-that-460986>.





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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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There's nothing that allays an angry mind So soon as a sweet beauty.

There's nothing that allays an angry mind So soon as a sweet beauty.



[You're voice acting] and you're screaming and yelling you can't help but sort of physicalize things. The next day I'm usually sore in some weird part of my body.

[You're voice acting] and you're screaming and yelling you can't help but sort of physicalize things. The next day I'm usually sore in some weird part of my body.



I get to pretend I'm flying into space, and hang out with my friends. That's what I do for a living.

I get to pretend I'm flying into space, and hang out with my friends. That's what I do for a living.



At the cross in holy love God through Christ paid the full penalty of our disobedience himself.

At the cross in holy love God through Christ paid the full penalty of our disobedience himself.



The time between meeting, and finally leaving is sometimes called falling in love.

The time between meeting, and finally leaving is sometimes called falling in love.



The State is, and always has been, the great single enemy of the human race, its liberty, happiness, and progress.

The State is, and always has been, the great single enemy of the human race, its liberty, happiness, and progress.



To read of a detective's daring finesse or ingenious stratagem is a rare joy.

To read of a detective's daring finesse or ingenious stratagem is a rare joy.



All my wire sculptures come from the same loop. And theres only one way to do it. The idea is to do it simply, and you end up with a shape.

All my wire sculptures come from the same loop. And theres only one way to do it. The idea is to do it simply, and you end up with a shape.



Many plays - certainly mine - are like blank checks. The actors and directors put their own signatures on them.

Many plays - certainly mine - are like blank checks. The actors and directors put their own signatures on them.




Quote Description


This page presents the quote "Wrigley is a great business, but that doesn't solve the problem. Buying great businesses at advantageous prices is very tough.". Author of this quote is Charlie Munger. This quote is about great business, problem, solve, buying, tough,.