🧵Charlie Munger is known for his witty, short hand comments and simplifying complex ideas.
So I asked ChatGPT for Munger’s 10 best quotes under 280 characters each ⬇️
So I asked ChatGPT for Munger’s 10 best quotes under 280 characters each ⬇️
1/ "I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do."
2/ "The four most dangerous words in business are: 'Everybody else is doing it.'"
3/ "The first rule of compounding: Never interrupt it unnecessarily."
4/ “The best businesses are the ones that can deliver high quality goods or services at a very low cost."
5/ "The difference between successful people and really successful people is that really successful people say no to almost everything."
6/ "The most important thing to do if you find yourself in a hole is to stop digging."
7/ "The only thing that matters in investing is determining the intrinsic value of a business and paying a fair price."
8/ "If you're not willing to act on your beliefs, then they are just opinions and not worth much."
9/ "Successful investing requires discipline, patience, and a long-term perspective”
10/ “invert, always invert”.
Loading suggestions...