Recognize reality even when you don't like it-especially when you don't like it. - Charlie Munger - Quotesmemo.com

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The snakes are always against the prohibition of the poisons; and the arms traders, of the arms!

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Charlie Munger

Recognize reality even when you don't like it-especially when you don't like it.

Like, Reality, Recognize

Same Author Quotes

Show me the incentive and I will show you the outcome

Incentive, Incentives, Outcome, Outcomes, Show, Show Me

Our biggest mistakes, were things we didn't do, companies we didn't buy.

Biggest, Biggest Mistake, Companies, Company, Mistake, Things

Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.

Answer, Answers, Assuming, Handle, Tough, Yes

Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.

Advantage, Discipline, Moving, Odds, Understand

'Crowd folly', the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behavior - like investment management practices of many foundations represented here today. It is sad that today each institutional investor apparently fears most of all that its investment practices will be different from practices of the rest of the crowd.

Different, Men, Practice, Practices, Thinking, Under

Similar Quotes

Linus Torvalds

Linus Torvalds

I can't say that I like MicroSoft: I think they make rather bad operating systems - Windows NT is just more of the same - but while I dislike their operating systems and abhor their tactics in the marketplace I at the same time don't really care all that much about them.

Microsoft, Operating, Same, Tactics, Thinking, Windows

Mehmet Murat Ildan

The snakes are always against the prohibition of the poisons; and the arms traders, of the arms!

Arms, Poison, Prohibition, Snakes

Viktor Schauberger

The upholder of the cycles which sustain all Life is water. In every drop of water dwells a deity whom indeed we all serve. There also dwells Life, the soul of the primal substance - water - whose boundaries and banks are the capillaries that guide it, and in which it circulates. Every pulse beat arising through the interaction of will and resistance is indicative of creative work and urges us to care for those vessels, those primary and most vital structures, in which throbs the product of a dualistic power - Life

Beat, Capillaries, Life, Nature, Power, Water

Thabo Mbeki

Thabo Mbeki

A matter that seems to be very clear in terms of the alternative view, is what do you expect to happen in Africa with regard to immune systems, where people are poor, subject to repeat infections and all of that. Surely you would expect their immune systems to collapse.

Alternative, Alternatives, Happen, People, Views

Ilya Ponomarev

Ilya Ponomarev

Putin is not a strategist at all. He has brilliant tactics, but he is a very bad strategist overall. And I think he is acting very opportunistically there, just to play the cards with America. He was very proud of himself when he convinced us to give up on chemical weapons so that it could be played down and prevent an invasion, and that was very helpful for Obama because Obama saved his face and didn't order airstrikes at that very moment. Putin was extremely proud. That's the kind of thing Putin does.

Acting, Cards, Give, Giving Up, Saved, Thinking