Same topic Authors
Quote of the day

I didn't want to be a boy, ever, but I was outraged that his height and intelligence were graces for him and gaucheries for me.

Popular Topics
Bear, Snows, Gold, Brain, Disco, Intelligent, Adventure, Lifetime, Think, Future, Happy, Important, Technical, Integrity, Goodbye, Life, Lives, Flower, Relationships, Weak, Stories, Movie Love, Amazing Music, Book, Love, Home, Poet, Pleasures Of Life, Identity, America, Poor, Involve, Jesus, Positive, Things In Life, Beauty, Secret, Worry, Life Is Good, Kindness, Faith, House, Once Upon A Time, Thing, Excellent, Culture, Memorable, Thank You, Looking For Love, Leadership
Charlie Munger

The stupid and dishonest accountants allowed the genie of totally inappropriate accounting to descend on derivatives books. And once this has happened - people get status, etc. - it's impossible to get it back into the bottle.

Accountants, Book, Genie, People, Status, Stupid
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