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Charles Munger quotes

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    I Like this quote I dislike this quote“Why don't I kill your mother and we'll split the insurance money?”

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    I Like this quote I dislike this quote“Those two guys are two of the smartest young men in the country, and it's much better to be copied by people that smart.”

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    I Like this quote I dislike this quote“You have a real asset-price bubble in places like parts of California and the suburbs of Washington, D.C.”

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    I Like this quote I dislike this quote“I know someone who lives next door to what you would actually call a fairly modest house that just sold for $17 million. There are some very extreme housing price bubbles going on .”

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    I Like this quote I dislike this quote“The present era has no comparable referent in the past history of capitalism. We have a higher percentage of the intelligentsia engaged in buying and selling pieces of paper and promoting trading activity than in any past era. A lot of what I see now reminds me of Sodom and Gomorrah. You get activity feeding on itself, envy and imitation. It has happened in the past that there came bad consequences.”

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    I Like this quote I dislike this quote“A great civilization will bear a lot of abuse, but there are dangers in the current situation that threaten anyone who swings for the fences.”

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    I Like this quote I dislike this quote“We just throw some decisions into the 'too hard' file and go onto others.”

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    I Like this quote I dislike this quote“I would rather throw a viper down my shirtfront than hire a compensation consultant.”

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    I Like this quote I dislike this quote“It's worse than that. Those people who wanted to round pi to 3.2 were stupid. These people [the opponents of expensing options] are worse than stupid. They know it's wrong and want to do it anyway.”

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    I Like this quote I dislike this quote“Warren gave a very optimistic prognosis. Some people seem to think there's no trouble just because it hasn't happened yet. If you jump out the window at the 42nd floor and you're still doing fine as you pass the 27th floor, that doesn't mean you don't have a serious problem. I would want to address the problem right now. They'd better face it. ”

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