751 Quotes by Charlie Munger

In fact I've probably never seen such a wide moat.

We have found in a long life that one competitor is frequently enough to ruin a business.

The best armor of old age is a well-spent life preceding it.

I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do.

A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business

If you, like me, lived through 1973-74 or even the early 1990s... There was a waiting list to get OUT of the country club - that's when you know things are tough. If you live long enough, you'll see it.

I don't think vengeance is much good.

Someone will always be getting richer faster than you. This is not a tragedy.

When you borrow a man's car, always return it with a tank of gas.