751 Quotes by Charlie Munger

I'm right, and you're smart, and sooner or later you'll see I'm right.

The quality of the medical care delivered, including the pharmaceutical industry, has improved a lot. I don't think it's crazy for a rich country like the USto spend 15% of GDP on healthcare, and if it rose to 16-17%, it's not a big worry.

Forgetting your mistakes is a terrible error if you are trying to improve your cognition.

There is the sheer amount of Franklin's wisdom. And the talent. Franklin played four instruments. He was the nation's leading scientist and inventor, plus a leading author, statesman, and philanthropist. There has never been anyone like him.

Our success has come from the lack of oversight we've provided, and our success will continue to be from a lack of oversight. But if you're going to provide minimal oversight, you have to buy carefully. It's a different model from GE's. GE's works - it's just very different from ours.

It's a good habit to trumpet your failures and be quiet about your successes.

We don't train executives, we find them. If a mountain stands up like Everest, you don't have to be a genius to figure out that it's a high mountain.

The game of life is the game of everlasting learning. At least it is if you want to win.

This is a good life lesson: getting the right people into your system is the most important thing you can do.