751 Quotes by Charlie Munger

I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned fool.

If you can get really good at destroying your own wrong ideas, that is a great gift.

That's the last thing on Earth you should think about... There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin... It is total insanity.

Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison.

I regard the bitcoin craze as totally asinine to create some manufactured currency.

Most people don't grab the right ideas or don't know what to do with them.

I'm a great admirer of the Trump change of mind about China and making an ally out of China instead of screaming about their trade.

I will say this: I know no wise person who doesn't read a lot. I suspect that you can read on the computer now and get a lot of benefit out of it, but I doubt that it'll work as well as reading print worked for me.

Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.