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Charlie Munger's Profile

Brief about Charlie Munger: By info that we know Charlie Munger was born at 1924-01-01. And also Charlie Munger is American Businessman.

Some Charlie Munger's quotes. Goto "Charlie Munger's quotation" section for more.

I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics than bad.

Tags: End, Good, Money

There's more honor in investment management than in investment banking.

Tags: Honor, Investment, Management

Wall Street has too much wealth and political power.

Tags: Political, Power, Wealth

A banker who is allowed to borrow money at X and loan it out at X plus Y will just go crazy and do too much of it if the civilization doesn't have rules that prevent it.

Tags: Crazy, Money, Rules

Gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold, they invest in productive businesses.

Tags: Family, Gold, Great

I believe Costco does more for civilization than the Rockefeller Foundation. I think it's a better place. You get a bunch of very intelligent people sitting around trying to do good, I immediately get kind of suspicious and squirm in my seat.

Tags: Good, Place, Trying

I'm used to people with very high IQs knowing how to recognize reality, but there's a huge human tendency where it may be instructive to think that whatever you're doing to succeed is all right.

Tags: Human, May, Reality

There's danger in just shoveling out money to people who say, 'My life is a little harder than it used to be.' At a certain place you've got to say to the people, 'Suck it in and cope, buddy. Suck it in and cope.'

Tags: Life, Money, Place
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