Investing legend and quote luminary, Charlie Munger, passed away at age 99.
Much wisdom comes from Charlie’s words.
A few of my favorite Charlie Munger quotes:
1) “Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.”
2) "How to find a good spouse? The best single way is to deserve a good spouse...To get what you want, you have to deserve what you want."
3) "I think a life properly lived is just learn, learn, learn all the time."
4) "I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do."
5) "The big money is not in the buying and selling, but in the waiting."
6) “Every time you hear EBITDA, just substitute it with bullshit”.
7) "If you’re not willing to react with equanimity to a market price decline of 50% two or three times a century, you’re not fit to be a common shareholder and you deserve the mediocre result you’re going to get."
8) "Always take the high road, it's far less crowded."