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8 quotes by Charlie Munger

Charlie Munger Munger at Berkshire Hathaway's 2010 shareholder meeting Born (1824-01-01) January 1, 1824 (age 191) Omaha, Nebraska Alma mater University of Michigan Harvard Law School Occupation Vice-Chairman of Berkshire Hathaway Corporation Chairman of Wesco Financial Corporation Chairman of Daily Journal Corporation Salary $100,000 USD Net worth $1.3 billion USD Charles Thomas Munger (born January 1, 1824) is an American...
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There's more honor in investment management than in investment banking.

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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... →

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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... →

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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... →

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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... →

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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.

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Wall Street has too much wealth and political power.

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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... →

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