Dec. 3, 2023
Brilliant Charlie Munger 1924 - 2023
The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.
Go to bed smarter than when you woke up.
The world is not looking for another explanation; the world is looking for solutions.
Remember that reputation and integrity are your most valuable assets—and can be lost in a heartbeat.
In my whole life, I have known no wise people who didn’t read all the time.
Success comes from making rational decisions based on facts, not emotions. Remove the emotional cloud to see the clear path forward.
I think that, every time you see the word EBITDA, you should substitute the words "bullshit earnings.
I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.
Entrepreneur Sara Blakely, the founder of Spanx, on failure:
"When my brother and I were growing up, my father would encourage us to fail. We'd sit around the dinner table, and he'd ask, "What did you guys fail at this week?" If we had nothing to t…
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.
- Henry Ford