Quotes from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger

Charles T. Munger ·  512 pages

Rating: (3.6K votes)


“In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time -- none, zero. You'd be amazed at how much Warren reads--and at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day-if you live long enough-like most people, you will get out of life what you deserve.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“There is no better teacher than history in determining the future... There are answers worth billions of dollars in 30$ history book.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“How to find a good spouse?
-the best single way is to deserve a good spouse.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group…then to hell with them.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger



“It takes character to sit with all that cash and to do nothing.
I didn't get top where I am by going after mediocre opportunities.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“What are the secret of success?
-one word answer :"rational”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“The best armour of old age is a well spent life perfecting it.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“In my whole life, I have known no wise people (over a board subject matter area) who didn't read all the time - none, zero. You'd be amazed how much Warren reads - and at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“The best armour of old age is a well spent life preceding it.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger



“The reason we avoid the word "synergy" is because people generally claim more synergistic benefits than will come. Yes, it exists, but there are so many false promises. Berkshire is full of synergies - we don't avoid synergies, just claims of synergies.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


“I think that, every time you see the word EBITDA, you should substitute the words "bullshit earnings.”
― Charles T. Munger, quote from Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


About the author

Charles T. Munger
Born place: in Omaha, The United States
Born date January 1, 1924
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