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.”
“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.”
“There is no better teacher than history in determining the future... There are answers worth billions of dollars in 30$ history book.”
“How to find a good spouse?
-the best single way is to deserve a good spouse.”
“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.”
“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.”
“What are the secret of success?
-one word answer :"rational”
“The best armour of old age is a well spent life perfecting it.”
“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.”
“The best armour of old age is a well spent life preceding it.”
“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.”
“I think that, every time you see the word EBITDA, you should substitute the words "bullshit earnings.”
“Why do you like Hugh better? Because he is a Viscount?'
'Well, that's one reason,' I admitted, without any false shame. Respect for degree was in my blood and I didn't think of it as snobbery.”
“... time is a master of ceremonies who always ends up putting us in our rightful place, we advance, stop, and retreat according to his orders, our mistake lies in imagining that we can catch him out.”
“Fights don't solve matters, they just make things worse. (Diary 19)”
“Distorted, clawed hands hung the bag of precious herbs around the thick, muscular neck of the wolf, and then the animal took off in a dead run, racing the climbing sun as it burned away the thick cloud covering. Fur began to smoke, and blisters rose beneath the thick pelt.
Thunder cracked unexpectedly. Thick black clouds, heavy with rain, blew across the sky, providing Mikhail with dense cover from the sun. The storm rolled in over the forest fast, with wild winds kicking up leaves and swaying branches. A bolt of lightning sizzled across the sky in a fiery whip of dancing light. The sky darkened to an ominous cauldron of boiling clouds. Mikhail bounded into the cave and raced along the narrow maze of passages toward the main chamber, shape-shifting as he ran.
Gregori’s cool silver gaze slid over him as Mikhail relinquished the herbs. “It is a wonder you have been able to tie your shoes without me all of these centuries.”
Mikhail sank down beside his brother, one hand over his burning eyes. “It is more of a wonder you have stayed alive with your ostentatious displays. Remind me to remove my impressionable brother from your disrespectful presence before your winning ways rub off on him.”
“Strange to be a man and never grow big with child. To feel a part of you opening, and a part of you leaving, and howling as if it were not a part of you.”
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