Charlie Munger Quotes
Charlie munger quotes
“Knowing what you don't know is more useful than being brilliant.” “Acknowledging what you don't know is the dawning of wisdom.” Identify your circle of competence and use your knowledge, when possible, to stay away from things you don't understand. There are no points for difficulty at work or in life.
What is Warren Buffett's famous quote?
“Price is what you pay, value is what you get.” This famous Buffett quote strikes at the heart of the “value investor” approach and reveals the secret of how Buffett made his fortune.
What did Charlie Munger say about Bitcoin?
Charlie Munger says crypto is a bad combo of fraud and delusion — 'good for kidnappers' Berkshire Hathaway Vice Chairman Charlie Munger, a longtime cryptocurrency skeptic, said digital currencies are a malicious combination of fraud and delusion. “This is a very, very bad thing.
What is Charlie Munger famous for?
Charles “Charlie” Munger, a longtime resident of Pasadena, California, is perhaps best known as the Vice Chairman of the world's greatest compound interest machine: Berkshire Hathaway, Inc.
What is Warren Buffett's motto?
Warren Buffett's Motto “It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”
What Warren Buffett said about Bitcoin?
One of the main reasons Buffett doesn't like Bitcoin is that it doesn't produce anything tangible. Buffett also said that he wouldn't purchase all of the Bitcoin in the world for just $25 if he had the opportunity.
What is Bill Gates most famous quote?
“It's fine to celebrate success, but it is more important to heed the lessons of failure.”
What is the most famous line of all time?
Famous Movie Quotes
- “ May the Force be with you.” - Star Wars, 1977.
- “ There's no place like home.” - The Wizard of Oz, 1939.
- “ I'm the king of the world!” -
- “ Carpe diem. ...
- “ Elementary, my dear Watson.” - ...
- “ It's alive! ...
- “ My mama always said life was like a box of chocolates. ...
- “ I'll be back.” -
Does Mark Zuckerberg have a famous quote?
1. "In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks." --From an October 2011 interview at Y Combinator's Startup School in Palo Alto, California. 2. "The question isn't 'What do we want to know about people?'
Will Bitcoin go to zero?
While Bitcoin has a history of recovering after crashes, such a recovery could take months or years. And if investors continue to sell, Bitcoin's price could go much lower before it comes back up. While unlikely, there's also a possibility that Bitcoin could go to zero following a massive sell-off.
Does Buffett buy Bitcoin?
Warren Buffett doesn't directly own any Bitcoin.
WHO said Bitcoin will go to zero?
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| 27 | 28 | 29 |
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| 18 | 19 | 20 |
Why Munger is called the city of guns?
The origin Munger district has a 200-year-old association with indigenous gun-making. During the First World War the gun manufacturers here came into prominence by developing the cartridge gun. During Indo-China War of 1962, the Defence ministry required 410-bore musket, which was produced by Munger Ordinance Factory.
What is the literacy rate of Munger?
In education section, total literates in Munger city are 146,507 of which 82,590 are males while 63,917 are females. Average literacy rate of Munger city is 80.14 percent of which male and female literacy was 84.90 and 74.72 percent.
What did Charlie Munger say about Elon Musk?
Elon Musk has done some good things that others couldn't do.” “We haven't had a successful new auto company in a long, long time. What Tesla has done in the car business is a minor miracle,” Munger said. Tesla became one of the most valuable companies in the world, with a market capitalization over $600 billion.
What are 5 famous quotes?
Quotes by Famous People
- The greatest glory in living lies not in never falling, but in rising every time we fall. -
- The way to get started is to quit talking and begin doing. - ...
- Your time is limited, so don't waste it living someone else's life. ...
- If life were predictable it would cease to be life, and be without flavor. -
What is Warren Buffett's 90 10 rule?
What Is the 90/10 Strategy? Legendary investor Warren Buffett invented the “90/10" investing strategy for the investment of retirement savings. The method involves deploying 90% of one's investment capital into stock-based index funds while allocating the remaining 10% of money toward lower-risk investments.
What is Warren Buffett's 5 25 rule?
Buffett replied with a three-step approach to solving the problem. The story is that he first asked Flint to write down his 25 professional priorities and then circle the 5 most important items, leaving Flint with two separate lists: the 20 less important goals, his B-list, and the top 5 goals, his A-list.
Does Bill Gates believe in Bitcoin?
Bill Gates is not a fan of cryptocurrencies or non-fungible tokens.
Does Bill Gates own Bitcoin?
"I don't own any. I like investing in things that have valuable output," Mr Gates, 66, said.
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