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Munger Charlie’s Followers (13)
Munger Charlie
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“[...The secret to a good life] is easy, because it’s so simple.
You don’t have a lot of envy, you don’t have a lot of resentment, you don’t overspend your income, you stay cheerful in spite of your troubles. You deal with reliable people and you do what you’re supposed to do. And all these simple rules work so well to make your life better. And they’re so trite.
And staying cheerful ... because it’s a wise thing to do. Is that so hard? And can you be cheerful when you’re absolutely mired in deep hatred and resentment? Of course you can’t. So why would you take it on?”
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You don’t have a lot of envy, you don’t have a lot of resentment, you don’t overspend your income, you stay cheerful in spite of your troubles. You deal with reliable people and you do what you’re supposed to do. And all these simple rules work so well to make your life better. And they’re so trite.
And staying cheerful ... because it’s a wise thing to do. Is that so hard? And can you be cheerful when you’re absolutely mired in deep hatred and resentment? Of course you can’t. So why would you take it on?”
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“The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It's just that simple.” - Charlie Munger in Damn Right!, by Janet Lowe”
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Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| Goodreads Librari...: Combine author profiles, Update bio & More | 3458 | 816 | Oct 06, 2025 07:44AM |
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