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Invention: A Life
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“The role of democracy is not to banish disagreement but rather to prevent political disagreements from devolving into armed conflict.”
― Michael C. Munger, The Thing Itself: Essays on Academics and the State

Charles T. Munger
“It’s not possible for investors to consistently outperform the market. Therefore you’re best served investing in a diversified portfolio of low-cost index funds [or exchange-traded funds].”
― Charles T. Munger

Charles     Koch
“Companies are always lobbying for special treatment, but during that recession a large number of them stepped up their pressure on the government for favors. They did so quite effectively—but at the expense of taxpayers and consumers, and to the rigged disadvantage of their competitors.”
― Charles G. Koch, Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies

Mark      Stevens
“For a man who sees all of life as an auction, putting his honor up for bids seemed entirely appropriate.”
― Mark Stevens, King Icahn: The Biography of a Renegade Capitalist

Bethany McLean
“Why do we need long-term fixed-rate mortgages in a world where the work force of the future is going to change jobs and move every three to five years?”
― Bethany McLean, Shaky Ground: The Strange Saga of the U.S. Mortgage Giants

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