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“The best products tend to be at the center, at the sweet spot, the middle class, rather than being targeted at the upper class.”
― HOW TO GET RICH:
― HOW TO GET RICH:
“Life, in part, is like a poker game, wherein you have to learn to quit sometimes when holding a much-loved hand.”
― Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
― Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
“There are many roads to success, but only one sure road to failure; and that is to try to please everyone else.”
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“The rich get the assets, the poor get the debt, and then the poor have to pay their whole salary to the rich every year just to live in a house. The rich use that money to buy the rest of the assets from the middle class and then the problem gets worse every year. The middle class disappears, spending power disappears permanently from the economy, the rich becoming much fucking richer and the poor, well, I guess they just die.”
― The Trading Game: A Confession
― The Trading Game: A Confession
“Avoid unnecessary transactional taxes and frictional costs; never take action for its own sake.”
― Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
― Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
Brian’s 2025 Year in Books
Take a look at Brian’s Year in Books, including some fun facts about their reading.
Favorite Genres
Business and Psychology
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