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Warren Buffett calls Charlie Munger as the smartest man he knows. Charlie Munger is the vice chairman of Berkshire Hathaway and Warren Buffett’s longtime friend and business partner, died at age 99.
Charlie Munger suffered a lot in his life. - His son died at the age of nine. - Divorced from wife. - Lost his eye. - Second wife's death. Even after of such adversities, he survived and thrived in Life. Taught us end number of life and investing lessons.
The Powerful Quotes of Charlie Munger:
- I constantly see people rise in life who are not the smartest, sometimes not even the most diligent. But they are learning machines. They go to bed every night a little wiser than they were that morning.
- Those who keep learning, will keep rising in life.
- There will never be any shortage of good people in the world. All you got to do is seek them out and get as many of them as possible into your life. Keep the rest the hell out.
- Like Warren, I had a considerable passion for getting rich, not because I wanted Ferrari’s — I wanted independence. I desperately wanted it.
- The big money is not in buying or selling, but in the waiting.
- You need patience, discipline, and agility to take losses and adversity without going crazy.
