Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Monday, September 25, 2017

Charlie Munger's Wisdom






The Thinking of Charlie Munger: Speeches, Quotes, Videos, Transcripts, and Book Recommendations

“Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Systematically you get ahead, but not necessarily in fast spurts. Nevertheless, you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve.” — Charlie Munger
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Charlie Munger is one of the great minds of the 20th century. Below is an attempt to capture that wisdom in one shareable place. 

Charlie Munger

Speeches

Wisdom

Videos

Articles

Books

Book Recommendations

The wit and wisdom of Charlie Munger:

“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

“Just because you like it does not mean that the world will necessarily give it to you.”

“I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge.”




Link: https://www.farnamstreetblog.com/charlie-munger/




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