Til minne for Charlie Munger som døde nå i kveld i en alder av 99, noen av hans (mange) gullkorn
1. The big money is not in the buying and the selling, but in the waiting.
2. People calculate too much and think too little.
3. Those who keep learning, will keep rising in life.
4. If you keep learning all the time you have a huge advantage.
5. I don’t have a single achievement I’m all that proud of. I set out to have more common sense than most, and I’m pleased I did as well as I did. If I had to do it all over again, I think it’d be a lot harder.
6. Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris – I wanted independence. I desperately wanted it.
7. You must force yourself to consider opposing arguments. Especially when they challenge your best-loved ideas.
8. This habit of committing far more time to learning and thinking than to doing is no accident.
9. There isn’t a single formula. You need to know a lot about business and human nature and the numbers… It is unreasonable to expect that there is a magic system that will do it for you.
Some people talk about the challenges. Others solve them. We have been working over 5 years with 5 advertisers to solve this one. We call it Penelytics. https://t.co/82hNtekOV7