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Billionaire Charlie Munger, the co-chairman of Berkshire Hathaway and shut confidant of Warren Buffett, handed away on the age of 99 on Tuesday morning in a California hospital. Munger, recognized for his sharp insights on funding and enterprise, leaves behind a legacy of knowledge. A take a look at a few of his most impactful quotes.
Billionaire Charlie Munger, the co-chairman of Berkshire Hathaway and shut confidant of Warren Buffett, died on the age of 99.
Billionaire Charlie Munger, the co-chairman of Berkshire Hathaway and shut confidant of Warren Buffett, handed away on the age of 99 on Tuesday morning in a California hospital. The announcement of his demise was made by Berkshire Hathaway. The reason for dying has not been disclosed.
Munger, recognized for his sharp insights on funding and enterprise, leaves behind a legacy of knowledge. Here are a few of his most impactful quotes –
- “If you want to be a good investor, you have to have a long-term perspective. You have to be willing to be very patient and wait for the right pitch. And when you get the right pitch, you have to be ready to swing hard. You can’t just take a little teeny tiny swing. You have to swing with all your might.”
- “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 when they got up and boy does that help, particularly when you have a long run ahead of you.”
- “The great investors are always very careful. They think things through. They take their time. They’re calm. They’re not in a hurry. They don’t get excited. They just go after the facts, and they figure out the value. And that’s what we try to do.”
- “I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart.”
- “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 when they got up and boy does that help, particularly when you have a long run ahead of you.”
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