Charlie Munger's Top 10 Quotes for Every Investor

The first rule of compounding: Never interrupt it unnecessarily.

I think that one should recognize the reality even when one doesn't like it; indeed, especially when one doesn't like it.

One person told me,"I have a list of 300 potentially attractive stocks & I constantly track them, waiting for just one of them to get cheap enough to buy." Well, that's a reasonable thing to do. But how many people have that kind of discipline? Not one in 100.

People calculate too much and think too little. Thinking is a surprisingly underrated activity in investing. People who cannot be alone with their own thoughts for a long time are terrible candidates to become successful investors.

We don’t care about quarterly earnings and are unwilling to manipulate in any way to make some quarter look better.

To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of undeserving people.

The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.

All I want to know is where I'm going to die so I'll never go there.

Read: Timeless Productivity Quotes From History’s Great Minds!

Thanks For Reading.