Munger's Mindset: 10 Quotes to Shape Your Thinking

The best armor of old age is a well-spent life perfecting it.

Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day-if you live long enough-like most people, you will get out of life what you deserve.

How to find a good spouse? The best single way is to deserve a good spouse.

Two thirds of acquisitions don’t work. Ours work because we don’t try to do acquisitions — we wait for no-brainers.

Envy is a really stupid sin because it’s the only one you could never possibly have fun at. There’s a lot of pain and no fun. Why would you want that?

I think that, every time you see the word EBITDA, you should substitute EBITDA with ‘bullshit earnings’.

Warren talks about these discounted cash flows. I’ve never seen him do one.

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

Thanks For Reading.