15 Best Charlie Munger Quotes For Traders | TraderLion

Charlie Munger Story

Born in Omaha, Nebraska in 1924, Charlie was raised by a family of modest means. Despite his limited resources, Charlie was determined to make something of himself and enrolled at the University of Michigan Law School after obtaining a scholarship. While there, he became heavily involved in investing and eventually went on to become Warren Buffett’s right-hand man at Berkshire Hathaway. Charlie and Warren have been partners since the 1970s and Charlie has proven to be an invaluable asset to the company due to his sound financial judgment, keen business acumen, and commitment to ethical investing.

Charlie has grown into one of the most respected investors in the world, and his advice on investing, life, and business continues to be sought out by many. Charlie Munger is truly an inspiration for anyone looking to make something of themselves no matter their background or resources.

Munger is publicly known for being very against cryptocurrencies. He even specifically referred to Bitcoin as “noxious poison”. Jim Cramer believes that both Warren Buffett and Charlie’s views on Bitcoin and other cryptos are wrong.

Charlie Munger had a failed eye cataract surgery that left him blind in his left eye.

Charlie Munger Net Worth

Charlie Munger’s current net worth is $1.4 Billion as of 2023.

Charlie Munger Quotes

Those who keep learning will keep rising in life.

Charlie Munger

The best thing a human being can do is to help another human being know more.

Charlie Munger

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You need patience, discipline, and agility to take losses and adversity without going crazy.

Charlie Munger

It’s not supposed to be easy. Anyone who finds it easy is stupid.

Charlie Munger

Knowing that you don’t know is more useful than being brilliant.

Charlie Munger

If you keep learning all the time you have a huge advantage.

Charlie Munger

Like Warren, I had a considerable passion to get rich, not because I wanted Ferrari’s -I wanted the independence. I desperately wanted it.

Charlie Munger

Just the discipline of having to put your thoughts in order with somebody else is a very useful thing.

Charlie Munger

Opportunity comes to the prepared mind.

Charlie Munger

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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.

Charlie Munger

Simplicity has a way of improving performance by enabling us to better understand what we are doing.

Charlie Munger

Live within your income and save so you can invest. Learn what you need to learn.

Charlie Munger

A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.

Charlie Munger

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It’s waiting that helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred -gratification gene, you’ve got to work very hard to overcome that.

Charlie Munger

When you borrow a man’s car, always return it with a tank of gas.

Charlie Munger

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