In my life there are not that many questions I can't properly deal with using my $40 adding machine and dog-eared compound interest table.
Charlie MungerYou need to have a passionate interest in why things are happening. That cast of mind, kept over long periods, gradually improves your ability to focus on reality. If you don't have the cast of mind, you're destined for failure even if you have a high I.Q.
Charlie MungerDon't confuse correlation and causation. Almost all great records eventually dwindle.
Charlie MungerWe have to have a special insight, or we'll put it in the 'too tough' basket. All of you have to look for a special area of competency and focus on that.
Charlie Munger