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.
Charlie MungerDevelop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.
Charlie MungerA rough rule in life is that an organization foolish in one way in dealing with a complex system is all too likely to be foolish in another.
Charlie MungerWell the open-outcry auction is just made to turn the brain into mush: you've got social proof, the other guy is bidding, you get reciprocation tendency, you get deprival super-reaction syndrome, the thing is going away... I mean it just absolutely is designed to manipulate people into idiotic behavior.
Charlie Munger