You have to have a temperament to grab ideas and do sensible things. Most people donโt grab the right ideas or donโt know what to do with them.
Charlie MungerThree rules for a career: 1) Donโt sell anything you wouldnโt buy yourself; 2) Donโt work for anyone you donโt respect and admire; and 3) Work only with people you enjoy.
Charlie MungerWrigley is a great business, but that doesn't solve the problem. Buying great businesses at advantageous prices is very tough.
Charlie MungerThereโs no way that you can live an adequate life without many mistakes. In fact, one trick in life is to get so you can handle mistakes. Failure to handle psychological denial is a common way for people to go broke.
Charlie Munger