I think that if you have a single payer system and an opt-out for people who want to pay more [for better service, etc.], I think it would be better - and I think we'll eventually get there. It wouldn't be better at the top - [our current system] is the best in the world at the top. But the waste in the present system is awesome and we do get some very perverse incentives.
Charlie MungerAs I continued through Cicero's pages, I found much more material celebrating my way of life.
Charlie MungerA board member should be perfectly willing to leave at any time and willing to make the tough calls.
Charlie Munger