The game of life is the game of everlasting learning. At least it is if you want to win.
Charlie MungerIn business we often find that the winning system goes almost ridiculously far in maximizing and or minimizing one or a few variables - like the discount warehouses of Costco.
Charlie MungerI do not think you can trust bankers to control themselves. They are like heroin addicts.
Charlie MungerThere has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn't cover new reality. We want people taking into account new information.
Charlie Munger