Remember that reputation and integrity are your most valuable assets - and can be lost in a heartbeat.
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 MungerProper accounting is like engineering. You need a margin of safety. Thank God we don't design bridges and airplanes the way we do accounting.
Charlie MungerWhile no real money came down, my family gave me a good education and a marvelous example of how people should behave, and in the end that was more valuable than money. Being surrounded by the right values from the beginning is an immense treasure. Warrenhad that. It even has a financial advantage.
Charlie Munger