RIP Charlie Munger : Farewell to an Icon of Investing

Dear Mr. Market:

In the world of finance and investing, the passing of a visionary figure leaves an indelible mark on the landscape they helped shape. Today, we bid farewell to an icon, a man whose wisdom and wit transcended the realms of business and life itself. Charlie Munger, the renowned investor, philanthropist, right hand man of Warren Buffett and Vice Chairman of Berkshire Hathaway, passed away today, but his legacy endures through the profound insights he shared with the world.

Charlie Munger was a man who not only navigated the complexities of the financial world but also imparted invaluable lessons on success, rationality, and the pursuit of knowledge. Join us as we explore the essence of Charlie Munger’s wisdom through ten of our favorite quotes he shared over his 99 years of life:

Read more: RIP Charlie Munger : Farewell to an Icon of Investing

1. “Spend each day trying to be a little wiser than you were when you woke up.”

2. “The first rule of a happy life is low expectations.”

3.”The big money is not in the buying and selling, but in the waiting.”

4. “The best thing a human being can do is to help another human being know more.”

5. “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

6. “You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time.”

7. “In my whole life, I have known no wise people who didn’t read all the time — none, zero.”

8. “The game of life is the game of everlasting learning. At least it is if you want to win.”

9. “The best way to get what you want in life is to deserve what you want.”

10.”Understanding how to be a good human being and a good spouse, parent, and citizen is, in fact, a big part of what business schools should be teaching.”

These Charlie Munger quotes emphasize continuous learning, patience, humility, and the importance of ethical behavior in both personal and professional life. Nowadays, sage advice and sometimes simple common sense like his is lacking and so very much needed.

Rest in peace Mr. Munger.

Leave a comment