How do these super-smart people with all these degrees and higher mathematics end up doing these dumb things? I think it's explainable by the old pro… - Charlie Munger

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How do these super-smart people with all these degrees and higher mathematics end up doing these dumb things? I think it's explainable by the old proverb that to the man with a hammer every problem looks pretty much like a nail. They've learned these techniques and they just twist the problem so it fits the solution — which is not the way to do it.

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About Charlie Munger

Charles Thomas Munger (January 1, 1924 – November 28, 2023) was Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by investor Warren Buffett.

Biography information from Wikiquote

Also Known As

Native Name: Charles Thomas Munger
Alternative Names: Charlie Thomas Munger Charles T. Munger

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Additional quotes by Charlie Munger

It is not always recognized that to unction best, morality should sometimes appear unfair, like most worldly outcomes. The craving for perfect fairness causes a lot of terrible problems in system function. Some systems should be made deliberately unfair to individuals because they'll be fairer on on average for all of us. Thus, there can be virtue in apparent non-fairness.

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