Pain-Avoiding Psychological Denial One should recognize reality even when one doesn’t like it. - Charlie Munger

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Engraved portrait of Charlie Munger, facing right

Pain-Avoiding Psychological Denial One should recognize reality even when one doesn’t like it.

English
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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 · Portrait adapted from Wikimedia Commons, Nick (CC BY)

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

The third helpful notion is that it is not enough to think problems through forward. You must also think in reverse, much like the rustic who wanted to know where he was going to die so that he’d never go there. Indeed, many problems can’t be solved forward. And that is why the great algebraist Carl Jacobi so often said, “Invert, always invert,” and

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