Resist the craving for false precision, false certainties, etc. - Charlie Munger

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Engraved portrait of Charlie Munger, facing right

Resist the craving for false precision, false certainties, etc.

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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

tendencies, two of which are exceptionally prone to cause trouble: 1) incentive-caused bias, a natural cognitive drift toward the conclusion that what is good for the professional is good for the client and the wider civilization; and 2) man-with-a-hammer tendency, with the name taken from the proverb “To a man with only a hammer, every problem tends to look pretty much like a nail.

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it. I don’t mean to say that he’s only had 10 insights. I’m just saying that most of the money came from 10 insights.

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