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It is not always recognized that to unction best, morality should sometimes appear unfair, like most worldly outcomes. The craving for perfect fairne… - 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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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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First, there’s mathematics. Obviously, you’ve got to be able to handle numbers and quantities — basic arithmetic. And the great useful model, after compound interest, is the elementary math of permutations and combinations. That was taught in my day in the sophomore year in high school. I suppose by now, in great private schools, it’s probably down to the eighth grade or
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