On the other hand, in copying Jack Welch, I am trying to te… - Charlie Munger

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On the other hand, in copying Jack Welch, I am trying to teach you something. When you don’t know and you don’t have any special competence, don’t be afraid to say so.

Charlie Munger

Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger · December 5, 2023 Verified in 1 source Sign up to see the complete provenance

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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.

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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's an effective sales technique in America to put a foolish projection on a desk. And if you're an investment banker, it's an art form.

It is better to remember the obvious than to grasp the esoteric.

It’s not possible for investors to consistently outperform the market. Therefore you’re best served investing in a diversified portfolio of low-cost index funds [or exchange-traded funds].

On the other hand, in copying Jack Welch, I am trying to teach you something. When you don’t know and you don’t have any special competence, don’t be… - Charlie Munger

About Charlie Munger

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Additional quotes by Charlie Munger