As he says, “We have three baskets for investing: yes, no, and too tough to understand. - Charlie Munger

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As he says, “We have three baskets for investing: yes, no, and too tough to understand.

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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

In my whole life, I have known no wise people who didn't read all the time — none, zero

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The best antidote to folly from an excess of self-regard is to force yourself to be more objective when you are thinking about yourself, your family and friends, your property, and the value of your past and future activity. This isn't easy to do well and won't work perfectly but it will work much better than simply letting psychological nature take its normal course.

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