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. - Charlie Munger

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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.

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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

First (prescription for misery), be unreliable. Do not faithfully do what you have engaged to do. If you will only master this one habit, you will more that counterbalance the combined effect of all your virtues, howsoever great. If you like being distrusted and excluded from the best human contribution and company, this prescription is for you. Master this one habit, and you will always play the role of the hare in the fable, except that instead of being outrun by the one fine turtle, you will be outrun by hordes and hordes of mediocre turtles and even some mediocre turtles on crutches.

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In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time — none, zero. You'd be amazed at how much Warren reads — and at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out.

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