Charlie Munger Quotes

Success tempts many to their ruin.

Be careful of hubris about ideas—especially your own. Remember always, that there is one commonality between all the good ideas that were ever created and all the bad ideas: The people you created them thought that they were good ideas.

Success can breed all kinds of other behavior and cause companies to behave a certain way that isn't necessarily the ingredients for achieving more success. For instance, with success comes arrogance, and that's typically the death of success.

The ambition and focus that propel you to success can also be your downfall.

In fashion, the minute you say, 'I am successful,' is the minute you are going down.

Success has ruined many a man.

Success breeds complacency. Complacency breeds failure. Only the paranoid survive.

The tragedy of life is often not in our failure, but rather in our complacency; not in our doing too much, but rather in our doing too little; not in our living above our ability, but rather in our living below our capacities.

How fortune brings to earth the over-sure!

We've seen a lot of people self-destruct because of a small taste of success.

Be careful of success; it has a dark side.

The publishing scene in India is evolving rapidly, and the key challenge is to keep reinventing oneself so that one does not become formulaic. Sometimes it is safer to deal with the consequences of failure than the fruits of success. Remaining on one's toes is critical, and often one finds that success makes one complacent.

When you were riding on the crest of a wave, youwere most likely to be missing out on something.

The minute I get a big head and start acting like the big man on campus, it's all downhill from there.

I had arrived years ago in Paris and just wanted to be famous, fast. When you're pretentious like that, and you think you've planned everything perfectly, it's then that everything goes in the opposite way.

Nothing fails like success.

I got by on talent. That was my fatal mistake.

Success is a lousy teacher. It seduces smart people into thinking they can't lose.

I think it's dangerous to think that you're successful, because then you become complacent.

Nothing wilts faster than laurels that have been rested upon.

Whenever I've had success, I never learn from it. Success usually breeds a degree of hubris. When you fail, that's when you learn.

When you have success, people think you know what you're doing, and you start to agree with them, you think you can conquer the world. But you go from grandiosity to panic.

Daring ideas are like chessmen moved forward; they may be beaten, but they may start a winning game.

It seems that every time I stick my neck out, I get my foot into something else.

Nothing recedes like success.