Charlie Munger Quotes


Litigation is notoriously time-consuming, inefficient, costly and unpredictable.


Citations

Munger, Charles T. Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger. Edited by Peter D. Kaufman, Walsworth Publishing Company, 2005.

Related Quotes

Some democratic cultures are very distrustful of government bureaucracies and prefer to resolve conflicts through the courts where the process in in general much more transparent. The U. S. is not the only example. Israel is even more litigious.


Charlie Munger
Charlie Munger
  • Born: January 1, 1924
  • Nationality: American
  • Profession: Businessman

Charles Thomas Munger is an American billionaire investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his closest partner and right hand man. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.