Charlie Munger Quotes

Don't let anyone tell you what you ought to like... Some wines that some experts think are absolutely exquisite don't appeal to me at all.

It's very hard to rank performances. It's very difficult, and it doesn't really matter if you rank performances.

It is not surprising that honest and well-informed experts can disagree about facts. But beyond the disagreement about facts, there is another deeper disagreement about values.

Every age thinks its battle the most important of all.

Never accept an expert's opinion if it violates your own because the experts can change their minds.

To appreciate a work of art, is it okay to like what you like, and the heck with the art critics and experts? Absolutely.

Whether it's good for anything or not, cool or totally uncool, in the final analysis what's most important is what you can't see but can feel in your heart.

Pundits forecast not because they know, but because they are asked.

Was it animal pee or human pee? Someone asked. How would I know? What, am I an expert in the study of pee?

Whenever we have something that we are good at--something we care about--that experience and passion fundamentally change the nature of our first impressions.

Don't indulge your theories, think of your children and listen to the experts.

I never met the second happiest man, or the first happiest man, so I can't judge where I fall into that category.

If an outsider perceives 'something wrong' with a core scientific model, the humble and justified response of that curious outsider should be to ask 'what mistake am I making?' before assuming 100% of the experts are wrong.

there is a pernicious tendency to make the opinions of the expert prevail by crowd methods, to rush the people instead of educating them.

The mistake managers often make is defining their industry too narrowly. Digital's market share in the minicomputer market stayed very robust even as it fell off the cliff. Disruption seems to come out of nowhere, but if you know what to look for, you can spot important developments well before the market does.

Egoism is the law of perspective applied to feelings: what is closest appears large and weighty, and as one moves farther away size and weight decrease.

The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.

Republicans can also point to an alternate path. They can draw upon genuine experts to explain what should be done.

I realize that I am not a journalist. So anything I say is not important.

Above literature?' said the Queen. 'Who is above literature? You might as well say one was above humanity.

In the finished article, the only thing that is important is whether it moves you or not. There is nothing else that is important at all.

The most important step in getting a job done is the recognition of the problem. Once I recognize a problem I usually can think of someone who can work it out better than I could.

It is not so much that I have confidence in scientists being right, but that I have so much in nonscientists being wrong.

All claims deserve consideration but some claims are more important than others.

It's important to understand differences in scale and environment.