“Spend each day trying to be a little wiser than you were when you woke up.
Discharge your duties faithfully and well.
Systematically you get ahead, but not necessarily in fast spurts.
Nevertheless, you build discipline by preparing for fast spurts.
Slug it out one inch at a time, day by day.
At the end of the day – if you live long enough – most people get what they deserve.”

— Charlie Munger


Charlie Munger is one of the great minds of the 20th century. Below is an attempt to capture that wisdom in one shareable place.

Charlie Munger


Daily Journal

Munger is the Chairman of the Daily Journal, a public company based in LA. Every year at the annual shareholders meeting he talks for hours. I take very detailed notes.





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The wit and wisdom of Charlie Munger:

“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

“Just because you like it does not mean that the world will necessarily give it to you.”

“I try to get rid of people who always confidently answer questions about which they don't have any real knowledge.”