Charlie Munger Dumb Quotations
Charlie Munger Quotes about:
Dumb Quotes from:
- All Dumb Quotes
- George W Bush
- Kurt Vonnegut
- Charlie Munger
- Paris Hilton
- William Shakespeare
- Dan Quayle
- Mahatma Gandhi
- Richard P Feynman
- Warren Buffett
- Bill Cosby
- Hunter S Thompson
- Lisa Kudrow
- Lyndon B Johnson
- Marilyn Manson
- Marilyn Monroe
- Richard M Nixon
- Rick Riordan
- Tupac Shakur
- Will Rogers
- Adam Morrison
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Smart Quotes
At most corporations if you make an acquisition and it turns out to be a disaster, all the paperwork and presentations that caused the dumb acquisition to be made are quickly forgotten. You've got denial, you've got everything in the world. You've got Pavlovian association tendency. Nobody even wants to even be associated with the damned thing or even mention it. At Johnson & Johnson, they make everybody revisit their old acquisitions and wade through the presentations. That is a very smart thing to do. And by the way, I do the same thing routinely.
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Trying Quotes
It's in the nature of stock markets to go way down from time to time. There's no system to avoid bad markets. You can't do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go.