Charlie Munger Quotes About Hurt
-
Size will hurt returns. Look at Berkshire Hathaway - the last five things Warren has done have generated returns that are splendid by historical standards, but now give him $100 billion in assets and measure outcomes across all of it, it doesn't look so good. We can only buy big positions, and the only time we can get big positions is during a horrible period of decline or stasis. That really doesn't happen very often.
→ -
I feel that by getting rich in the way I did, I think my own example has hurt my own country.
→ -
I don't want to sell credit to people who are going to hurt themselves with it. You should only sell products that are good for the people who use them. Some disagree with this, but I know I'm right. That is to say, you're talking to a Republican who admires Elizabeth Warren.
→
Related Authors
-
Walter Schloss Investor -
Philip Arthur Fisher Author -
Irving Kahn Investor -
Bill Ackman Hedge fund manager -
John C. Bogle Investor -
Bill Gates Investor -
Guy Spier Author -
Jared Fogle Spokesman -
Satya Nadella Executive -
George Soros Business magnate -
Seth Klarman Author -
Warren Buffett Investor -
Mohnish Pabrai Investor -
Peter Lynch Businessman -
Ray Dalio Businessman -
Wilbur Ross Investor -
Joel Greenblatt Manager -
Al-Waleed bin Talal Businessman -
Whitney Tilson Author -
Benjamin Graham Investor