Showing posts with label Coke. Show all posts
Showing posts with label Coke. Show all posts

Friday, September 08, 2006

Charlie Munger in Damn Right! 3



“If you mix raisins with turds, they are still turds.”

“Being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical things, will often dramatically improve the financial results of the lifetime. A few major opportunities clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind, loving diagnosis involving multiple variables. And then all that required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.”


Wednesday, September 06, 2006

Charlie Munger in Damn Right! 1



“To finish first you have to first finish.”

“The rabbit runs faster than the fox, because the rabbit is running for his life while the fox is only running for his dinner.” – Richard Dawkins, “The Selfish Gene”


“You have to learn to be a follower before you become a leader. People should learn to play all roles.”