Charlie Munger

I like this....

Buffett on his vice chairman:

"When I call Charlie with an idea and he says, 'That is really a dumb idea,' that means we should put 100% of our net worth into it.

If he says, 'That is the dumbest thing I've ever heard,' then you should put 50% of your net worth into it.

Only if he says, 'I'm going to have you committed,' does it mean he really doesn't like the idea."
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Charlie Munger
Charlie Munger
Reviewed by Pisstol Aer
Published :
Rating : 4.5