10 Best Quotes on Investing Wisely by Charlie Munger

Charlie Munger is one of the most successful stock market investors and a businessman. He is the vice chairman of Berkshire Hathaway and a partner of Warren Buffett. He is widely regarded as an expert-generalist and a polymath.

From 1962 to 1975, Charlie Munger's investment partnership made compound annual returns of 19.8 percent which was 4 times that of Dow Jones Industrial Average which made 5 percent.

He has authored two books, Poor Charlie's Almanack and On Success. His sayings on investing in stock markets are very useful for investors and traders. You will get deep insights on value investing from the quotes of Charlie Munger.

 

10 Best Quotes on Investing Wisely by Charlie Munger

 

1. All intelligent investing is value investing, acquiring more than you are paying for. You must value the business in order to value the stock.

2. People calculate too much and think too little.

3. You need patience, discipline, and an agility to take losses and adversity without going crazy.

4. You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long time.

5. Simplicity has a way of improving performance by enabling us to better understand what we are doing.

6. Invest in a business any fool can run, because someday a fool will. If it won't stand a little mismanagement, it's not much of a business.

7. A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.

8. A great business at a fair price is superior to a fair business at a great price.

9. Knowing that you don’t know is more useful than being brilliant.

10. Acknowledging what you don’t know is the dawning of wisdom.

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