Everyone has the idea of owning good companies. The problem is that they have high prices in relations to assets and earnings, and that takes all of the fun out of the game. Charlie Munger assetcompanyearnings Change image and share on social
People are trying to be smart - all I am trying to do is not to be idiotic, but it's harder than most people think. Charlie Munger hardidioticpeople Change image and share on social
I believe Costco does more for civilization than the Rockefeller Foundation. I think it's a better place. You get a bunch of very intelligent people sitting around trying to do good, I immediately get kind of suspicious and squirm in my seat. Charlie Munger bunchcivilizationcostco share on social
