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'm used to people with very high IQs knowing how to recognize reality, but there's a huge human tendency where it may be instructive to think that whatever you're doing to succeed is all right. Charlie Munger highhugehuman Change image and share on social
A banker who is allowed to borrow money at X and loan it out at X plus Y will just go crazy and do too much of it if the civilization doesn't have rules that prevent it. Charlie Munger allowbankerborrow Change image and share on social
