There is no better teacher than history — Charlie Munger
"It’s not even a new idea. It’s a very old one"
"We’ll try to keep it where it is, for economic reasons."
"Always carry a book..."
"In any massive failure there are a host of smaller errors..."
"Tranquility lies in not undertaking tasks..."
"It’s not when you get up that matters."
"Liquidate them by the time my margarita arrives."
It may have ushered in the modern era, but at what cost?
"Opportunities abound in bad times as well as good times"
"When the frontiers existed, we could test ourselves against it"