Charlie Munger Quotes About Gold

Quotes about: Gold

• I think gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939, but civilized people don't buy gold, they invest in productive businesses.

  Charlie Munger

  Thinking, People, Gold

• I don't have the slightest interest in gold. I like understanding what works and what doesn't in human systems. To me that's not optional; that's a moral obligation. If you're capable of understanding the world, you have a moral obligation to become rational. And I don't see how you become rational hoarding gold. Even if it works, you're a jerk.

  Charlie Munger

  Understanding, Gold, Hoarding

• I regard the amount of brainpower going into money management as a national scandal. When some idiot would get rich, they'd say, 'Well, old Charlie was out in the field playing the big brass tuba on the day it rained gold.' A lot of people have become rich lately who were playing the tuba on the day it rained gold.

  Charlie Munger

  People, Gold, Tubas

• If you have the opportunities of Berkshire, an investment in gold is dumb.

  Charlie Munger

  Opportunity, Dumb, Gold

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