Charlie Munger Quotes About Winning

Quotes about: Winning

• The game of life is the game of everlasting learning. At least it is if you want to win.

  Charlie Munger

  Winning, Games, Insightful

• ...People need to ask, "How do I play the hand that has been dealt me?" The world is not going to give you extra return just because you want it. You have to be very shrewd and hard working to get a little extra. It's so much easier to reduce your wants. There are a lot of smart people and a lot of them cheat, so it's not easy to win.

  Charlie Munger

  Smart, Hard Work, Winning

• To us, investing is the equivalent of going out and betting against the pari-mutuel system. We look for a horse with one chance in two of winning, and that pays three to one. In other words, we're looking for a mispriced gamble. That's what investing is, and you have to know enough to know whether the gamble is mispriced.

  Charlie Munger

  Horse, Winning, Two

• The way to win is to work, work, work, work and hope to have a few insights And you're probably not going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up. It's just that simple.

  Charlie Munger

  Smart, Winning, Simple

• Every business tries to turn this year's success into next year's greater success. It's hard for me to see why Microsoft is sinful to do this. If it's a sin, then I hope all of Berkshire Hathaway's subsidiaries are sinners. Someone whose salary is paid by U.S.taxpayers is happy to dramatically weaken the one place where we're winning big?!

  Charlie Munger

  Winning, Years, Trying

• The only way to win is to work, work, work, work, and hope to have a few insights

  Charlie Munger

  Winning, Way, Insight

• Stock-picking is like gambling: those who win well, seldom bet, but when they do, they bet heavily.

  Charlie Munger

  Winning, Gambling, Wells

• In business we often find that the winning system goes almost ridiculously far in maximizing and or minimizing one or a few variables - like the discount warehouses of Costco.

  Charlie Munger

  Winning, Investing, Variables

• In investment management today, everybody wants not only to win, but to have a yearly outcome path that never diverges very much from a standard path except on the upside. Well, that is a very artificial, crazy construct. That's the equivalent in investment management to the custom of binding the feet of Chinese women

  Charlie Munger

  Crazy, Winning, Feet

• We look for a horse with one chance in two of winning and which pays you three to one.

  Charlie Munger

  Horse, Winning, Two

• So you can get very remarkable investment results if you think more like a winning pari-mutuel player. Just think of it as a heavy odds against game full of craziness with an occasional mispriced something or other. And you're probably not going to be smart enough to find thousands in a lifetime. And when you get a few, you really load up. It's just that simple.

  Charlie Munger

  Smart, Winning, Simple

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