Charlie Munger Quotes About Worry

Quotes about: Worry

• Most people are too fretful, they worry to much. Success means being very patient, but aggressive when it's time.

  Charlie Munger

  Mean, People, Worry

• Missing out on some opportunity never bothers us. What's wrong with someone getting a little richer than you? It's crazy to worry about this.

  Charlie Munger

  Crazy, Opportunity, Worry

• The quality of the medical care delivered, including the pharmaceutical industry, has improved a lot. I don't think it's crazy for a rich country like the USto spend 15% of GDP on healthcare, and if it rose to 16-17%, it's not a big worry.

  Charlie Munger

  Country, Crazy, Thinking

• I have concluded that most PhD economists under appraise the power of the common-stock-based "wealth effect," under current extreme conditions... "Wealth effects" involve mathematical puzzles that are not nearly so well worked out as physics theories and never can be... What has happened in Japan over roughly the last ten years has shaken up academic economics, as it obviously should, creating strong worries about recession from "wealth effects" in reverse.

  Charlie Munger

  Strong, Creating, Worry

  Charlie Munger's speech at the Breakfast Meeting of the Philanthropy Roundtable in Washington, D.C., November 10, 2000.

• The liabilities are always 100 percent good. It's the assets you have to worry about.

  Charlie Munger

  Worry, Assets, Liability

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