#charliemungerquotes

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Learning from the success and failure of others is the fastest way to get smarter and wiser without a lot of pain.
- Charlie Munger.

#25cognitivebiases #bias #mentalframeworks #psychology #entrepreneurs #mentors #investors #charliemunger #influence #rewardbias #marketing #billions #charliemungerquotes #quotes #poorcharliesalmanack

🔥 #CognitiveBiases 4: Self Confirmation Bias by the wise Charlie Munger.⠀
🌍 If you tell yourself something enough, you will start to #believe it.⠀
☯ This can be positive or negative depending on what you've been making yourself believe.⠀
📺 Watch full video on @YouTube! #LinkInTheDescription!

Develop into a lifelong self-learner through voracious reading; cultivate curiosity & strive to become a little wiser every day.
- Charlie Munger.

#25cognitivebiases #bias #mentalframeworks #psychology #entrepreneurs #mentors #investors #charliemunger #influence #rewardbias #marketing #billions #charliemungerquotes #quotes #poorcharliesalmanack

He’s full of wisdom. What’s the best investing advice you’ve ever received?
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#rockefeller #warrenbuffettquotes #intelligentinvestor #charliemungerquotes

The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.
- Charlie Munger.

#25cognitivebiases #bias #mentalframeworks #psychology #entrepreneurs #mentors #investors #charliemunger #influence #rewardbias #marketing #billions #charliemungerquotes #quotes #poorcharliesalmanack

Charles Munger said “To get what to want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of undeserving people”
The world is not perfect and will never be, but it is fairer than it ever was. So if you haven’t had what you want, instead of asking “why not me”, “it’s not fair”, “I’m unlucky” you should ask “do I deserve it”, “have I tried enough”. These Charles Munger’s words of wisdom keep me stay real and focus on improving my deserving factors rather than making excuses or complaining about everything.
#stayreal #bepatient #movingforward #keepmotivated #grattitude #charliemungerquotes

Diversify your income to reduce dependency and risk.

Choose your friends wisely. They say that you are the average of the five people you spend most of your time with. In that case, make sure you spend your time with people better than yourself so that you are improving.

I agree. I own stocks for the long run. I don’t rent them.

Better to have a plan than nothing.

Repost from @25cognitivebiases - .
.There is no better teacher than history in determining the future. There are answers worth billions of dollars in a 30 dollar history book.
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#25cognitivebiases #bias #mentalframeworks #psychology #entrepreneurs #mentors #investors #charliemunger #influence #rewardbias #marketing #billions #charliemungerquotes #quotes #poorcharliesalmanack #sovereignfutures

There is no better teacher than history in determining the future. There are answers worth billions of dollars in a 30 dollar history book.

#25cognitivebiases #bias #mentalframeworks #psychology #entrepreneurs #mentors #investors #charliemunger #influence #rewardbias #marketing #billions #charliemungerquotes #quotes #poorcharliesalmanack

Always remember there’s a difference.

What’s the best lesson you’ve learned from someone else’s mistakes?

When the markets “crash”, dividend growth investors know that they on the same number of shares as they did before the crash. That means that our dividend income remains unchanged. I still sleep at night.

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