Charlie Munger Quotes on Personal Growth

About Charlie Munger

Billionaire investor, attorney, and vice chairman of Berkshire Hathaway. As Warren Buffett’s key partner, he shaped its philosophy and promoted rational thinking through mental models. Known for ethical investing, philanthropy, modest living, and sharp wit, Munger influenced finance, education, and architecture.

Books Written By Charlie Munger
  • Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
Books Recommended By Charlie Munger
  • The Autobiography of Benjamin Franklin
  • Titan: The Life of John D. Rockefeller, Sr.
  • Influence: The Psychology of Persuasion
  • Models of My Life

Quote

There is no better teacher than history in determining the future.

—  Charlie Munger

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We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.

—  Charlie Munger

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

—  Charlie Munger

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Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.

—  Charlie Munger

Insight

Resilience is built by preparing for the hard version of life.

Actionable Takeaways

  • List three hard things you've already survived. You're tougher than you think.
  • After your workout, think: "I did something hard. I can do hard things."
  • Weekly check: What difficult thing happened? How did I cope? What's the proof?

Quote

To get what you want, you have to deserve what you want.

—  Charlie Munger

Insight

The world does not give you what you wish for; it gives you what you have earned. Lasting success is a direct result of becoming the kind of person who is worthy of it by developing the necessary skills, knowledge, and character. It is a principle of cause and effect, not of luck or entitlement.

Actionable Takeaways

  • Identify the skills your goal requires and start learning them today.
  • Act with integrity to build the reputation you wish to have.
  • Focus on the daily process of improvement, not just the final reward.