Famous Quotes & Sayings

Charlie Munger

The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And most people do not get this straight in their heads. But a fellow like Buffett does. For example, when we were in the textile business, which is a terrible commodity business, we were making low-end textiles-which are a real commodity product. And one day, the people came to Warren and said, "They've invented a new loom that we think will do twice as much work as our old ones."

Charlie Munger

There has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn't cover new reality. We want people taking into account new information.

Charlie Munger

You have a real asset-price bubble in places like parts of California and the suburbs of Washington, D.C.

Charlie Munger

Suppose you were a real estate investor with a 1/3 interest in the best apartment complex in town, the best mall, and the best office building. Would you feel like a poor, undiversified investor? No! But as soon as you get into stocks, people feel this way. Partly, people need to justify their fees.

Charlie Munger

Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine.

Charlie Munger

In the 1930s, there as a stretch here you could borrow more against the real estate than you could sell it for. I think that's hat's going on in today's private-equity world.

Charlie Munger

I'm used to people with very high IQs knowing how to recognize reality, but there's a huge human tendency where it may be instructive to think that whatever you're doing to succeed is all right.

Charlie Munger

Recognize reality even when you don't like it-especially when you don't like it.

Charlie Munger

I try to get rid of people who always confidently answer questions about which they don't have any real knowledge.

Charles Shyer

To call them emotional comedies sounds cloying. Like Billy Wilder said, 'You want to make them laugh and you want to make them cry,' and it's very hard to do so. If you ground it in reality, you get a more honest comedy. You don't have to reach for jokes to manufacture situations as much. And I think it's a type of film I do best.

Charles Sanders Peirce

Over against any cognition, there is an unknown but knowable reality; but over against all possible cognition, there is only the self-contradictory. In short, cognizability (in its widest sense) and being are not merely metaphysically the same, but are synonymous terms.

Charles Sanders Peirce

The real, then, is that which, sooner or later, information and reasoning would finally result in, and which is therefore independent of the vagaries of me and you. Thus, the very origin of the conception of reality shows that this conception essentially involves the notion of a COMMUNITY, without definite limits, and capable of a definite increase of knowledge.

Charles Sanders Peirce

Generality is, indeed, an indispensable ingredient of reality; for mere individual existence or actuality without any regularity whatever is a nullity. Chaos is pure nothing.

Charles Sanders Peirce

The percept is the reality. It is not in propositional form. But the most immediate judgment concerning it is abstract. It is therefore essentially unlike the reality, although it must be accepted as true to that reality. Its truth consists in the fact that it is impossible to correct it, and in the fact that it only professes to consider one aspect of the percept.

Charles Sanders Peirce

One will meet, for example, the virtual assumption that what is relative to thought cannot be real. But why not, exactly? Red is relative to sight, but the fact that this or that is in that relation to vision that we call being red is not itself relative to sight; it is a real fact.

Charles Sanders Peirce

The opinion which is fated to be ultimately agreed to by all who investigate, is what we mean by the truth, and the object represented in this opinion is the real. That is the way I would explain reality.

Charles M. Schwab

The real test of business greatness is in giving opportunity to others.

Charles M. Schwab

The inventor, the man with a unique, specialized talent, is the only real super-genius. But he is so rare that he needs no consideration.

Charles Manson

We're not in Wonderland anymore Alice.

Charles Manson

My reality is my reality, and I stand within myself on my reality.

Charles M. Schulz

I want to know about life! I want some real answers..." "Five." "Five?!" "I thought that was a pretty good answer!

Charles M. Schulz

When they [visitors to his studio:] learn about the six-week daily-strip deadline and the 12-week Sunday-page deadline, a visitor almost never fails to remark: "Gee, you could work real hard, couldn't you, and get several months ahead and then take the time off?" Being, as I said, a slow learner, it took me until last year to realize what an odd statement that really is. You don't work all of your life to do something so you don't have to do it.

Charles Handy

Forget land, buildings, or machines-the real source of wealth today is intelligence, applied intelligence. We talk glibly of "intellectual property" without taking on board what it really means. It isn't just patent rights and brand names; it is the brains of the place.

Charles Handy

The best learning happens in real life with real problems and real people and not in classrooms.

Charles Hodge

In every system of theology, therefore, there is a chapter De libero arbitrio. This is a question which every theologian finds in his path, and which he must dispose of; and on the manner in which it is determined depends his theology, and of course his religion, so far as his theology is to him a truth and reality

Charles H. Percy

Once we recognize the fact that every individual is a treasury of hidden and unsuspected qualities, our lives become richer, our judgement better, and our world is more right. It is not love that is blind, it is only the unnoticing eye that cannot see the real qualities of people.

Charles Frazier

Writing doesn't come real easy to me. I couldn't write a novel in a year. It wouldn't be readable. I don't let an editor even look at it until the second year, because it would just scare them. I just have to trust that all these scraps and dead-ends will find a way.

Benjamin Netanyahu

Well, this is an unfortunate part of the UN institution. It's the - the theater of the absurd. It doesn't only cast Israel as the villain; it often casts real villains in leading roles: Gadhafi's Libya chaired the UN Commission on Human Rights; Saddam's Iraq headed the UN Committee on Disarmament.

Benjamin Netanyahu

So I think we should stay focused on the real problem in the Middle East. It's not Israel. It's these dictatorships that are developing nuclear weapons with the specific goal of wiping Israel away.

Bob Schaffer

The Western media tends to place a lot of emphasis on official institutions in Ukraine such as its supreme court, the central election commission, and the parliament. In reality, the people of Ukraine now control their destiny.

Bob Beamon

I was lucky. My grandmother stepped up for me and said she would take responsibility for me and a compassionate juvenile judge took a chance and gave me one. They were getting ready to send me away to do real time, but they sent me instead to a juvenile alternative day school. And I guess that was the beginning of my turnaround.

Bob Brown

The overarching factor to me is if we can't be kind to each other, we won't be kind to the planet.

Bob Brown

Real life security and contentment come not from putting a gun in the cupboard, but from taking a role in the world's future.