Quotes About Munger

But my favorite story of Munger's flamboyant failures in diplomacy comes from Buffett, who shared it with Pabrai and Guy Spier over lunch in 2008. Munger, who has a glass eye, visited the Department of Motor Vehicles, where a hapless bureaucrat made the unfortunate error of asking him, "Do you still have just one good eye?" Munger replied, "No. I've grown a new one.

The hiring rules are strictly followed, no matter who the applicant. Not long after she graduated from Harvard, Molly Munger applied at Munger, Tolles for an associate's position. She interviewed with Carla Hills, but Hills did not offer her a job, allegedly because Molly had not made the Harvard Law Review. Apparently in Hills estimation, that meant Molly's credentials weren't quite up to Munger, Tolles's standards.4

People, including many of Buffett's friends, were intimidated by Munger's weighty discourses on black holes and Einstein, not to mention his contemptuous manner. Buffett's friend Roxanne Brandt once remarked that the only hospital she knew of in Los Angeles was Cedar Sinai Medical Center. Munger shot back, "That's because you're Jewish.

To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch ofundeserving people.

Naming the plane has not been easy. I initially suggested 'The Charles T. Munger.' Charlie countered with 'The Aberration.' We finally settled on 'The Indefensible.

Envy is a really stupid sin because it's the only one you could never possibly have any fun at. There's a lot of pain and no fun. Why would you want to get on that trolley?

We both insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think. So Warren and I do more reading and thinking and less doing than most people in business.

Warren talks about these discounted cash flows. I've never seen him do one.

Poor Charlie's Almanac: The Wit and Wisdom of Charles T. Munger (Charles T. Munger),

See's candy company was the first high-quality business we ever bought.