99 Years of Charlie Munger Wisdom in 44 Minutes

'Avoiding stupidity is easier than seeking brilliance.' And [Charlie Munger] says, 'Other people spend their whole life trying to be so smart; all I'm trying to do is not be idiotic. It's harder than people think, but this is more important than trying to be brilliant.'

What Munger said was, he goes, 'You make a lot of money when you buy a good company at a good price, but you make all of the money by letting it ride for 20 years.'

The easiest way to get everything that you want is to deserve it.

[Charlie Munger] says, I'm not entitled to an opinion, like I can't have conviction, until I can argue the other side better than someone who believes the other side.