The big money is not in the buying or selling, but in the waiting.

More quotes by Charlie Munger

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"Recognize reality even when you don’t like it— especially when you don’t like it."

- Charlie Munger

Awareness

"Don’t drift into self-pity because it doesn’t solve any problems. Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought."

- Charlie Munger

Self-awareness

"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid instead of trying to be very intelligent."

- Charlie Munger

Insight

"If I can be optimistic when I’m nearly dead, surely the rest of you can handle a little inflation."

- Charlie Munger

Optimism

"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent."

- Charlie Munger

Wisdom

More Success Quotes

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"The meeting of preparation with opportunity generates the offspring we call luck."

- Tony Robbins

Success

"There are no shortcuts to any place worth going."

- Beverly Sills

Success

"We are what we repeatedly do. Excellence, therefore, is not an act but a habit."

- Aristotle

Success

"I attribute my success to this: I never gave or took any excuse."

- Florence Nightingale

Success

"Perfection is not attainable, but if we chase perfection, we can catch excellence."

- Vince Lombardi

Success