“If you took our top fifteen decisions out, we'd have a pretty average record. It wasn't hyperactivity, but a hell of a lot of patience. You stuck to your principles and when opportunities came along, you pounced on them with vigor.”
"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
"The big money is not in the buying or selling, but in the waiting."
- Charlie Munger
Success
"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
"Don’t stop when you’re tired. Stop when you’re done."
- Unknown
Perseverance
"He that can have patience can have what he will."
- Benjamin Franklin
Perseverance
"You just can’t beat the person who never gives up."
- Babe Ruth
Perseverance
"What I've learned from running is that the time to push hard is when you're hurting like crazy and you want to give up. … Success is often just around the corner."
- James Dyson
Perseverance
"Never give up because great things take time."
- Adrian Williams
Perseverance