Wednesday, 4 December 2024

Quotes: Charlie Munger

"The first rule of a happy life is low expectations. If you have unrealistic expectations you're going to be miserable your whole life. You want to have reasonable expectations and take life's results, good and bad, as they happen with a certain amount of stoicism." 

–– Charlie Munger (1924-2023), American philanthropist, investor, and businessman 

Source: Morgan Housel. Same as Ever: A Guide to What Never Changes. New York: Portfolio/Penguin, 2023; p. 34.

via: Sketchbook M 13, 2024, p. 4.

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