The Quotation IndexThe trusted reference for quotations and the sources behind them
Tag Tag Mental models
Our game is recognize a big idea when it comes along, when one doesn’t come along very often. Opportunity comes to the prepared mind.
Charlie Munger Poor Charlie’s Almanack · 2005

Authors

American investor and businessman · 1924-2023
Charlie Munger

Investor and Berkshire Hathaway vice-chairman known for value investing and long-term business judgement.

View author·Explore 32 quotes

Works

Charlie Munger (compiled by Peter D. Kaufman) · 2005
Poor Charlie’s Almanack

A collection of Munger’s talks on investing, decision-making, psychology and the use of multidisciplinary mental models.

Read summary·Explore 25 quotes

Related Tags

Opportunity recognition 2 Preparedness 6 Judgement 29 Patience 6 Value investing 4 Decision-making 30 Cognitive biases 1 Berkshire Hathaway 3 Worldly wisdom 1 Poor Charlie’s Almanack 1 Harvard University 9