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Charlie Munger’s most classic quotes

1. If you want to persuade others, appeal to interests rather than reason.

2. Don’t wrestle with a pig, because you will get your whole body dirty, but the other person will never tire of it.

3. Complex bureaucratic procedures are not the best system for a civilized society. A better system is a seamless, non-bureaucratic web of trust. Not a lot of fancy procedures, just a solid group of people who have the right amount of trust in each other.

4. Human society can only develop after inventing methods. In the same way, you can only make progress after learning methods of learning.

5. For complex adaptive systems and the human brain, problems often become easier to solve if reverse thinking is used.

6. In general, jealousy, resentment, hatred and self-pity are disastrous states of mind. Excessive self-pity can make people almost paranoid. Paranoia is one of the most difficult things to reverse. Don't fall into self-pity.

7. You must master a lot of knowledge, let it form a thinking framework in your mind, and be able to use it automatically in the following days.

8. What you need is not a lot of action, but a lot of patience. You must stick to your principles and when opportunities come, you must seize them with all your strength.

9. I feel that I am not qualified to have an opinion unless I can refute my position better than my opponent. I feel that I am qualified to express an opinion only when I reach this state.

10. I usually do what I want. If someone doesn’t like my style, that’s fine. I don’t need everyone to like me.