What Charlie Munger thinks about humility

@charlie-munger · 50 positions · 0 changes of mind

Warren Buffett's business partner and vice chairman of Berkshire Hathaway; also chaired Wesco Financial Corporation from 1984 to 2011, where he wrote its annual letters himself.

Everything they publish, on ppll ↗

Charlie Munger did not write this page.

We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.

Filter humility · Newest first

Topic

All 50mental models 18behavioural science 11humility 3agency 2curiosity 2happiness 2investing 2mathematics 2Addiction 1

8 more topics

discipline 1education 1ideas vs execution 1innovation 1market efficiency 1optimism 1simplicity 1value investing 1

Sort

NewestOldest

Only Charlie Munger on humility. See everyone on humility

3 dated positions, c. 1994 to 2007, in their own words. Our reading of what Charlie Munger has said — not written or endorsed by them.

3 positions so far — this page is not yet offered to search engines.

1. 13 May 2007

   Our readingOne is not entitled to an opinion on a subject until one can state the arguments against one’s position better than its supporters

   Their wordsI’m not entitled to have an opinion on this subject unless I can state the arguments against my position better than the people do who are supporting it.” I think only when I reach that stage am I qualified to speak.

   ↗2007 USC Law School Commencement Addressjamesclear.com 8th of 14 in this piece

3. c. 2005

   Our readingThe best antidote to excess self-regard is to force oneself to be more objective about oneself, one’s family and friends, one’s property and the value of one’s activity

   Their wordsThe best antidote to folly from an excess of self-regard is to force yourself to be more objective when you are thinking about yourself, your family and friends, your property, and the value of your past and future activity. This isn’t easy to do well and won’t work perfectly, but it will work much better than simply letting psychological nature take its normal course.

   ↗The Psychology of Human Misjudgment (revised text, 2005)fs.blog 8th of 17 in this piece

5. c. 1994

   Our readingIt makes sense to load up on the very few good insights one has rather than pretend to know everything about everything at all times

   Their wordsAnd it makes sense to load up on the very few good insights you have instead of pretending to know everything about everything at all times. You’re much more likely to do well if you start out to do something feasible instead of something that isn’t feasible.

   ↗A Lesson on Elementary Worldly Wisdom As It Relates To Investment Management & Business (USC Business School, 1994)fs.blog 12th of 13 in this piece