Charlie Munger quotes that every investor should know

Charlie Munger needs no introduction. The Vice Chairman of Berkshire Hathaway has inspired a generation of investors. However, his remarkable market insights and uncanny ability to identify wealth-building opportunities aren't the only qualities that set him apart. Munger's sharp wit is equally renowned in investing circles. Here are five witty quotes from Charlie Munger that can help you become a better investor: Beware of bull***t In the world of finance, be vigilant about "bull***t." Consider this: If you operate a grocery store and pay Rs 10,000 in monthly rent while earning Rs 8,000 on average, would you call it a profitable business? Well, if you knew about adjusted EBITDA, you can. Just say you "adjusted" the rent. That is how absurd adjusted EBITDA is. Munger once quipped, "Every time you saw

This article was originally published on October 05, 2023.