"What I would say is the single most important thing, if you want to avoid all the stupid errors, is knowing where you're competent and where you aren't. And that's very hard to do because the human mind naturally tries to make you think you're way smarter than you are."
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Businesspeople from the United StatesPhilanthropists from the United StatesLawyers from the United StatesPeople from OmahaCalifornia Institute of Technology alumni
Original Language: English
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(quote at 18:20 of 58:41)
https://en.wikiquote.org/wiki/Charlie_Munger
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Charlie Munger
Charles Thomas Munger (January 1, 1924 – November 28, 2023) was Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by investor Warren Buffett.
19 quotes on TrueQuotesView all quotes by Charlie Munger →
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