He knew that it would be unpopular in Arkansas. You know, we’re just a state dominated by the Scotch-Irish, who provided 25 percent of all the soldiers who ever fought in uniform for America since the revolution. One of our counties had the highest fatality rate of any county in America in World War II. A lot of poor African American kids were in the military, and their parents didn’t want to know it was for nothing. I mean it was like an across-the-board challenge, and he believed — he had a very clear view of it, and I thought it was unusual because Fulbright had been more willing than I wish he had been to trim his sails on civil rights for a long time. And he said, “Yes, I disagree with them on that too,” but he said, “If you want to be a representative, and they know something, as much about something as you do — and they do on this — sometimes you have to give in.” “But on this, if I know more than they do, I am doing an immoral thing to preserve my political position at the expense of doing what’s right for their children over the long run.” And in the end, it played a significant role in the undoing of his career, but he did an enormous service to the country in the meantime. And I think — he lived to be 87 — he lived long enough for me to become president and give him the Medal of Freedom, and I think he died at peace with himself and the decision he made.
Originally asked
Vogue, to one guest at a time, on camera, 73 Questions
A repeated rapid-fire prompt in Vogue's 73 Questions, verified in separate English- and Korean-language episodes.
You answer as yourself. Nobody on FLAPSS answers as anybody else.
USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗
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View all 31 →And I never forgot what he said, Bill Clinton. He looked at me, and he said, “You know, Leon, you can be the greatest OMB director in the history of the world, but nobody’s going to remember you if the White House has fallen apart!” I never forgot that.
The best advice I got from a painter friend of mine when I said, “If you had one thing to say to an aspiring artist like myself, what would you say?” And she said, “Make as many mistakes as you can.”
In life you can do whatever you want as long as you don’t complain when you pick up the bill.
More from Charlie Munger
View profile →I realized very early that non-egality would work better in the parts of the world I wanted to inhabit. What do I mean by non-egality? I mean John Wooden, when he was the number one basketball coach in the world. He just said to the bottom five players, “You don't get to play. You're sparring partners.” The top seven did all the playing.
Every mischance in life was an opportunity to learn something and your duty was not to be submerged in self-pity, but to utilize the terrible blow in a constructive fashion.
John Wooden, when he was the number one basketball coach in the world. He just said to the bottom five players, “You don't get to play. You're sparring partners.” The top seven did all the playing.
All my life, I've gone through life anticipating trouble. And here I am, well along on my eighty-fourth year, and like Epictetus, I've had a favored life. It didn't make me unhappy to anticipate trouble all the time and be ready to perform adequately if trouble came. It didn't hurt me at all. In fact, it helped me.
Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought. Self-pity gets pretty close to paranoia and paranoia is one of the very hardest things to reverse. You do not want to drift into self-pity.
inversion frequently will solve problems which nothing else will solve. And in life, unless you’re more gifted than Einstein, inversion will help you solve problems that you can't solve in other ways.
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