Charlie Munger

Vice chairman of Berkshire Hathaway, 1978–2023

Recorded said elsewhere, not written here
They win the respect, the deserved trust, of the people they deal with, and there is huge pleasure in life to be obtained from getting deserved trust. And so the way to get it is to deliver what you’d want to buy if the circumstances were reversed.

USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗

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Derek Sivers Founder of CD Baby; author of Anything You Want
When I decided to sell my company, I already had enough. I live simply. I don’t own a house, a car, or even a TV. The less I own, the happier I am. The lack of stuff gives me the priceless freedom to live anywhere anytime. So I didn’t need or even want the money from the sale of the company. I just wanted to make sure I had enough for a simple comfortable life. The rest should go to music education, since that’s what made such a difference in my life.
Recorded Essay on sive.rs, Derek Sivers, 4 December 2009 source ↗
Indra Nooyi Chief executive of PepsiCo, 2006–2018
So I decided I was going to invest my time. I spent Monday through Thursday at Frito-Lay, commuting from New York to Texas. Then Friday, Saturday and Sunday, I did my regular job in New York. It was an incredible commitment of time but it was an amazing developmental experience. It was challenging, broadening, and helped me reach the position I have today.
Recorded Wake Forest University commencement, 2011 source ↗
Demis Hassabis Co-founder and chief executive of Google DeepMind; Nobel laureate in Chemistry
I think chess — actually, a number of things that I learned when I was young — it wasn't so much the chess itself; it was the skills that you were training while you were playing chess. So problem-solving, imagination, creative thinking, strategic thinking, all of these things — if you play chess to a high level, what you're really honing is those meta-skills. And I realized from quite young, that's one of the reasons I liked chess was this is a great practice for me to get good — sort of like a mental gym, if you like — to get really good at those other skills, which you could then translate to all sorts of other subjects like science or business.
Recorded Academy of Achievement interview, 2017 source ↗
Frederick Douglass Abolitionist, orator, newspaper editor and U.S. diplomat; U.S. Marshal for the District of Columbia 1877–1881; U.S. Minister Resident to Haiti 1889–1891
From these remarks it will be evident that, allowing only ordinary ability and opportunity, we may explain success mainly by one word and that word is WORK! WORK!! WORK!!! WORK!!!! Not transient and fitful effort, but patient, enduring, honest, unremitting and indefatigable work, into which the whole heart is put, and which, in both temporal and spiritual affairs, is the true miracle worker. Every one may avail himself of this marvellous power, if he will. There is no royal road to perfection.
Recorded Lecture, delivered repeatedly 1859–1893, Teaching American History, reproducing Frederick Douglass Papers, Library of Congress Manuscript Division source ↗

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Question What are you unwilling to optimise? Values & belief
The highest form that civilization can reach is a seamless web of deserved trust. Not much procedure, just totally reliable people correctly trusting one another. That's the way an operating room works at the Mayo Clinic. If a bunch of lawyers were to introduce a lot of process, the patients would all die. So never forget, when you're a lawyer, that you may be rewarded for selling this stuff, but you don't have to buy it. In your own life, what you want is a seamless web of deserved trust. And if your proposed marriage contract has forty-seven pages, my suggestion is you not enter.
Recorded USC Gould School of Law commencement, Speakola, 2007 source ↗

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