Charlie Munger Quotes About Human Nature
We have collected for you the TOP of Charlie Munger's best quotes about Human Nature! Here are collected all the quotes about Human Nature starting from the birthday of the Business person – January 1, 1924! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 3 sayings of Charlie Munger about Human Nature. We will be happy if you share our collection of quotes with your friends on social networks!
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With so much money riding on reported numbers, human nature is to manipulate them. And with so many doing it, you get Serpico effects, where everyone rationalizes that it's okay because everyone else is doing it. It is always thus.
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Berkshire was built on the eternal verities: basic mathematics, basic horse sense, basic fear, and basic diagnosis of human nature to make predictions regarding human behavior. We stuck to the basics with a certain amount of discipline and it has worked out quite well.
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It's human nature to extrapolate the recent past into the future, but it's terrible that managements go along with this.
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