Over ninety percent of active fund managers underperform the market over time. The Charlie Munger quote on keeping it simple explains why. Data from long-term stock market returns shows low-cost, long ...

Charlie Munger believes that learning never stops. He also noted that Warren Buffett is always learning and the duo's record at Berkshire Hathaway would have been “absolutely impossible” without the ...

The quote highlights Munger's conviction that continuous, wide-ranging reading is the only path to true wisdom.