Charlie Munger's 5 quotes: Want to get rich? First, give up lust? No, this is the essence of Munger's lifelong wisdom!

Charlie Munger, Buffett's only partner in his life who fully meets the requirements of “smart, wise, unpretentious, not angry when making mistakes, and brings happiness.” The two have collaborated for 50 years, creating the Berkshire investment myth. Li Lu calls him “the essence of his soul is that of a moral philosopher.”

At the age of 95, Munger has lived a life of generosity, rationality, humility, and honesty. His wisdom extends beyond investing; it is also about personal growth. “Poor Charlie's Almanack” has inspired countless people, and here are five profound quotes from him that are worth savoring for a lifetime.

5 Life-Changing Quotes from Munger

1. “The intelligent people I have met in my life all read every day—none of them, not a single one.”

Munger loves reading and refers to it as “a book with two legs.” His parents gave him books as Christmas gifts since he was young, and he finished reading them that same night. He is a biography enthusiast: great “friends” like Adam Smith and Franklin make him live a better life. Whenever you have a book in hand, you won't waste time. Reading makes him knowledgeable, logical, and morally upright—“Reading gives me countless benefits.”

2. “I think if you are buying jewelry for the woman you love, you probably wouldn't care how much it costs.”

Munger is strict with himself and lenient with others. He travels in economy class but uses a private jet for his wife/family: “She has given me so much, and her health is not good; I need to take care of her.” Donated 60 million to Stanford just because his wife is an alumnus. After 50 years of loving marriage, Nancy and her husband supported each other before she passed away. Munger's logic: The more you love your wife, the better the family feng shui. When your wife is happy and healthy, the family is harmonious and prosperous.

3. “Think forward, look back, think in reverse, always think in reverse.”

Munger, the master of reverse thinking: study happiness by first studying pain, study corporate strength by first studying decline, and study investment success by first studying failure. Study human failure cases throughout life, create checklists, and avoid major mistakes. Berkshire has stood strong for 50 years, and the role of contrarian thinking cannot be overlooked. Application: Can you borrow money without thinking about repayment first? What are the consequences of a speech if you think about smashing the pot first? Inverse thinking to avoid pitfalls, predicting the future that others cannot foresee.

4. “If Charlie Munger had never existed, Buffett's performance would still be as impressive as it is now.”

Buffett appreciates Munger for 45 years: the best partner with rigorous logic and not following the crowd. Munger, however, is humble: the name does not match the reality; Buffett mythologizes him. Li Lu talks about two things: Young people should sincerely apologize for being late; at airport security, one should not blame heaven and earth when the alarm keeps going off. Munger's humility stems from love and compassion - the greater the person, the more humble they are.

5. “If you want to achieve something you desire, the best way is to make yourself worthy of it.”

Munger's Golden Rule: The reliable way is to be worthy of it. Looking for an excellent partner? First, make yourself excellent. Have you thought about your body/house/job? Set goals and work hard to make yourself worthy. Face the big problems head-on, don't hide them. Good luck favors those who have faith, good character, and are willing to work hard.

Munger's Life Insights

Munger is not an investment genius, but rather a moral philosopher. Reading enriches the soul, a loving wife creates good feng shui, avoiding pitfalls in reverse, humility shines in humanity, and striving to deserve the beautiful. These 5 golden phrases illuminate the path like a lamp - live brilliantly and brightly, starting with Munger's wisdom.

What is your favorite quote from Munger? Let's chat in the comments～ A. Read every day B. Treasure your wife like a treasure C. Reverse Thinking D. Humble and Low-key E. Deserves it

Take one step, look one step ahead—Munger's wisdom, beneficial for a lifetime!