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In his own words · Humility

“A careful survey in Sweden showed that ninety percent of automobile drivers considered themselves above average. And people who are successfully selling something, as investment counselors do, make Swedish drivers sound like depressives.”

— Charlie Munger · "Investment Practices of Leading Charitable Foundations," Foundation Financial Officers Group, Santa Monica, CA, October 14, 1998 (Poor Charlie's Almanack) · 1998

Verified. Sourced to "Investment Practices of Leading Charitable Foundations," Foundation Financial Officers Group, Santa Monica, CA, October 14, 1998 (Poor Charlie's Almanack) · 1998.

The underlying study (Svenson) is usually cited near 70–80%; the 'ninety percent' is Munger's framing.