In his own words · Independence

“The point of getting rich is so you don't have to need other people, so you don't have to get along with other people.”

— Charlie Munger · Acquired podcast (Ben Gilbert & David Rosenthal), "Charlie Munger" episode (released Oct. 30, 2023) · 2023

Verified. Sourced to Acquired podcast (Ben Gilbert & David Rosenthal), "Charlie Munger" episode (released Oct. 30, 2023) · 2023.

Where he said it

More Munger on Independence

“Like Warren, I had a considerable passion to get rich. Not because I wanted Ferraris — I wanted the independence. I desperately wanted it.”

Janet Lowe, Damn Right! (2000) · 2000

“I want to swim as well as I can against the tides. I'm not trying to predict the tides.”

Daily Journal Corporation Annual Meeting (2022) · 2022 · where he said it ↗

“If you don't work hard at trying to remain rational and you're constantly floating along caring terribly about what other people think, you're almost sure to be carried to folly by the folly of the crowd.”

Outstanding Investor Digest, 2003 Wesco Financial AGM excerpts, via Kingswell ('Yet Another Munger Masterclass: The 2003 Wesco Financial AGM', https://www.kingswell.io/p/yet-another-munger-masterclass-the) and Investment Masters Class (http://mastersinvest.com/herdscrowdscontrariansquotes) · 2003 · as recalled

Wording approximate (from OID's 2003 Wesco excerpts).

“I don't love Ben Graham and his ideas the way Warren does. You have to understand, to Warren — who discovered him at such a young age and then went to work for him — Ben Graham's insights changed his whole life. But I have to say, Ben Graham had a lot to learn as an investor.”

Daily Journal Corp. annual meeting, Los Angeles, as told to Jason Zweig, "A Fireside Chat With Charlie Munger," The Wall Street Journal (2014) · 2014

Lightly trimmed from the 2014 fireside; the connective 'But I have to say' is editorial. He genuinely rated Graham below Buffett's veneration of him.

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