In his own words
Munger on Wit
3 sourced quotes. All themes →
“I have nothing to add.”
A decades-long catchphrase — a recurring meeting line, not a single occasion.
“Every time you see the word EBITDA, you should substitute the words 'bullshit earnings.'”
“If you mix raisins with turds, they're still turds.”
On dot-com speculation and bad acquisitions.