Take a simple idea and take it seriously.

Take a simple idea and take it seriously.

Charlie Munger
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When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change.

Charlie Munger
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The perfect example of Darwinism is what technology has done to businesses.

Charlie Munger
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Wall Street has too much wealth and political power.

Charlie Munger
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There's more honor in investment management than in investment banking.

Charlie Munger
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Take a simple idea and take it seriously.

Charlie Munger
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I've adopted the guideline of Warren Buffett's partner, Charlie Munger, who says "I wanna know where I'll be when I die - so I never go there.

Tom Brokaw
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