Share this sentence
— Charlie Munger"Where you have complexity, by nature you can have fraud and mistakes. You'll have more of that than in a company that shovels sand from a river and sells it. This will always be true of financial companies, including ones run by governments. If you want accurate numbers from financial companies, you're in the wrong world."
Related information
Discover more quotes
Previous Quote
Our response to temptation is an accurate barometer of our love for God.
— Erwin W. Lutzer
Next Quote
Genes which allow females to be less inhibited leave fewer copies of themselves than genes which persuade them to remain highly selective. Among males, the best strategy is exactly the opposite one. The maximum advantage goes to those males with the fewest inhibitions. "Love 'em and leave 'em" is not so much a nasty peice of male chauvinist piggery as an accurate reflection of biological reality.
— Lyall Watson
Loading recommended content...