InspiringQuotes

Charlie Munger Quotes:

Ocupation: Business person

Life: b. January 1, 1924

Birthday: January 1

I bet Richard Fuld doesn't have an ounce of contrition. It's just megalomania. When it's like that, you need rules to prevent catastrophe. When banks are borrowing the government's credit rating, you need rules to prevent stupid things.

- Charlie Munger

topic: Stupid, Government, Needs, Megalomania, Contrition

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