Invert, always invert.

Investors
Charlie Munger
Born in 1924 in Omaha, Munger was Berkshire Hathaway's vice chairman and Buffett's partner for over half a century. His mental-models framework and inversion thinking expanded value investing beyond financial analysis.
View this figure's profile
Charlie Munger's Other Quotes
The big money is not in the buying and selling, but in the waiting.
Spend each day trying to be a little wiser than you were when you woke up.
It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
To a man with a hammer, everything looks like a nail.
I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines.
Related Quotes
Ask why five times.
-- Sakichi Toyoda
I don't want a lawyer to tell me what I cannot do. I hire him to tell me how to do what I want to do.
-- J. P. Morgan
No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.
-- J. P. Morgan
What important truth do very few people agree with you on?
-- Peter Thiel
Don't find fault, find a remedy; anybody can complain.
-- Henry Ford
Divide each difficulty into as many parts as possible for a better solution.
-- René Descartes