Charlie Munger Quotes
If you don't allow for self-serving bias in the conduct of others, you are, again, a fool.
Kaufman, Peter D., editor. Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger. 3rd ed., Walsworth Publishing Company, 2005, p. 451.
Charles Thomas Munger is an American billionaire investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his closest partner and right hand man. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.