The Economic Times

Quote of the day by Charlie Munger: You have to deserve what you want. The world does not reward a bunch of undeserving people what Warren Buffett's ex-associate teaches about hard work and success

Charlie Mungers quote, You have to deserve what you want, highlights the importance of competence, discipline and personal responsibility in achieving success. The legendary investor believed desire alone cannot guarantee meaningful outcomes. His philosophy extended to investing and life, where he valued sound judgment and preparation. Mungers partnership with Warren Buffett also shaped Berkshire Hathaways investment approach and long-term success.