Charlie Munger Portrait

"Knowing what you don't know is more useful than being brilliant."

— Charlie Munger

Knowing What You Dont Know Is

Knowing what you don't know is more useful than being brilliant.

— Charlie Munger

About this quote

This quote appears in Poor Charlie's Almanack (2005) and reflects Munger's long emphasis on intellectual humility and what he called "knowing the edge of your competence." He drew on this idea from his study of science — noting that great scientists like Charles Darwin were notable for understanding the limits of their own knowledge. For Munger, mapping one's own ignorance was the precondition for sound judgment in investing and life.

Source

Poor Charlie's Almanack, compiled by Peter Kaufman (2005)