Charlie Munger has a blunt way of saying things. He once shared that he prefers to avoid situations where others are way smarter than him. Instead, he looks for opportunities where he has the edge, where others might not be as sharp. And honestly, he claims it’s a strategy that pays off.
He also has a cheeky appreciation for those he calls "stupid competitors," believing that their mistakes end up benefiting him and his team, leading to greater success.