logoalt Hacker News

baxtr • yesterday at 8:47 PM • 3 replies • view on HN

They say any man can be seduced by one of these three: money, drugs or sex.

Or as Charlie Munger put it: There are only three ways a smart person can go broke: Liquor, ladies, and leverage.“


Replies

wolfinterval • yesterday at 11:12 PM

Munger also didn't mean this in the context of an intelligence operation.

This is not just a lapse of judgement from some random encounter on a business trip.

Surely a whole team would be dedicated to this operation with whatever resources needed since it will be a tiny investment for the possible payoff.

paulpauper • yesterday at 8:51 PM

I don't think he's at any risk of going broke. At worst he will lose his job and NVDA stock will suffer a brief setback.

➕ show 2 replies
ivanjermakov • yesterday at 10:49 PM

Smart person and liquor are not to be put in the same sentence. Perhaps depends on the definition of "smart".