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  1. Newbie
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    #1

    Mungerism - what is it?

    Hi!

    I've encountered a word "Mungerism" while reading a text. I've tried finding out the meaning in some dictionaries and I get failed.

    Here is context.

    At Berkshire, we, too, crave efficiency and detest bureaucracy. To achieve our goals, however, we follow
    an approach emphasizing avoidance of bloat, buying businesses such as PCC that have long been run by
    cost-conscious and efficient managers. After the purchase, our role is simply to create an environment in
    which these CEOs – and their eventual successors, who typically are like-minded – can maximize both
    their managerial effectiveness and the pleasure they derive from their jobs. (With this hands-off style, I am
    heeding a well-known Mungerism: “If you want to guarantee yourself a lifetime of misery, be sure to
    marry someone with the intent of changing their behavior.”)

    Thank's for your answers.

  2. Charlie Bernstein's Avatar
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    #2

    Re: Mungerism - what is it?

    It's probably a quote from this: The Tao of Charlie Munger

    But are you sure it isn't "changing your behavior"?
    I'm not a teacher. I speak American English. I've tutored writing at the University of Southern Maine and have done a good deal of copy editing and writing, occasionally for publication.

  3. emsr2d2's Avatar
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    #3

    Re: Mungerism - what is it?

    I think the original makes sense with "their". If you marry someone, and your intention is to change them, you are probably going to have a miserable time. There is no point spending your marriage trying to change your partner (or trying to change anyone at all, for that matter).
    Remember - if you don't use correct capitalisation, punctuation and spacing, anything you write will be incorrect.

  4. Newbie
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    #4

    Re: Mungerism - what is it?

    Thanks a lot, I think I got the meaning, by your answers.

    It is an adage of a person (person's lastname+ism).

  5. Newbie
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    #5

    Re: Mungerism - what is it?

    It's from annual report of the company

    Quote Originally Posted by Charlie Bernstein View Post
    It's probably a quote from this: The Tao of Charlie Munger

    But are you sure it isn't "changing your behavior"?
    It needs thinking about it.

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