"Proper allocation of capital is an investor’s number one job." - Charlie Munger

"Don’t 'fall in love' with an investment – be situation-dependent and opportunity-driven." - Charlie Munger

"Good ideas are rare – when the odds are greatly in your favour, bet (allocate) heavily." - Charlie Munger

"Remember that highest & best use is always measured by the next best use (opportunity cost)." - Charlie Munger