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wedrifid comments on Rationality Quotes: May 2011 - Less Wrong Discussion
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A good rule of thumb is that if you aren't sure whether or not a quote is valuable... discard it. Quotes are the sort of thing that can be constructed to sound deep and be persuasive even when they are bullshit. So only accept them if you already understand in detail exactly what the reasoning is and find the quote just serves as a concise reminder of the theory.
I agree in general, but having read quite a bit of Munger I have a low prior on him saying something that's deep BS. I prefer to keep things like this filed until a possible moment when the blanks fill themselves.