MartinC

Charlie Munger was 98 and worth over $2 billion. He watched life get 600% better and people get more miserable. He explained it in one word. “If you wanted three children, you had to have six, because three died in infancy.” Then came the airplane, the automobile, the movies, air conditioning. “Now the principal problem of the poor people in the United States is that they’re too fat.” So why are people less happy than when things were way tougher? “The world is not driven by greed. It’s driven by envy.” “Everybody’s five times better off than they used to be. They take it for granted. All they think about is somebody else having more.” “Who in the hell needs a Rolex watch?” “I have conquered envy in my own life. I don’t give a damn what somebody else has.”