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28-12-2022, 10:46 AM
Published Tue, Dec 27 20229:00 AM ESTUpdated Tue, Dec 27 202211:51 AM EST
Tom Huddleston Jr.
Billionaire Charlie Munger thinks we should all be a lot happier.
Munger ...... says he doesn’t understand why people today aren’t more content with what they have, especially compared to harder times throughout history.
......
The 98-year-old noted that he came of age in the 1930s, when Americans everywhere were struggling: “It’s weird for somebody my age, because I was in the middle of the Great Depression when the hardship was unbelievable.”
During that annual meeting, Munger complained that envy is a driving factor for too many people today. Before the early 1800s, there were thousands of years where “life was pretty brutal, short, limited and what have you. [There was] no printing press, no air conditioning, no modern medicine,” he said.
If nothing else, Munger’s sense of widespread envy in today’s world might be right on the money: Recent studies show that roughly 75% of people are envious of someone else in any given year.
Social media sites like Facebook, Instagram and Twitter are especially effective at sparking feelings of envy or jealousy, often connecting us with people who only offer highly curated peeks into the positive developments in their lives.
Better to read the full report for the other side: https://www.cnbc.com/2022/12/27/charlie-...ality.html
Tom Huddleston Jr.
Billionaire Charlie Munger thinks we should all be a lot happier.
Munger ...... says he doesn’t understand why people today aren’t more content with what they have, especially compared to harder times throughout history.
......
The 98-year-old noted that he came of age in the 1930s, when Americans everywhere were struggling: “It’s weird for somebody my age, because I was in the middle of the Great Depression when the hardship was unbelievable.”
During that annual meeting, Munger complained that envy is a driving factor for too many people today. Before the early 1800s, there were thousands of years where “life was pretty brutal, short, limited and what have you. [There was] no printing press, no air conditioning, no modern medicine,” he said.
If nothing else, Munger’s sense of widespread envy in today’s world might be right on the money: Recent studies show that roughly 75% of people are envious of someone else in any given year.
Social media sites like Facebook, Instagram and Twitter are especially effective at sparking feelings of envy or jealousy, often connecting us with people who only offer highly curated peeks into the positive developments in their lives.
Better to read the full report for the other side: https://www.cnbc.com/2022/12/27/charlie-...ality.html
