According to what Charlie Munger thinks, we should all be a lot happier. The investment partner and personal friend of Warren Buffett, also a billionaire, says he doesn't understand why the population is so unhappy, especially when compared to the hardest times in history.
At the annual meeting of Daily Journal, of which he is one of the directors, he said that people are less happy now than when things were much more complicated, in his view. The 98-year-old investor said he grew up in the 1930s when Americans were struggling in every way.
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Munger said: "It's strange for someone my age because I was in the middle of the Great Depression when the hardships were unbelievable." He attributes this feeling of sadness to the envy that permeates modern society. He further said that before 1980, life was shorter, brutal, limited and more. At the time there was no air conditioning, printing presses or modern medicine.
Although the words sound a little harsh, he is not entirely wrong in his allegations, especially regarding envy. Recent studies show that about 75% of the population is jealous of someone.
Much of this feeling can be attributed to social media. twitter, Facebook and Instagram they are places where people publicly post only the good moments of their lives, which is not true all the time, since the practice of basing themselves on lives views of the media can be very harmful, leading to a mistaken conception of reality, causing this envy and anguish for things that are not even fully real. real.
Still, at the meeting in question, the billionaire cited the work of Harvard psychologist Steven Pinker, who argues that the quality of life around the world increased considerably when compared to the last two centuries, demonstrating evidence such as a decrease in world poverty and greater expectations of life.
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