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Charlie Munger Said Everything Has Improved By 600% But People Are Less Happy Than They Were When Things Were 'Way Tougher' [Yahoo! Finance]
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In his last appearance at the Daily Journal's annual meeting in 2023, Munger shared his bewilderment over the pervasive discontent he observed in contemporary society, despite historical advancements. Don't Miss: Are you rich? Here's what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you "People are less happy about the state of affairs than they were when things were way tougher," Munger stated, reflecting on his experiences during the Great Depression . He emphasized the stark contrasts between the hardships of the 1930s and today's relative comfort, yet noted a general sense of dissatisfaction that seemed illogical to him. Munger, who was 98 at the time, also criticized the role of envy in modern discontent. He pointed out that for much of human history, life was exceedingly harsh and limited, with no amenities like air conditioning or modern medicine. "It's weird fo
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