@arish
Arish Ali
@arish · 3:34

Charlie Munger says people are unhappy because the world is driven by envy. He is making a common parenting mistake…

article image placeholderCharlie Munger speaks at the Daily Journal annual meeting
If we can instill the right priorities, then hopefully we can teach them to avoid the trap of both envy and reverse envy and basically not let their happiness become a function of what others have or what others do. So let me know what you think. Do you agree with this point of view? And if you are a parent, do you ever tell your children how lucky they are compared to your life as a kid?

#investing #parenting https://youtu.be/8RxLj9OVqLo?t=7348

@sudha
Sudha Varadarajan
@sudha · 2:23
And with that, I think the comparisons and the amount of comparison and then potentially envy is significantly higher. So what even us, what we are exposed to, we come from the pre digital age and have now grown into the digital age, and we can see how different our life is. And when we were younger, I think we were happier. I truly believe we were happier because we only had that much to look at. And so we were happy, happy with simple things
@Binati_Sheth
Binati Sheth
@Binati_Sheth · 3:35

@arish Envy: https://youtu.be/aPhrTOg1RUk FactFullness ted talk: https://youtu.be/Sm5xF-UYgdg

While it is a bit of a tangent, listening to this quote reminded me of a wonderful book which came from a tetra by Dr. Hans Rosling called Factfulness. The studies that Factfulness is based on is a lot of people around the world in prestigious institutions of education and excellence. They were asked to estimate things about the world, right? Chimps were also asked to literal chimps monkeys. They were asked to estimate the same things
article image placeholderEnvy | ContraPoints
@Swell
Swell Team
@Swell · 0:15

Welcome to Swell!

@Taylor
Taylor J
@Taylor · 4:04

Munger Hall at UCSB https://s.swell.life/STRLBNspJKADbA4

Hey Arish, thanks for sharing this very interesting stuff. I do think there's something to what Sudha was talking about specifically growing up in a different country, having very specific sort of references for what your life could look like or the lives of people around you. I think it's kind of very similar to growing up as a child as well
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