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(1)Why do you need a Rolex? I’m going to be robbed
(1)Everyone wants luxury goods And capitalism develops
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(1)My advice to young people is don’t go there
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(1)I mean, don’t go to the luxury hell
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(1)It’s very different from the past. In the past, I was worried about starving to death
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(1)The standard of living, the reduction of free race inequality, everything
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(2)It’s improved a lot over the last few hundred years There’s been a lot of progress. 500
(1)But people are less happy than when things were much harder
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(1)People don’t want to live better than him
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(2)I think it’s more important
Charlie Munger’s watch on his wrist is a 100-million Rolex