One of his key principles is to avoid comparing oneself with others, particularly in terms of wealth. Munger states, “Someone will always be getting richer faster than you.

Munger states, “Someone will always be getting richer faster than you. This is no great tragedy.” He believes that envy is a path to misery and can lead to poor investment decisions.

Charlie Munger's Life Advice: 'Someone Will Always Be Getting Richer Faster Than You, This Is No Great Tragedy' Bibhu Pattnaik . Mon, Jun 2, 2025, 9:31 PM 3 min read.

Most people spend their lives trying to avoid pain. Charlie Munger didn't bother. He accepted it—stared it down, lived through it, and kept going. His advice? Life is brutal sometimes. Go ahead ...

Key Points. Costco stock was a Charlie Munger favorite. And it’s been faring quite well in recent years, to say the least. Costco stock isn’t cheap after its mild earnings beat.

By the end of his life, Charlie Munger had seen just about everything—wars, depressions, dot-com bubbles, and the rise of ...

One-on-one with Charlie Baker: NCAA president talks NIL, transfer portal, House settlement, and more. Charlie Baker is at the center of the NCAA's historic makeover. Matthew J. Lee/Globe Staff ...

Charlie called me one day and says, 'We've got to buy BYD, this guy that runs it is better than Thomas Edison - Buffett in a CNBC Interview in 2018 Berkshire Hathaway bought about 10% of BYD but ...

Explore latest news and insights on influential business leaders from around the world. Get exclusive interviews, and in-depth coverage of top executives, entrepreneurs, and innovators on Fox ...

Wall Street is gambling on Trump’s tariff reversals, dubbing the strategy the “TACO” trade, which stands for Trump Always Chickens Out. Here's what to know.

UPDATE MAY 10, 2022: Watch the video of her TED Talk. Boston College Professor of Sociology Juliet Schor, an internationally recognized social economist, author, educator, and researcher, will join ...