Pure Resolve

Christmas Caution for a New Year.

Charlie Munger has two great quotes that I’ve been mulling over for several weeks:

‘It’s not greed that drives the world, but envy’.

And

‘What good is envy? It’s the one sin you can’t have any fun at’.

So, are we living in a world driven by humourless desire?

Perhaps on Wall Street that is more true. My father-in-law retired early from his Wall Street career…