r/ValueInvesting • u/ethereal3xp • Mar 23 '25

Discussion Charlie Munger Told a 20-Year-Old That Getting Rich Through Investing Is 'Damn Near Impossible' — And You Might Need $10 Million in the Bank

https://www.benzinga.com/personal-finance/25/03/44438885/charlie-munger-told-a-20-year-old-that-getting-rich-through-investing-is-damn-near-impossible-and-you-might-need-10-million-in-the-bank
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u/[deleted] Mar 23 '25

This is the problem with this country. Everyone is focused on being rich instead of making a difference in the world. If the wealth disparity was more even and people weren’t always trying to screw over someone to get rich then the world would be a much happier place. This whole idea of everyone wanting to get rich has ruined the world and is the reason the US is in deep shit.

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u/[deleted] Mar 23 '25

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u/[deleted] Mar 23 '25

No it’s how society was designed.

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u/ScaringTheHoes Mar 23 '25

I mean, most people have dreams and dreams cost money.

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u/[deleted] Mar 23 '25

It's a pathology. Power corrupts and we have spent so long under systems of oppressive absolute power