In his own words
Munger on Envy
3 sourced quotes. All themes →
“It is not greed that drives the world, but envy.”
Genuinely associated with Munger, but he often credited the observation to Warren Buffett.
“Envy is a really stupid sin because it's the only one you could never possibly have any fun at. There's a lot of pain and no fun. Why would you want to get on that trolley?”
“The world is not driven by greed. It's driven by envy.”
A shorter variant of the 'envy, not greed' idea; Munger frequently credited Buffett. Treat wording as approximate.