Rich people can get "antagonistic" toward others · Transcript · BuffettMungerGPT

CharlieI have a friend whose grandmother used to say that she couldn't understand why people got in envy jealousy because it was the only one of the sins that you could never possibly have any fun at. But generally speaking on Wall Street, I think a lot of people have had the wrong kind of grandmothers. Yeah, I've commented from time to time that, which is a day, Robin Leach has it all wrong on lifestyles of the rich and famous because he's presenting all these wonderful things that will happen to you if you get rich. But they really aren't all that wonderful, these fancy houses and boats and all that, that the real advantage of being rich, as I explain to people, is that it enables you to hate so effectively that if you're terribly rich, you know, but your brother or whomever cousin or somebody is getting a little more attention in the world or something of the sort, you can hate in a very major way you can hire accountants and lawyers to cause them all kinds of trouble. If you're poor, you just snub them at Thanksgiving and don't show up or something of the sort. But I've noticed that these rich people, particularly when they inherit great amounts of money, soon-in-lay, they start, frequently, they get very antagonistic toward siblings or cousins or whatever it may be. And they really can, they can hate in a way that, or get envious in a way that the rest of us really can't really aspire to. So that's a benefit that hasn't appeared on Robin Leach lately. But I, but you see that, you see a little of that in the athletic field. and the entertainment field, and perhaps even Wall Street, that making a million dollars a year looks great until this guy that sits next to you that can't possibly be as smart as you is making a million, too. And then the whole world that turns into a very unfair place.