C. Munger

We have three baskets for investing: yes, no, and too tough to understand.
Often investors are tempted to make unwise bets due to FOMO (= fear of missing out) but Munger preaches against the politics of envy:
Envy is a really stupid sin because it’s the only one you could never possibly have any fun at. There is a lot of pain and no fun. Why would you want to get on that trolley ?
What’s more, he doesn’t think we should be in too much of a hurry:
The desire to get rich fast is pretty dangerous.
Given his incredible success, Munger’s humility is instructive.
Someone will always be getting richer faster than you. This is not a tragedy