Oliver Sung’s transcript of the 2022 Daily Journal annual meeting contains the sentence in Munger’s answer about living standards and dissatisfaction. The transcript joins the two clauses with a semicolon. This verifies the wording through a published transcription, not an independently reviewed recording.
“The world is not driven by greed. It's driven by envy” Charlie Munger, 2022 Daily Journal annual meeting, as transcribed by Oliver Sung; punctuation normalized.
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Evoking the world of Charlie Munger — American investor. Theme: "The world is not driven by greed. It's driven by envy". Atmospheric and restrained, cinematic directional light, a muted period-appropriate palette, fine grain and texture. Compose with generous empty space for the quote and a small credit line. No lettering in the image itself.
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Provenance
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Evidence
Daily Journal annual meeting, 2022
Status
Exact wording documented
The world is not driven by greed; it’s driven by envy.
Oliver Sung’s transcript of the 2022 Daily Journal annual meeting contains the sentence in Munger’s answer about living standards and dissatisfaction. The transcript joins the two clauses with a semicolon. This verifies the wording through a published transcription, not an independently reviewed recording. Oliver Sung meeting transcript ↗
Context for Munger’s wider discussion of psychological influences in a reproduced 1994 talk. Earlier worldly-wisdom talk ↗
The speech and published transcript are modern, from 2022. A short excerpt is used for attribution research.
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Context
The setting behind the words
Munger’s answer compares material progress with dissatisfaction about relative wealth. He argues that people can take improved conditions for granted while focusing on others who have more. The transcript presents this as his explanation, not as an independently established social-science finding. Oliver Sung meeting transcript ↗
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Charlie Munger trained as a lawyer and became Warren Buffett’s long-term investing partner at Berkshire Hathaway. He also chaired Wesco Financial and the Daily Journal Corporation. His public talks combine business examples with psychology, mathematics and lessons about practical judgment.
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Charlie Munger. Daily Journal annual meeting, 2022. 2022. Source and limits described above.
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Quotle.info. “Who really said ‘The world is not driven by greed. It's driven by envy’?” Last verified 9 Nov 2026. https://quotle.info/who-said/the-world-is-not-driven-by-greed-its-driven-by-envy/