‘Who in the Hell Needs a Rolex?’ Billionaire Charlie Munger Told Young People to Skip ‘Pretentious’ Spending of Rich—‘I Don’t Think There’s Much Happiness’

‘Who in the Hell Needs a Rolex?’ Billionaire Charlie Munger Told Young People to Skip ‘Pretentious’ Spending of Rich—‘I Don’t Think There’s Much Happiness’

Billionaire Charlie Munger urged young people to skip the rich’s flashy status symbols, arguing that spending thousands on a Rolex brings little happiness and could be better put to work investing.