If the same family were always on the bottom, then you'd have big resentments. But if DuPonts go down and Pampered Chef up, [that's good]. That much churn makes people think the system is fairer. Buffett: We don't like churn now, but we liked it more 30-40 years ago.
![If the same family were always on the bottom, then you'd have big resentments. But if DuPonts go down and Pampered Chef up, [that's good]. That much churn makes people think the system is fairer. Buffett: We don't like](http://cdn.quoteddaily.com/images/charlie-munger/if-the-same-family-were-always-on-the-bottom-then-youd-have-big-resentments-but-if-duponts-go-down-and.jpg)