Jerry Seinfeld explained it first. Dennis Prager just explained this. The Bronze medal winner is happier than the Silver medalist. He explains that the Silver medalist is perceived as finishing '2nd' and one place away from 1st place. The Bronze medalist is simply happy to have a medal, and realizes they were one place away from not getting a medal. They feel more fortunate and blessed. Be grateful and not envy. There will always be someone with MORE THAN YOU.
Imagine that...
https://youtu.be/xK9rbwM3omA?si=bPLcqUoXz3sBI1XL