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That's an interesting perspective, as Derek's future is quite secure. He had a large personal exit from his business CD Baby, and put all the money into a char
by SyneRyder 11y ago
That's an interesting perspective, as Derek's future is quite secure. He had a large personal exit from his business CD Baby, and put all the money into a charitable trust[1] that will be given away when he dies, but in the meantime pays him a (very) good annual income out of the interest for the rest of his life.
"Why I gave away my company to charity"
[1] https://sivers.org/trust https://sivers.org/trust
- draw_down 11y agoI agree with both of you - this minimalistic getting rid of all your stuff is an affluent-person thing. That doesn't make it wrong, but it is an important piece of the background, I think. This is part of why I wrote in my other comment that we should not conflate this minimalism stuff with some sort of higher virtue. It's just affluent people prioritizing a certain type of convenience over other types of convenience, because they can afford to.