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I understand the chase (or I think I do at--that level) but I wonder: why not buy a huge yacht, some index funds and relax? Go out on top and all. Hand out chic
by easilyBored 9y ago
I understand the chase (or I think I do at--that level) but I wonder: why not buy a huge yacht, some index funds and relax? Go out on top and all. Hand out chicken to housewives in Sub-Saharan Africa or something. And delay a heart attack for as long as possible.
Trying to prove he wasn't lucky that one time I guess.
- valuearb 9y agoWhy not do both?
- aswanson 9y agoHe has to have alpha bragging rights at the annual hedge fund poker contest.
- fullshark 9y agoIf a bunch of people want to give you money to actively manage why not accept it?
- easilyBored 9y agoYeah, but if he's involved in managing (probably is) his stress level, blood pressure etc must be going through the roof. Obviously he doesn't want to be losing money, at this point it must be about his reputation. My point was that maybe, just maybe he'd be doing himself a favor if he quit and relaxed. Maybe add a few years or decades to his life. At $7 Billion or so networth he'll be fine, without a job. OK, maybe he might have to skip a meal or two here and there but that's about it :) .
- hkmurakami 9y agoBecause it's about "winning" for these guys.