5 ms·

Okay, who pays as well?

by s2g 8y ago

sadamznintern 8y ago
Only the hedge funds/propshops/hft companies and some of the startups that have already exited like Cruise. Nobody else does, that guy just has low standards and has been brainwashed into thinking the elites don't live significantly more fulfilling and secure lives than he does.
- tripletao 8y ago
  Most people reporting to me make >$200k total comp, some by quite a lot. I see no evidence that they're happier than my high school classmates. The highest earner quite certainly wasn't the happiest. Somewhere, there's an eighteen-year-old doing affiliate marketing (maybe ICOs now?) who outearns all of us, with less than zero institutional prestige. It's a big world. Money is excellent, but it's (a) less effective in buying happiness than you think, and (b) found in more places than you think. Seriously, talk to a therapist--these thoughts are hurting both your mental health and your earning potential.
  - sadamznintern 8y ago
    >Money is excellent, but it's (a) less effective in buying happiness than you think To me, money is how I want to live without fear. I grew up pretty upper middle class but my parents were petrified of the littlest things (putting up the thermostat at 80 instead of 85, staying at a non-terrifying $80 a night motel instead of a terrifying $65 a night one). We're pretty secure but everyone I knew grew up more "confidently" and now makes more than me.
- dragonwriter 8y ago
  Certainly, the hyper-elites live more secure lives, but fulfilling? Theres a whole line of research showing that beyond a certain point (different studies find different points over time, but generally somewhere in the upper middle class income range of elite workers), additional income is not correlated with further increases in measures of satisfaction, fulfillment, etc.
- deleted 8y ago
  [deleted]
mindcrime 8y ago
Maybe nobody. And if your goal in life is nothing but "maximize my salary" then sure, pursue those companies are any cost. I personally don't see that as the best route to happiness, but hey, "different strokes" and all that. I guess I'm also biased to care less about salary, because there is - realistically - no company that is going to pay me a salary that will let me achieve the most extravagant of my dreams. The only route to the level of wealth is to found a startup, maintain a large chunk of equity in same, and have an exit event.

Okay, who pays as well?

by s2g 8y ago

Okay, who pays as well?

Only the hedge funds/propshops/hft companies and some of the startups that have already exited like Cruise. Nobody else does, that guy just has low standards and has been brainwashed into thinking the elites don't live significantly more fulfilling and secure lives than he does.

tripletao 8y ago
Most people reporting to me make >$200k total comp, some by quite a lot. I see no evidence that they're happier than my high school classmates. The highest earner quite certainly wasn't the happiest. Somewhere, there's an eighteen-year-old doing affiliate marketing (maybe ICOs now?) who outearns all of us, with less than zero institutional prestige. It's a big world. Money is excellent, but it's (a) less effective in buying happiness than you think, and (b) found in more places than you think. Seriously, talk to a therapist--these thoughts are hurting both your mental health and your earning potential.
- sadamznintern 8y ago
  >Money is excellent, but it's (a) less effective in buying happiness than you think To me, money is how I want to live without fear. I grew up pretty upper middle class but my parents were petrified of the littlest things (putting up the thermostat at 80 instead of 85, staying at a non-terrifying $80 a night motel instead of a terrifying $65 a night one). We're pretty secure but everyone I knew grew up more "confidently" and now makes more than me.
dragonwriter 8y ago
Certainly, the hyper-elites live more secure lives, but fulfilling? Theres a whole line of research showing that beyond a certain point (different studies find different points over time, but generally somewhere in the upper middle class income range of elite workers), additional income is not correlated with further increases in measures of satisfaction, fulfillment, etc.
deleted 8y ago
[deleted]

mindcrime 8y ago

Maybe nobody. And if your goal in life is nothing but "maximize my salary" then sure, pursue those companies are any cost. I personally don't see that as the best route to happiness, but hey, "different strokes" and all that. I guess I'm also biased to care less about salary, because there is - realistically - no company that is going to pay me a salary that will let me achieve the most extravagant of my dreams. The only route to the level of wealth is to found a startup, maintain a large chunk of equity in same, and have an exit event.