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I learned a lot about the habits of intelligent affluent people. My sample size is very low, but it was an interesting year in that regard since I've never seen
by frankthrowaway 8y ago
I learned a lot about the habits of intelligent affluent people. My sample size is very low, but it was an interesting year in that regard since I've never seen anything quite like it. Some things seem obvious, some didn't, you'll learn them a lot faster if you're somehow in the middle of it.
Warning: based on anecdata
* Look at a cosmopolitan city center. Everyone who owns a house debt free there is rich.
* Look again at said center, most likely the owners aren't from your country (except US probably).
* Conservative rich people invest heavily in the housing market.
* The amount of rich people having some emotional understanding of working on a per hour basis, or working for a normal wage in general, is low.
* I've seen people in a relationship from different income classes, some definitely have it tough to understand each other. I haven't seen anyone break because of it, but I wouldn't be surprised if it happened with a fraction of them. Hypothetical example, combine it with stereotypical gender ideals (e.g. man must pay) and a SO (woman) that has expensive hobbies, the working-class man cannot keep up.
* My prediction on: the rich friend determines what's going to happen if he/she pays was dead on. I also predicted it might erode such a relationship when money comes too much into play, which I was partially right about.
* The claim that most wealth is inherited seems to be true from my personal experience. Consequently, most people don't know how to get rich but how to stay rich.
* Some rich people get a really amazing education and are polymaths by the time they get into their twenties. Some rich people are more the opposite.
* All in all, I feel money is a multiplier on a lot of things. I know that, for me, money will be a multiplier on the expression of my personality. If you are into new age stuff, then as a rich person you have a new age house, for example. If you're a sci-fi person, then you'll have a techy house.
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Jobs
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* People don't value your computer science degree at all if they studied a shitty study program (any) and hate university because of it and don't have experience with hiring CS grads. It turns out, that's still a rather large group.
* Corollary: people don't evaluate your experience in the right way.
* When people see the word "internship" they see it as no experience, despite the fact that the programming work was more demanding than most employees there.
* Interviewing in startups doesn't follow any sane process. To do: I need to figure out how to to get some understanding on a startup's culture in less than 2 hours.
Thanks for the question, these 12 months have been emotionally weird. I guess I needed to vent a bit. Dealing with income inequality from so close all of a sudden feels tough, but I'm fine right? So why should it be? Hence it's weird.