4 ms·
> "The-most-important-thing-is-getting-your-first-100000-dollars. Work-multiple-jobs-skip-meals-do-what-you-have-to-that's-the-investing-entry-fee-to-wealth" C
by nojs 5y ago
> "The-most-important-thing-is-getting-your-first-100000-dollars. Work-multiple-jobs-skip-meals-do-what-you-have-to-that's-the-investing-entry-fee-to-wealth"
Could you share the background for this?
- Avocadoe 5y agoI was curious about this as well but can't find any concrete sources. A blog [1] says the argument goes something like this: “The first $100,000 is a b*tch, but you gotta do it [...] I don’t care what you have to do—if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit.” [1] https://fourpillarfreedom.com/charlie-munger-the-first-100000-is-a-btch/ https://fourpillarfreedom.com/charlie-munger-the-first-10000...