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You can't really tell from this post that he doesn't have enough to be what most people consider financially independent. Michael Mechanic, who wrote this book
by georgeecollins 5y ago
You can't really tell from this post that he doesn't have enough to be what most people consider financially independent. Michael Mechanic, who wrote this book called Jackpot interviewed a lot of 100m+ rich wealthy people.
He says that if you ask any of them how much money they need, they will consistently tell you they need about 1/3rd more than they have. It's a phenomena of psychology not material well being.
We are on the Hacker News forum. We probably all do well in a relative sense, but will probably all go to our grave with goals ahead.
- GDC7 5y agoFor sure, Jeff Bezos who is the world richest man has said many times that he wants his legacy to be: "World oldest man" It never stops, for sure in the back of his mind he has the goal of delaying death as much as he possibly can (for obvious reasons) and on top of that it means more time to achieve goals that he has in mind (which will inevitably be measured monetarily)
- roughly 5y ago> in the back of his mind he has the goal of delaying death as much as he possibly can This is a disease of the imagination.
- toast0 5y agoSure, people with $100M+ want more. If they didn't, there's plenty of off ramps before $100M for the people who are willing to be satisfied. There's really not that much added utility going from say $10M to $100M. And if you didn't see that and stop accumulating, you're more worried about having more than others than having enough. Or you really want to win the America's cup or own a private jet rather than slumming it on charters.