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Because it doesn't hurt? When you have $30 billion losing $100 million doesn't hurt.
by verve_rat 3y ago
Because it doesn't hurt? When you have $30 billion losing $100 million doesn't hurt.
- bell-cot 3y agoYes...but, in the bigger picture: For self-absorbed, A-list young billionaires, the educational outcomes for the little kids were never all that important. Their never-miss-it-anyway $1e8 bought boatloads of arbitrary power over little people, ~8 years of favorable PR, cool talking points when hanging out with their uber-rich social set, and other things that were valuable to them. I'll admit that there's a flip-side viewpoint here: If you're a billionaire, in a society that very obviously has a lot of problems, and all you've got for tools and skills is a billion-dollar hammer that you're real handy with...well, okay - try hitting some things with your hammer. When the world is screwed up badly enough, even kinda-clueless change has a decent chance of improving something...right?
- xyzzy123 3y agoI suspect most humans with a billion dollars under their belt would be quite inclined to believe they can succeed where others have failed. After all, most people "fail" to become billionaires like they did.
- bell-cot 3y agoYes...but your phrasing suggests that is a rational belief. Vs. I'd attribute it far more to over-inflated self-esteem. Anybody who is both rational and has made it to billionaire has failed many times, at a wide variety of things. And knows the world is vastly more complex than any human actually understands.