‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
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‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
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Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#2> Once we let go of outcomes, we can look inward and focus on the things that truly matter: To become a good person with values, who has character, and is good at what they do. That’s the biggest reward in life. And it’s 100% in your own hands.
As if this wasn't some programmed delusion. There never was a time when people acted normally and then were corrupted by some new thing. Pretending civilization is normal instead of hunting and gathering. pretending being rich and famous is bad is cope. sure tell yourself all those rich people are "poor in spirit" whatever that means.
> We’re no longer driven by values, morals, loyalty, or family, we’re driven by what the media emphasizes.
"we're not driven by [good words], but instead by [emergent collective attention]"
well duh. it was never as you said it was. media is just civilization-level gossip. and people love gossip because its so informative. media isn't an actor, its a mirror.
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#3> Once we let go of outcomes, we can look inward and focus on the things that truly matter: To become a good person with values, who has character, and is good at what they do. That’s the biggest reward in life. And it’s 100% in your own hands. As if this wasn't some programmed delusion. There never was a time when people acted normally and then were corrupted by some new thing. Pretending civilization is normal inst…
> pretending being rich and famous is bad is cope. sure tell yourself all those rich people are "poor in spirit" whatever that means.
I don't think that's what the author is saying. Being rich and famous is fine(well, plenty of people would disagree on the famous part https://www.brainyquote.com/quotes/bill_murray_411631) , wanting to be rich and famous at the expense of your own mental health, when you're probably not in a position to become so is not, especially when it causes you to disengage with your own desires, rather than engage more fully.
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#4> Once we let go of outcomes, we can look inward and focus on the things that truly matter: To become a good person with values, who has character, and is good at what they do. That’s the biggest reward in life. And it’s 100% in your own hands. As if this wasn't some programmed delusion. There never was a time when people acted normally and then were corrupted by some new thing. Pretending civilization is normal inst…
Do you work in the media?
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#5For me, rich and unknown would be way, way better than rich and famous.
Even financially comfortable and unknown is better than rich and famous.
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#6>> Person A was born in 1930. Person B was born seventy years later, in 2000. They both start applying the Graham investing strategy at a very early age, let’s say when they were 15 years.
>> Person A becomes Warren Buffett, once the richest man on earth, who experienced one of the biggest booms in value stocks when he was young. Person B loses half of their money because value stocks are out of favor in the 2010s
Buffet started when he was 10, not 15. His net worth is 97.8 billion dollars, 97.5 billion or so of that was earned after he was 50 years old. His success or failure was not due to whether stocks were in or out of favor in his first 5 years of investing.
If you want to be extremely rich, set aside the next 82 years of your life to do nothing but work on that, and you should have a pretty high rate of success.
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#7The flying private example in the first section misses the entire point (or 99% of the point) of flying private. Flying on a set schedule, arranged long in advance, with 30 strangers, from one major airport to another major airport, is not the point of flying private.
Flying on your own schedule, to/from more conveniently located airports, bringing family pets along, having private conversations among the pax, having exactly the catering you wanted, and otherwise having the airplane to yourself is the advantage that makes private jet travel appealing. Just skipping parts of the TSA checks isn't nearly enough.
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#8>> Person A was born in 1930. Person B was born seventy years later, in 2000. They both start applying the Graham investing strategy at a very early age, let’s say when they were 15 years. >> Person A becomes Warren Buffett, once the richest man on earth, who experienced one of the biggest booms in value stocks when he was young. Person B loses half of their money because value stocks are out of favor in the 2010s Bu…
> 97.8 billion dollars, 97.5 billion or so of that was earned after he was 50 years old.
To think he started off with a paltry $300 million. How much avocado toast do I need to not eat to get there?
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#9>> Person A was born in 1930. Person B was born seventy years later, in 2000. They both start applying the Graham investing strategy at a very early age, let’s say when they were 15 years. >> Person A becomes Warren Buffett, once the richest man on earth, who experienced one of the biggest booms in value stocks when he was young. Person B loses half of their money because value stocks are out of favor in the 2010s Bu…
> 97.8 billion dollars, 97.5 billion or so of that was earned after he was 50 years old. To think he started off with a paltry $300 million. How much avocado toast do I need to not eat to get there?
He didn't start off with it. That was after 40 years of investing. By the time he was 21 he was up to $20,000.
Re: ‘Why Am I Not Rich and Famous?’ The Delusion of Our Times
#10Damn. True that.