Nvidia founder tells Stanford students their high expectations is a hindrance

This reminds me of the speech Bill Murray’s character gives at the start of Rushmore [0]:

> You guys have it real easy. I never had it like this where I grew up. But I send my kids here because the fact is you go to one of the best schools in the country: Rushmore. Now, for some of you it doesn't matter. You were born rich and you're going to stay rich. But here's my advice to the rest of you: Take dead aim on the rich boys. Get them in the crosshairs and take them down. Just remember, they can buy anything but they can't buy backbone. Don't let them forget it. Thank you.

0: https://youtu.be/m5RbdReBMLE?si=ZfY166PU1ti5_QCg

They have high expectations

Huangs net worth is $80 billion. Hes literally one of the richest people in the world and arguably the least qualified to address the public in any form.

The mans completely detached. Nothing, none of what anyone experiences in the real world impacts him in the least. The man wouldnt be able to empathize with the sufferings of predatory college lending if he tried. his stratospheric wealth makes him practically undefinable in the context of actual hard work or labor.

Everything hes made in life came from the hard work and excess capital of people like Stanford students.

He's a Taiwanese immigrant who graduated early and built his own company. I think he contributed some hard work himself.

When I was young everyone told me to start saving early because compound interest. Every dollar you don’t spend today will be $30 when you retire!

That is the least interesting reason to start saving early. In fact it’s such a bad reason it probably puts people off the concept. Few enough people actually listen to it that it makes you wonder.

Every dollar you don’t spend at 25 is a dollar off of your expectation of standard of living. Which is a dollar you don’t need at retirement. And saving early means stock market usage early, and stock market losses early. The sooner you learn not to lose your shirt on the stock market the better. And that’s when you have a few thousand to lose on the market instead of later, when it’s tens of thousands.

Those are the reasons you start early, and start small.