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I am rich and have no idea what to do

vinay.sh

71–80 of 1001 posts

Re: I am rich and have no idea what to do

#71

Work on affordable housing tech. There is a huge need for housing at all levels, and I really believe the lower end could be revolutionized by new materials and techniques, along with novel approaches to land use. You could make a real meaningful contribution and choose to make money or not along the way. Or whatever you want really. I recently contemplated what I would do if I won the lottery and arrived at that con…

I am interested in affordable housing. Is inefficient tech the biggest contributor to housing cost?

Re: I am rich and have no idea what to do

#73
I don’t think his problem is money.

I think his problem is his identity (founder of Loom) suddenly disappeared.

Now he needs to develop a new identity.

This is especially difficult for single founders without kids (in the sense that people with spouse/kids already derive much of their identity from those 2 things).

Selling a company isn’t all that different from going through a divorce (in the sense that your identity needs to be completely rebuilt from scratch)

Re: I am rich and have no idea what to do

#74
You know what I got from this story?

DOGE already processed a lot of applications and set up the signal chats etc.

This guy applied and right away heard back, because he has millions of dollars, good reputation for having a large exit, and he "reached out to some people and got in".

I simply applied in the way they asked -- DMming them on Twitter -- the very next day, submitting a link to my resume, background and cover letter that fully spells out how exactly I could help them in their mission. And they didn't even bother to visit the link, let alone respond. (I know because I put in logging.)

Until now, I didn't know that DOGE was even hiring people yet. Now thanks to his story, I believe they've already hired the main people back in November.

I am going to take a different approach in life. Thanks guy :)

Capital matters. Connections matter. Timing matters. Substance doesn't matter as much, sadly. Don't simply follow instructions. Get unfair advantages.

For what it's worth, here was my DOGE application link: https://magarshak.com/resume-cover-letter.php

Re: I am rich and have no idea what to do

#76
post #36

Therapy. Wealth and success is one of the most massive crutches there is. It can make it almost impossible to be truly in touch with your insecurities and pain because its simply too easy to hide in your victory. Your toughest challenge now is to, despite your wealth, find a way to contact the pain that drove you to your hunger for success. As the bible said, it's easier for a camel to get through the head of a needl…

"eye of the needle" refers to a small gate or passage in ancient city walls, used after the main gates were closed at night. A camel could only pass through this narrow opening if it was unloaded of its baggage and possibly crawled through on its knees. Not as hard or impossible as it first appears but still harder.

> "eye of the needle" refers to a small gate or passage in ancient city walls,

There's a lot of discussion on this verse. Apparently, the gate interpretation didn't exist until the 11 century.

It was rethought to be Rope for a while but this blog post discredits that. https://kiwihellenist.blogspot.com/2023/11/camel.html

Re: I am rich and have no idea what to do

#78
post #31
post #11

Wealth makes it even more difficult to figure out what to do with your life. It's almost as if you can either have wealth/comfort or purpose/fulfillment, but it's vanishingly rare to have both at the same time.

This is such an American thing that I find it hard to respond to, because these cultural things feel universal when you're swimming in them. Wealth doesn't make it difficult to figure out what to do with your life if you never thought wealth is the goal. The problem is that the sole life goal for this person was to get rich, and now that's the endgame, and he doesn't know what to do. If the goal, instead, was to have…

>> This is such an American thing that I find it hard to respond to,

It is actually a thinly veiled sociopath/psychopath/narcissist that has fully bought into hyper-capitalism being the endgame of humanity thing.

Re: I am rich and have no idea what to do

#79
Earning gray hairs with blood, sweat, and tears is the natural way of marking satisfaction milestones. Most of us will not get a chance at steering just 1M in wealth without major struggles and juggles. But having 60M without any major struggle? Well now you have to struggle with an existential crisis. Here's the solution: Watch your children grow to adults, sail some seas, and fix anything that bothers you. Life always finds a way of keeping you active. Now it doesn't actually matter what you're doing, as long as you are happy to be doing it.
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