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I am rich and have no idea what to do

vinay.sh

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

#311

Post by tanvach »

throwaway6734 wrote: post #300
j4coh wrote: post #3

Same situation, I truly empathise because it really does seem to take a lot of purpose out of everything. What I’ve found is that you need to replace money/salary/financial success optimisation (assuming you spent a lot of your life and energy to this point focused on these, much like I did) with something else totally unconnected with being measured in that way. For me, I am focused on proving myself as a guitarist…

Do you have children? If not, it's a great use of time, especially without financial pressure

Children are giver of immense sense of satisfaction that’s totally disconnected to wealth (though being wealthy certainly helps). Just remember - no short cuts.

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

#313

Post by wepple »

naming_the_user wrote: post #158

As a young(ish) man with retirement level wealth personally I don't understand this primarily I suppose because my main passions in life are not profitable. Great, so now I don't have to profitmax every single thing and can rely on my investments. That means I can study pottery, languages, learn about cars, guns, travel, spend time with my old mum, family, start a small business, whatever it is, without care for whet…

This is how interpreted the post. Listing “throwing parties” as one of your hobbies shows they don’t really have deep passion curiosities like the things you listed can be.

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

#315

Post by peterldowns »

naming_the_user wrote: post #158

As a young(ish) man with retirement level wealth personally I don't understand this primarily I suppose because my main passions in life are not profitable. Great, so now I don't have to profitmax every single thing and can rely on my investments. That means I can study pottery, languages, learn about cars, guns, travel, spend time with my old mum, family, start a small business, whatever it is, without care for whet…

Congratulations on having a level head on your shoulders. Sincerely, I hope you have a nice life :)

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

#317

Post by tippytippytango »

If you are rich you have the ability to become a scientist without worrying about money. That is an absurd privilege that I am personally working towards. To contribute to science is one of the most enduring things you can do for humanity. The money will come and go. Even if you pass it down, it will be diluted away within 2-3 generations. But, if you contribute knowledge, it will forever be a brick in the edifice of humanity's collective knowledge. Please don't waste the opportunity.

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

#318

Post by wepple »

haunter wrote: post #262

I'll never be rich but if I were I'd just travel. That's it. So many places to explore. Completing the 88 temples Shikoku Pilgrimage is one my lifegoal https://en.wikipedia.org/wiki/Shikoku_Pilgrimage

What might start as “wow! A whole new place” ends up being “ok, just another new place” for many people.

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

#319

Post by Qwertious »

bko wrote: post #204
akamaka wrote: post #145

> I should work for Elon and Vivek at DOGE and help America get off its current crash to defaulting on its own debt I’ve got an idea: take some good economics courses so that you learn how government spending actually works.

Wouldn't this be the equivalent of telling someone "before you try and build a business, try to take some business courses and learn how business works. Perhaps even an MBA".

Most of the business is in the not-numbers stuff. If DOGE is specifically trying to fix the numbers, then it's far more important that they specifically are experts in numbers.

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

#320

Post by nibab »

despite the title..i read this post as an exhaustion with SV culture. everything starting with the personality types that are elevated (ie some flavor of antisocial personality disorder) and ending with the activities that earn you social capital (ie identifying the next anti-consensus big industry).

i've seen this happen with people that have had much much smaller financial success in the industry..or even ones that haven't had any at all. you are either naturally inclined to identify with the culture or you trick yourselves into it so that you may belong.

the culture of SV today is an amalgamation of Taylorist ideas, Randian objectivism, Utilitarianism etc etc. there is a lot of social capital to be earned by embodying the values of these currents. DOGE is a quintessential representation of this. it is not surprising at all that author had such a visceral reaction to it.

its important to emphasize that there have been very successful companies that have gone against the current (ie Apple), with an emphasis on craftsmanship, obsession with the process, taste-driven vs data-driven decisions and appreciation for things that are outside of profit maximization.

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