What do wealthy people buy, that ordinary people know nothing about? (2015)
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Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#2Wrong question, boring answer.
I wake up every day with my best friend. We have been together for so long, we have regularly similiar thoughts on things.
If i even want to know this, i want to hear the real people using their money in a way that i'm envy.
There was a documentary on netflix about a guy who was diving in the ocean in front of his house and befriended an octopus.
Besides this story (its well made), i had the feeling this person made it. Beautiful house, self care routine and the opportunity (which he actually uses) to use the ocean every day.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#3I saw that Reddit post a while back. It’s interesting, but I wonder how much it really applies to all of the super wealthy. There are certainly billionaires and centimillionaires who reject that lifestyle out of hand (I know I certainly would). The average person doesn’t know their name and they prefer it that way. Even the local billionaire near where I lived for a while was pretty modest, all considered (his kids not so much). I was surprised to see him and his family sit down next to mine at a restaurant one day. Could overhear him talking about the local farmers market and commenting about the tomatoes of the season haha
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#4> There is literally nothing you can't buy except. Love.
I feel like Elon is finding this part out the hard way lately.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#5I really like this post since it shows how very little there is for the wealthy to buy other than status goods.
The life of the rich, other than status, is very much like the life of upper middle class. The same phones, the same digital entertainment, the same appliances in their homes.
We have very few items for the rich to buy. Honestly, it is a problem it breaks incentives and it drives the rich more towards status goods which help no one since they are zero sum.
We should have expensive products which actually improve lives.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#6All that wealth is great, and may even make a difference if you catch cancer. Or not.
One famous chap who is nailing it is Shatner. Strive to be spreading joy like that guy, whatever your means.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#7> There is literally nothing you can't buy except. Love. Sorry to sound so trite, but it is nearly impossible to have a normal emotional relationship at this level. It is hard to sacrifice for another person when you are never asked to sacrifice ANYTHING. Money can solve all problems for someone, so you offer it, because there is so much else to do. Your time is SOOOO valuable that you ration it. And that makes you lose connections with people.
That, and being surrounded by fawning yes-people, and the drugs?
In the worst cases (and there are a few, currently), you decide that you should be in charge of everything, democracy is a mistake, and that you are the person to destroy it.
Who has time for love, when there's so much ego to give.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#8> There is literally nothing you can't buy except. Love. I feel like Elon is finding this part out the hard way lately.
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Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#9I really like this post since it shows how very little there is for the wealthy to buy other than status goods. The life of the rich, other than status, is very much like the life of upper middle class. The same phones, the same digital entertainment, the same appliances in their homes. We have very few items for the rich to buy. Honestly, it is a problem it breaks incentives and it drives the rich more towards statu…
Yet people still hate the thought of a "maximum wage" or limit to wealth. Everyone should have a life of comfort, not just those who won the lottery or were born into it.
Re: What do wealthy people buy, that ordinary people know nothing about? (2015)
#10I really like this post since it shows how very little there is for the wealthy to buy other than status goods. The life of the rich, other than status, is very much like the life of upper middle class. The same phones, the same digital entertainment, the same appliances in their homes. We have very few items for the rich to buy. Honestly, it is a problem it breaks incentives and it drives the rich more towards statu…
In fact they depend on the upper middle class in order to have those things. I'm thinking about cell phones. Nobody can have a cell phone unless enough people can afford them to create an incentive to build and improve the infrastructure.