Live data from Hacker News

The Art of Money Getting

kk.org

11–20 of 239 posts

Re: The Art of Money Getting

#12
post #3

Earlier quoted context omitted.

A lot of pop-psychology doesn't hold up when subject to empirical review, but OCEAN / "Big 5" does, and it's probably a decent starting point. E.g. if you are low in extraversion and agreeableness, you probably wouldn't make a good nurse or waiter, but you might not make a bad lawyer or engineer.

> low in extraversion and agreeableness I don’t know that these are awesome features for an engineer. There’s a big unsaid cost to this in my experience

If we’re being honest, highly agreeable, extroverted, conscientious, and non-neurotic people are simply going to be better suited to all forms of employment than the inverse. But, since personality is pretty durable, it’s easier to try and find a career where your weak spots are detriments, but not crippling.

Re: The Art of Money Getting

#13
post #4

For a more recent pop-culture version, I'd recommend Felix Dennis https://www.goodreads.com/book/show/18749286-how-to-get-rich

What a good book! I was expecting some "follow your dreams and lean into the hustle" pablum, but no. He talks pretty frankly about how the pursuit of extreme wealth, (100s of millions) which he'd succeeded at, isn't worth it even then because a single-digit amount of millions is quite enough to enjoy life, but adds that he expects readers will ignore that part and attempt to get filthy rich anyway.

Also, he later became a poet (a very good one, too, if I remember right) and early on in his life tried to be a pop singer. Feels a bit like that whole multi-decade career as founder and owner of a massive publishing empire was an odd detour for him.

Very fascinating person, and the book's definitely worth reading.

Re: The Art of Money Getting

#14
> Barnum’s first rule: pick the work you’re built for, then aim to be the best at it.

Edsger Dijkstra, in one of his letters, giving advice (IIRC) to a PhD student: "Do only what only you can do."

Kind of funny to see one of the greatest computer scientists and one of the greatest public entertainers giving the same advice, but I guess that speaks strongly in its favor.

Re: The Art of Money Getting

#15
post #4

For a more recent pop-culture version, I'd recommend Felix Dennis https://www.goodreads.com/book/show/18749286-how-to-get-rich

What a good book! I was expecting some "follow your dreams and lean into the hustle" pablum, but no. He talks pretty frankly about how the pursuit of extreme wealth, (100s of millions) which he'd succeeded at, isn't worth it even then because a single-digit amount of millions is quite enough to enjoy life, but adds that he expects readers will ignore that part and attempt to get filthy rich anyway. Also, he later bec…

I appreciated Felix going over what he had to give up to get where he was. It let me be content with a bit less money and a bit more family.

Re: The Art of Money Getting

#16

> They take whatever job pays and spend decades fighting upstream. I suspect that this affects a lot of folks in tech. There's a lot of money to be made, so people get into it. They don't really like what they do, so it's always a chore. Their work often shows it, too. I'm retired. I don't have to write software, but I spend more time writing software (for free), than I did, for most of my career. I like the Integrit…

This is from 1880 and reminds me of something Dostoyevsky had written 14 years before. His quip in The Gambler was even more extreme because he spoke about working hard and saving every penny for generations with the subtext being that it makes everyone miserable.

Re: The Art of Money Getting

#17

> Barnum’s first rule: pick the work you’re built for, then aim to be the best at it. Edsger Dijkstra, in one of his letters, giving advice (IIRC) to a PhD student: "Do only what only you can do." Kind of funny to see one of the greatest computer scientists and one of the greatest public entertainers giving the same advice, but I guess that speaks strongly in its favor.

For all non-Dijkstra-level people, I guess that means "Do only what you are particularly good at".

Re: The Art of Money Getting

#18
post #3

Earlier quoted context omitted.

A lot of pop-psychology doesn't hold up when subject to empirical review, but OCEAN / "Big 5" does, and it's probably a decent starting point. E.g. if you are low in extraversion and agreeableness, you probably wouldn't make a good nurse or waiter, but you might not make a bad lawyer or engineer.

> low in extraversion and agreeableness I don’t know that these are awesome features for an engineer. There’s a big unsaid cost to this in my experience

Low agreeableness can be a positive up to a point. As a technical person, you shouldn't agree to do things that you know will not work. The technical facts have no agreeableness at all and need to be handled as such.

Re: The Art of Money Getting

#20

Earlier quoted context omitted.

> low in extraversion and agreeableness I don’t know that these are awesome features for an engineer. There’s a big unsaid cost to this in my experience

If we’re being honest, highly agreeable, extroverted, conscientious, and non-neurotic people are simply going to be better suited to all forms of employment than the inverse. But, since personality is pretty durable, it’s easier to try and find a career where your weak spots are detriments, but not crippling.

There is research that suggests highly agreeable people do not do as well e.g. negotiation tactics. What is probably true is that is good to 'appear' agreeable. The same research suggests you are correct about the other 3 traits.
Post reply on HN