How a Millionaire's Brain Works

#1

Post by nickb » Thu, Sep 13, 2007, 8:44 PM UTC

How a Millionaire's Brain Works
fortunewatch.com

Re: How a Millionaire's Brain Works

#2

Post by edw519 » Thu, Sep 13, 2007, 9:53 PM UTC

An oldie but goodie.

Like the one about the millionaire who asked "How much for these shirts?"

"Two for $25."

"How much for one?"

"$15"

"I'll take the other one."

Re: How a Millionaire's Brain Works

#3

Post by nreece » Thu, Sep 13, 2007, 11:01 PM UTC

A millionaire doesn't even have his own private parking space? Sounds fishy :)

Re: How a Millionaire's Brain Works

#4

Post by Alex3917 » Thu, Sep 13, 2007, 11:21 PM UTC

I've heard that a lot of billionaires are extremely frugal. They'll do things like drive three hours to save a couple hundred bucks on a new car. Apparently because they get solicited for money all the time, a lot of them get very paranoid about being taken advantage of.

Re: How a Millionaire's Brain Works

#5

Post by pbnaidu » Thu, Sep 13, 2007, 11:54 PM UTC

nreece wrote: post #3

A millionaire doesn't even have his own private parking space? Sounds fishy :)

What if a millionaire lived in some other city and drove to New York City to get to the air port?

Re: How a Millionaire's Brain Works

#6

Post by dlesscheni » Fri, Sep 14, 2007, 1:08 AM UTC

another millionaire http://www.teenwag.com

Re: How a Millionaire's Brain Works

#7

Post by trekker7 » Fri, Sep 14, 2007, 1:45 AM UTC

pbnaidu wrote: post #5

nreece wrote: post #3

A millionaire doesn't even have his own private parking space? Sounds fishy :)

What if a millionaire lived in some other city and drove to New York City to get to the air port?

then have the butler drive the car back

Re: How a Millionaire's Brain Works

#8

Post by paul » Fri, Sep 14, 2007, 2:50 AM UTC

Alex3917 wrote: post #4

I've heard that a lot of billionaires are extremely frugal. They'll do things like drive three hours to save a couple hundred bucks on a new car. Apparently because they get solicited for money all the time, a lot of them get very paranoid about being taken advantage of.

That's a good idea if your time is worthless. "Penny-wise and pound-foolish"

Re: How a Millionaire's Brain Works

#9

Post by pg » Fri, Sep 14, 2007, 3:00 AM UTC

This is not how any millionaire I know's brain works. Maybe I know an unrepresentative sample, but most focus their ingenuity on novel ways to create wealth rather than novel ways of avoiding expenditure.

Re: How a Millionaire's Brain Works

#10

Post by Elfan » Fri, Sep 14, 2007, 3:05 AM UTC

Alex3917 wrote: post #4

I've heard that a lot of billionaires are extremely frugal. They'll do things like drive three hours to save a couple hundred bucks on a new car. Apparently because they get solicited for money all the time, a lot of them get very paranoid about being taken advantage of.

See the "Millionaire Next Door" for an elaboration on this. That or another one of the books in the series has a long chapter on automobile purchasing habits.