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Samsung CEO Jong-hee Han has died

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Re: Samsung CEO Jong-hee Han has died

#141

Post by jpc0 »

rm_-rf_slash wrote: post #32
Imustaskforhelp wrote: post #23

Earlier quoted context omitted.

I mean, maybe he meant to point out that south korea as a country focuses way too much on this work culture and he might've sacrificed his precious family time / just became a "well off cog" in this huge machine. Maybe he was passionate. Maybe he felt obliged / motivated even to prove to others who helped him get to CEO that he was the right choice. But in the end , like all people , he died. In the end , all he had…

Not SK in particular but the point of all of this in general, especially for those who have reached such heights. 63 is a young age to die in a rich country, especially for a corporate titan. Warren Buffett has been at the helm of Berkshire Hathaway an entire-my-lifetime of years between him and Jong-hee Han. Gabe Newell famously has yachts around the world, explores the oceans and seems to be enjoying the fruits of…

This is most definitely a viewpoint on life.

I've also worked with people with an entirely different viewpoint and I highly respected them and don't think they lived any less of a life, in fact they are greatly missed and leave behind a legacy.

The architype of those people, "I'm not slowing down, while I can still do my work I'll go on until they take me out of here feet first. That's why you guys are around me, I expect you to call me out when you see me slipping." And they really did get carried out feet first. Their memorials were attend by thousands willingly and they are still respected and an inspiration to those that worked with them.

Neither is wrong. Life isn't binary either. If someone is happy who are we to judge their life.

Re: Samsung CEO Jong-hee Han has died

#142

Post by geodel »

slightwinder wrote: post #89
SirMaster wrote: post #71

Earlier quoted context omitted.

Do you actually know anything about his life? I don't know how you can make that assumption at all.

No, I don't, which is why I wrote it's "my assumption". What I know is the life of managers, high performers, Korean culture, and that he died too young. People in that position usually have an awful work/live-balance, too much stress, not enough time for their own personality and self-fulfillment because of a toxic environment. The average life expectancy in South Korea seems 82.68 years. So he died nearly 20 years…

He reached to top of his profession, high social status, decent money. Maybe it is USA/western obsession with longevity. From where I am, people would totally fine if someone died in 60s after such high level accomplishments.

Re: Samsung CEO Jong-hee Han has died

#143

Post by bluGill »

nostrademons wrote: post #93
bluGill wrote: post #60

Earlier quoted context omitted.

Ranchers make far more money than you think. They have to manage years where they are losing $100,000 per month, but the good years they make more than enough to make up for that. The hard part is getting started. You can't make a ranch work on just a little bit of land, you need thousands of acres of land in an area where you can get to all those plots every day. Getting bank loans on that means most ranchers start…

I figured that the best way to own a ranch is to start a successful tech company, sell it (or parts of it), buy a bunch of ranchland, and then hire ranch hands that always wanted to get into the business but didn't have the capital for it. That seems to be what all the tech billionaires do. Gates, Bezos, and several old-line tech company heirs are all big ranch holders.

You run into the same problem of everyone else: there is only so much land and so you compete with everyone, including those ranch hands that want to get into it (and likely have their own holdings they are working when not on your shift). That they are working their own land means they have some ability to out compete you (though their lack of capital means you will have a much larger investment).

Also many states have laws against corporate farmers that can get you.

Re: Samsung CEO Jong-hee Han has died

#144

Post by rayiner »

nostrademons wrote: post #103
yhavr wrote: post #53

Earlier quoted context omitted.

> I don’t think my kids would be happy if I quit my high paying job to pursue my dreams or whatever Wasting life on a lifestyle one doesn't enjoy, just to raise another generation of life-wasters? I don't get this ponzi scheme at all.

I'm from a similar bicultural household as rayiner, though from comment history I'm guessing I come down more on the American side. I've got enough of a background in both cultures to parse out and explain the differences though. It's not perceived as "wasting a life" or "not enjoying it" by the parent, and oftentimes not by the child either. Rather, it's different values, different time preferences, and different co…

Great summary. I’d add that it’s largely unconscious. It’s like, fish are happy swimming. Why wouldn’t they be?

I will have to check out the Farewell, didn’t know about it!

Re: Samsung CEO Jong-hee Han has died

#145

Post by bluGill »

lotsofpulp wrote: post #130
bluGill wrote: post #60

Earlier quoted context omitted.

Ranchers make far more money than you think. They have to manage years where they are losing $100,000 per month, but the good years they make more than enough to make up for that. The hard part is getting started. You can't make a ranch work on just a little bit of land, you need thousands of acres of land in an area where you can get to all those plots every day. Getting bank loans on that means most ranchers start…

>At 60 they have paid off most of the land which is now worth millions and so are rich by any measure in ways most tech jobs cannot get to A person with the drive and intelligence to start ranching at 20 and put in 80 hours weeks in their youth could have done well in tech too, socking away $100k or more in tax advantaged retirement accounts, all the while having PTO and weekends. Also, most people like to leave near…

You can only put $38k/year into tax advantages accounts working for someone else - $20k in the 401k, $10k with a match (that would be a generous match, but not unrealistic), and $8k in an IRA. You can double it if you are married. Everything is is not tax advantaged. If you work for yourself there are other retirement laws.

You can of course put as much as you want into real estate (which if you rent out can give a nice return), or other investments. However the tax advantages do not apply.

Ranchers don't normally put anything into tax advantaged accounts, but they tend to put a large portion of their gross income into real estate. By 60 their take home pay is higher than tech and those large investments have grown to more than most in tech make.

Urban and rural areas allow for different life styles. I've lived both and when I'm in one I miss the other.

Re: Samsung CEO Jong-hee Han has died

#146

Post by rayiner »

selimthegrim wrote: post #109
nostrademons wrote: post #103

Earlier quoted context omitted.

I'm from a similar bicultural household as rayiner, though from comment history I'm guessing I come down more on the American side. I've got enough of a background in both cultures to parse out and explain the differences though. It's not perceived as "wasting a life" or "not enjoying it" by the parent, and oftentimes not by the child either. Rather, it's different values, different time preferences, and different co…

I am probably one of the very few people on HN who came from a very similar household to rayiner but descended from pre-1965 south Asians in the US so I can tell you that all his suppositions do not necessarily hold for that group

I’m sure that’s true. Who were the pre-1965 south asians?

Re: Samsung CEO Jong-hee Han has died

#147

Post by rayiner »

makeitdouble wrote: post #57
rayiner wrote: post #42

Earlier quoted context omitted.

Is that an improvement, or is it just more of a western mentality? I was raised by asian parents (who had no life of their own), and my wife was raised by Anglo American parents (who “put more focus on their own life”). And from my perspective as a child, I’d rather have my upbringing than her’s. And I’m happy to pay it forward and do for my kids what my parents did for me. I think “choices” are vastly overrated. I d…

> Not that there’s anything else I would want to do! That's the key part IMHO. If you're happy with the balance you landed on, why not. I think some kids really benefit from the traditional Asian style, and they reach levels that would be hard to reach otherwise. The main issue is not all kids are in that boat, and they'll need to be miserable for a pretty long time before the parents change course and try alternativ…

> That's the key part IMHO. If you're happy with the balance you landed on, why not.

But I would go further and say that lots of american kids who feel aimless would be happier if they were raised in a culture that tells them what to do and then socially rewards them for doing it. The efficient market fairy is a bad way of thinking about how the economy works, but it’s also a bad way of thinking about how people work.

I agree that, in asian society, some portion of kids suffer from being a square peg that parents try to shove in a round hole. But I think Americans overestimate the share of the population that’s square pegs, and underestimate the share of the population that would be happier being told what shape they are and what hole they fit into.

Re: Samsung CEO Jong-hee Han has died

#149

Post by selimthegrim »

rayiner wrote: post #146
selimthegrim wrote: post #109

Earlier quoted context omitted.

I am probably one of the very few people on HN who came from a very similar household to rayiner but descended from pre-1965 south Asians in the US so I can tell you that all his suppositions do not necessarily hold for that group

I’m sure that’s true. Who were the pre-1965 south asians?

My father's mother's family. My mother is an 80s immigrant.

Re: Samsung CEO Jong-hee Han has died

#150

Post by mathgladiator »

freedomben wrote: post #105
mathgladiator wrote: post #3

Earlier quoted context omitted.

It's a good question. My home was recently destroyed by fire (not a total loss of dwelling, but 95% of contents due to smoke and water), and I'm quitting tech to accept being a rancher and body builder. I love tech, but tech doesn't love me. So, #yolo on to the next thing.

In 3 to 5 years once AI is doing most of our tech jobs, we may look back on this comment as someone with laser vision

Maybe. I was using AI via API, and I was building a tool chain to build a social network with PHP... I realized that I could focus on the product, but then I realized I was solving a problem which is social in nature rather than technical.

I am going to get in absolute peak shape, get a few cattle, raise some chickens to produce eggs, and maybe study to become a personal trainer.

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