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Samsung CEO Jong-hee Han has died

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Re: Samsung CEO Jong-hee Han has died

#161
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'm going soft ranching as a hobby. Honestly, I want to get a few cattle which I control the inputs too 100% such that get 100% grass fed beef. My profit is primarily driving down my costs as much as possible such that I can become self sufficient. My wife and I are carnivores, so our diet is basically beef, butter, bacon, eggs. I'll start with raising chickens such that I can produce at least a dozen a day. Then I'l…

You can do that on 10 acres, which is affordable near a city. (possible even a reasonable commute to the suburbs. It will feed you but won't otherwise pay the bills (probably not even property taxes!) so figure out how to handle health insurance, and those other details of life.

I know enough about this to know that it isn't for me. It will sometimes be hard dangerous work. There will be late nights and early mornings. You can't take a vacation unless you find someone to cover for you. There will be years when there is a crop failure of some sort and you have nothing to work with. I'm happy working for John Deere where I get to meet and learn about the people doing this but I work my 40 hour weeks and go home.

Re: Samsung CEO Jong-hee Han has died

#162
post #45

Earlier quoted context omitted.

More like you are pushing your perspective out here. You think he didn't enjoy being in charge of an organization that was building some remarkable products and pushing the possibility of what humanity can build? I think maybe you would prefer sitting on a beach doing nothing but I bet you this person enjoyed what they were doing on the whole.

>but I bet you this person enjoyed what they were doing on the whole. well given that the man just dropped dead of a heart attack at his daughters wedding at a relatively young age I'd maybe take that bet. I'm currently reading Evan Dou's book on Huawei and one constant among the leaders in that company seems to be mental and physical exhaustion, up to depression, chronic illness and suicide, virtually no time spent…

You under estimate that people very much want to build and be part of something lasting and meaningful.

Certainly takes its mental toll - its part of the trade off and it certainly isn't for everyone. Its a demanding job.

My point is that some people want that and some people want to hang out at the beach - its a personal choice.

OP original comment is question why people work so hard - because sometimes to do important things it requires hard work.

Re: Samsung CEO Jong-hee Han has died

#163

Earlier quoted context omitted.

Sorry, I meant how did they come over? I don’t know there were any pre-1965 desis.

Stowed away in 1929 to NYC. A lot of Bengali and Punjabi Muslim sailors jumped ship there and in New Orleans to some extent (Google Fatima Shaik) and tended to marry Blacks and Latinos. On the west coast it tended to be more Sikh farmers.

Fascinating story!

Re: Samsung CEO Jong-hee Han has died

#165

Earlier quoted context omitted.

Stowed away in 1929 to NYC. A lot of Bengali and Punjabi Muslim sailors jumped ship there and in New Orleans to some extent (Google Fatima Shaik) and tended to marry Blacks and Latinos. On the west coast it tended to be more Sikh farmers.

Fascinating story!

Thanks! Might have been 1919-1920 actually, I have to check.

Re: Samsung CEO Jong-hee Han has died

#166

Earlier quoted context omitted.

>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 n…

$7k for IRA contributions in TY24 and TY25

Re: Samsung CEO Jong-hee Han has died

#167
post #42
post #35

Earlier quoted context omitted.

It's common for Asian people, especially Asian men, to work like hell for their parents and children, and not really think about what other life choices they have. That's caused by social values and expectations – people think you are disrespectful to your parents if you don't provide them and carry on the family name. That happened to my dad too. He worked really hard for his family, but as his child, it is crystal…

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…

>For all the talk of “choice”—Americans don’t really that happiness is itself a choice.

Dead on. This is the end state of materialism. An mindset where happiness is not something to be created internally, but externally bought or acquired.

Re: Samsung CEO Jong-hee Han has died

#169

Earlier quoted context omitted.

[flagged]

Regardless of parent's bile, it's kinda hard to avoid Samsung products without living in a cabin in the woods. Don't Apple phones use Samsung displays ? Doesn't the pixel phone use a Samsung processor ? Will you check if it's not Samsung RAM or SSD when buying a computer ? It's just not a company that can be avoided that easily.

> Regardless of parent's bile, it's kinda hard to avoid Samsung products without living in a cabin in the woods

Not everybody is an Apple fan.

Re: Samsung CEO Jong-hee Han has died

#170

Earlier quoted context omitted.

Could be worse. At least he got to live to see his daughter get married before logging out. I call that a win.

I don't know much about his family life, but it's very plausible that he spent more time working during his lifetime than with his family, and this is a good take. Considering the company's state of affairs, I would assume he was under a tremendous amount of work-related stress during the last few years, if not the majority of his career, peaking in this role.

> I don't know much about his family life, but it's very plausible that he spent more time working during his lifetime than with his family

Because we all know that CEOs are hard working individuals. Only the developers are lazy. /s

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