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I am rich and have no idea what to do

vinay.sh

171–180 of 1001 posts

Re: I am rich and have no idea what to do

#171

I mean if you're looking for a todo list, travelling to third world countries and tipping just like $5 for normal service and seeing people's eyes light up is fun.

I did this once in a restaurant in a small town in Mexico. I called one of the service people (not even a waiter, this was a casual joint where you order at the counter), slipped them $100, and watched their face light up. it was cool.

Re: I am rich and have no idea what to do

#172
post #69

I am really, really eager and excited to see the result when these DOGE-istas cook up whatever insanely “rational” schemes they imagine will make government not completely “dysfunctional” roll them out to the people they actually need to implement them (i.e., Congress). Surprise! Politicians only claim to care about budget and spending matters when the opposite party is in control. But I think most of us aren’t so na…

Agreed, but you have to look at this from “government and elites realized that we’re screwed, and need to just do whatever possible to see what sticks” perspective. This time banging the drums actually might matter because a competitor (China) has caught up in most of industries and playing the “win at all costs” mode. I have no idea how US is going dig itself out of this situation as there’s no cultural, economical, nor political alignment.

There is a genuine belief in some people that if you just put a few thousand smart people into work, they’ll have a solution. But what is lacking, I think, is boots on the ground employees for numerous amount of industries. They’re thinking of a financially engineered solution, but there’s no appetite to pay or maintain an industrial workforce.

Re: I am rich and have no idea what to do

#176
"Ambition is the first curse: the great tempter of the man who is rising above his fellows. It is the simplest form of looking for reward. Men of intelligence and power are led away from their higher possibilities by it continually. Yet it is a necessary teacher. Its results turn to dust and ashes in the mouth; like death and estrangement it shows the man at last that to work for self is to work for disappointment."

Re: I am rich and have no idea what to do

#177
I'm living a pretty okay life, I need money for certain things and helping my friends and family takes a lot of money. I think the guy in this article and some of the people in this thread have their perspective warped by the amount of money they have. (This has been proven time and time again: https://caldaclinic.com/the-psychology-of-wealth-and-how-it-... )

Try making some friends with people who aren't as wealthy as you and try to help them out, maybe they need something that is out of their reach, maybe their family needs expensive medicine or something. Anyways, my TL;DR is make friends, spend your money on others and stop hoarding it because it won't make you happy.

Re: I am rich and have no idea what to do

#178
shows you just how much luck really is involved versus having insatiable grit, determination, skill, etc to be successful.

Guy seems amazed that based on whatever probably incorrect information he gets about the government being inefficiently run left him aghast.

Dude got super lucky on a bet about remote work that is not even panning out for the purchaser.

Re: I am rich and have no idea what to do

#179
post #73

I don’t think his problem is money. I think his problem is his identity (founder of Loom) suddenly disappeared. Now he needs to develop a new identity. This is especially difficult for single founders without kids (in the sense that people with spouse/kids already derive much of their identity from those 2 things). Selling a company isn’t all that different from going through a divorce (in the sense that your identit…

Is this not the same problem everyone faces when they retire?

Re: I am rich and have no idea what to do

#180
Congratulations to the author! They basically "won" and did something that most people on HN can only dream of.

My 2 cents: I would devote the remainder of my life to solving problems that the current system is unoptimized for. Things that seem intractable like the housing crisis, homelessness, climate change, food insecurity. Like this guy who is trying to re-green a part of the Sonoran Desert after getting a windfall from helping the El Salvadoran government switch to Bitcoin [1].

I think ultimately the author is going to have to find a very difficult task/goal that will require similar if not greater effort compared to starting Loom.

[1] https://www.youtube.com/watch?v=D6fl8dap5nk

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