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I am rich and have no idea what to do

vinay.sh

191–200 of 1001 posts

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

#193
post #182

"Working at DOGE" for 4 weeks reminds be of "Teach for America"... maybe it's fairly smart people with decent intentions [1] but not what's needed - not people taking a break from getting rich to do some charity work - rather what's needed is dedicated professionals devoting their careers to teaching / governance. [1] for the record, I don't think that DOGE has good intentions. A lot of the tweets are nonsensical and…

If they had good intentions, they wouldn't be conducting all of their business on FOIA-proof Signal (or so I like to imagine).

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

#194
post #40

Peak, peak HN. "I am rich and yet find it to be unfulfilling and not the ultimate goal of human existence" and yet, "I am a big fan of capitalism" and repeat wholesale its most puerile, naive ideological propaganda mantras (see his about page) which are meant to justify _exactly_ that. Bud, seems like you have some more thinking to do if you think those two positions are perfectly congruent.

The company got nearly 2B of dollars in investment, was acquired for half the price, and the founders somehow managed to make a profit. No wonder he's a fan. Which other system would allocate resources so effectively?

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

#195
post #36

Therapy. Wealth and success is one of the most massive crutches there is. It can make it almost impossible to be truly in touch with your insecurities and pain because its simply too easy to hide in your victory. Your toughest challenge now is to, despite your wealth, find a way to contact the pain that drove you to your hunger for success. As the bible said, it's easier for a camel to get through the head of a needl…

"eye of the needle" refers to a small gate or passage in ancient city walls, used after the main gates were closed at night. A camel could only pass through this narrow opening if it was unloaded of its baggage and possibly crawled through on its knees. Not as hard or impossible as it first appears but still harder.

I never knew that. Makes the metaphor a lot more applicable.

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

#196
Are we supposed to feel sorry for him? Poor people have the same existential thoughts too. At least he has the freedom to choose what he wants to do and not to be beholden to anyone, which is the whole damn point of being rich. No one ever claimed wealth solves all of life’s problems. Anyway, his lack of grounding is most likely from lack of a family.

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

#197
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,…

There is also no financially engineered solution possible when one of the groups has final say on whether anything changes and if it does, what exactly—at least when that group gains from the status quo. Cut x number of federal programs? You’ve now also directly reduced the amount of money flowing into y number of Congresspeople, and the number of districts in which that reduction doesn’t also make reelection more (marginally) troublesome is asymptomatic to 0.

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

#198
Maybe you’ve got it right.

I lost it all. I spent some time grieving, did some crazy things, decided to build wealth all over again, but then didn’t. I instead picked a topic and started learning. Three degrees later I’m pushing the boundaries of a field I had never heard of in that past life.

I’m not rich, but I’m comfortable.

I’m happy.

Enjoy Physics. It’s awesome.

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

#199
I'll be downing tools this year. Haven't seen 8" floppy disks but 5 1/4" sure. That's where we started.

I think even with a lot less one can simply let go and retire. But lots of ducks need to get in row.

Personal health Family situation Where you are Where you came from Hobbies & interests Good spouse

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

#200
post #46

See this is why people need to get married. If I have no idea what to do, my wife will surely think of something.

Children are pretty good at providing you with purpose too if you lose yours.

SO true. I am having a midlife sort of crisis myself (lost as a founder a bit) but my kids keep me going with a purpose. When you have kids, you don't have the luxury of not doing anything.
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