Just go to therapy dude instead of trauma dumping on HN
I am rich and have no idea what to do
261–270 of 1001 posts
Re: I am rich and have no idea what to do
#262I'll never be rich but if I were I'd just travel. That's it. So many places to explore. Completing the 88 temples Shikoku Pilgrimage is one my lifegoal https://en.wikipedia.org/wiki/Shikoku_Pilgrimage
Re: I am rich and have no idea what to do
#263The author co-founded Loom [0], which was acquired by Atlassian a year ago ~$1B. If the insights are correct, each cofounder netted ~$56M [1] [0] https://vinay.sh [1] https://www.cbinsights.com/research/loom-valuation-investor-...
So after taxes, around $35 million? Still a lot
Re: I am rich and have no idea what to do
#264Therapy. 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…
A rich man won't be attracted to heaven in the first place, for it's a place for people who enjoy giving something to others and rarely think about themselves. Hell, on the other hand, would mesmerize a typical man of ambition for it's a world of selfish might and power.
Re: I am rich and have no idea what to do
#265Re: I am rich and have no idea what to do
#266> I should work for Elon and Vivek at DOGE and help America get off its current crash to defaulting on its own debt I’ve got an idea: take some good economics courses so that you learn how government spending actually works.
I think you missed the point of DOGE. This isn't a problem about navigating and optimizing a complex bureaucracy, it's to call out that massive bureaucracy exactly where it comes at a high cost and little, perhaps even negative, value. This is a managerial problem and a political problem at its core. We should all be rooting for them to succeed and table their findings, in plain speak for all the public to see. Then it will be up to the elected officials to act on it.
Re: I am rich and have no idea what to do
#267Re: I am rich and have no idea what to do
#268[flagged]
This post wasn’t upvoted because of economic or philosophical insights
Re: I am rich and have no idea what to do
#269It's not really a lot of money, but it is a non-trivial management problem you'd have to spend more time than you think responding to- and at an opportunity cost against things that provide belonging, satisfaction, hope, and joy. With these new obligations, you need to manage them so that you can focus on those other good things.
Get it managed, out of cash, and get it planned for and pay yourself your old salary with a small raise for a bit. Be sober for a while. Avoid sex workers. Rent a supercar before buying one. Use a personal trainer to get fit. your job is "managing investments" to anyone who asks. Luxury is mostly symbolic. Family and friends are both free and irreplacable. Privacy and mobility are usually worth it.
It's not something you are, it's just something you manage now. There's a great quote from the BlueBottle coffee guys, "money in hand, not in heart" or somesuch. How to extract value from a big pile of cash is a challenging question that really smart wealth managers get paid stupidly well to solve, and there's zero reason why you should think you can do it without investing in some education. Take some time to grieve the attachments it has evaporated.
You're just you with a new and peculiar set of problems. Good luck.
(I don't have that money, but I've known it most of my life, and within my means I've just learned to do the things that people who can have anything in the world choose to do. they're pretty good.)
Re: I am rich and have no idea what to do
#270It’s always climbing mountains. Why does nobody ever go money-mad and excavate an exact replica of the dwarven city of Khazad-dûm in the Black Hills of South Dakota?
The "10,000 Year Clock" that Bezos is funding is kinda like that: https://www.10000yearclock.net/learnmore.html