41–50 of 612 posts
I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
I agree with you. There are so many more worthwhile things to do than investing. I would also retire immediately with that kind of money and focus on creating real value in the world
I read somewhere that Bershire Hathaway had sort of finished it's mission. 40 years ago there were lots of large companies who were very 'inefficient' and BH would come along, invest a lot, and start demanding changes. Company performance would improve and BH would make big $$$$. Now there are few of these and it is hard to do. I don't know enough to know whether it is right or wrong. but I think that is what I read.
That said, the turnaround 'mission' you mention about still happens, but is more associated with private equity than Berkshire.
I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
Work life is quite a lot different for a working-stiff than it is for a CEO. In large part, their company is an extension of themselves. Work whatever hours you want to. Private plane to take you wherever you want to go for free, if you can come up with a work-related excuse to go there (with no need to justify not coming back for weeks). Multiple folks acting more-or-less as your personal assistants. An office bigge…
I read somewhere that Bershire Hathaway had sort of finished it's mission. 40 years ago there were lots of large companies who were very 'inefficient' and BH would come along, invest a lot, and start demanding changes. Company performance would improve and BH would make big $$$$. Now there are few of these and it is hard to do. I don't know enough to know whether it is right or wrong. but I think that is what I read.
Earlier quoted context omitted.
I'm at that point now, debating when I'll retire. We only live once and I'm not sure if I should continue working. I've reached financial freedom at a pretty young age. It's a daily debate in my mind when to call it quits, but I've never not worked and it's difficult to make the change. What I'm missing in life is time and that's what work takes from me and is the driving force behind my desire to retire -- time to d…
If you don’t have family or kids do not stop working.
I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
I agree with you. There are so many more worthwhile things to do than investing. I would also retire immediately with that kind of money and focus on creating real value in the world
I will never undertand this people that live all their life working, when they clearly have the chance to retire much sooner. I will retire right away if I had 10 millions. Maybe 50 millions if I was younger than 40.
Can you imagine reading and researching the world on your retirement? Because that's what people like him do, except they mainly focus on 10-K statements. Those are genuinely interesting to read once you learn to skip boilerplate and go for the content.