Samsung CEO Jong-hee Han has died

Post by iwontberude » Tue, Mar 25, 2025, 3:34 PM UTC

bluGill wrote: post #60

Workaccount2 wrote: post #44

Earlier quoted context omitted.

Just a heads up, this only works well if you have a nice cushion of cash to do it on. Someone with 30% tech ability will easily out-earn someone with 100% ranching ability. And have way more free time. And live way more comfortably. Don't be fooled, the greenest grass is in the tech sector (and finance too).

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…

Post by nostrademons » Tue, Mar 25, 2025, 3:46 PM UTC

bluGill wrote: post #60

Workaccount2 wrote: post #44

Earlier quoted context omitted.

Just a heads up, this only works well if you have a nice cushion of cash to do it on. Someone with 30% tech ability will easily out-earn someone with 100% ranching ability. And have way more free time. And live way more comfortably. Don't be fooled, the greenest grass is in the tech sector (and finance too).

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…

Post by thehappypm » Tue, Mar 25, 2025, 3:56 PM UTC

tw1984 wrote: post #40

maxloh wrote: 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…

> It's common for Asian people It is only common in Northeast Asia (China, Japan and Korea).

Post by geodel » Tue, Mar 25, 2025, 4:03 PM UTC

xtracto wrote: post #48

onlyrealcuzzo wrote: post #7

Earlier quoted context omitted.

The guy was making ~$4M per year. Presumably he was living a quite nice and comfortable life.

This makes me think... how is it that in 2025, a 63 year old super rich guy can die of a heart attack. By now, we should have some sort of portable appliance a medication that would save us from sudden heart attack.

Post by whycome » Tue, Mar 25, 2025, 4:09 PM UTC

cheschire wrote: post #41

awongh wrote: post #30

Earlier quoted context omitted.

Maybe you're not familiar with the Chaebol system in Korea, but the leadership of Samsung is like some kind of modern-day monarchy-(not necessarily the CEO but the founding Lee family are royalty in the inheritance sense)- Samsung the company exists as a sort of independent nation-state that drives the Korean economy. (this guy was in charge of about 1/4 of the GDP of the entire economy of Korea) Saying "all he has t…

Well that and over 30 years more life…