the marginal utility of a SECOND $100M to me is roughly zero I'd take that first $100M, drop it in the market, and live off of 4% (4M/yr) for the rest of my life.https://twitter.com/trahvv/status/1344524491326709762 …
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I think that there are fuzzy boundaries around order-of-magnitude effects, something like Go from fly first class to @ 10 M: fly NetJets to @ 100M: buy share in BBJ, all for personal travel, for example. 2x my income -> little change 20x my income -> some change in lifestyle.
yes, strong agree I've moved up maybe 2 levels from early adulthood 23 yo: $100 disposable cash per month, after rent student loans etc 35 yo: own house, eat out w friends 49 yo: farm paid off, buy any household item or tool I want at any time, recreational lawsuits
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