Conversation

The larger the pile of money the dumber it is If you have only $10 it is probably really smart money because you’re going to think hard and object level about spending it If you have $10B, it’s being deployed mostly in > $250m chunks via org charts with 7 levels of bs theories
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The largest object level thing you might ever buy even as a billionaire is probably like a car. Anything bigger, you’re actually buying a theory of ownership with multiple levels of abstraction each with assumptions.
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For eg. buying a refurbished aircraft carrier — probably biggest “existing thing” that is ever bought — means buying training, maintenance, technology transfer, etc. Above that, retrofit/upgrade roadmaps, aircraft options, fuel futures… it looks like a “thing” but is not.
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Replying to
Hmm…what about giant stone monuments? Probably physically biggest Actual Thing you can buy (cars more complex, obviously). Also I think cars increasingly are not AT…Teslas depend on over-air software updates. Not clear they work for long if Tesla disappears.
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