>"well, they're irrational even though I've never been in their same situation".
You're going to have to define your level of richness for me to answer that. But some people hoard dumb stuff even if they're rich. Some people leave close connections out in the cold that causes untold amounts of social damage that comes to bite them later on. Some people sink large amounts of money on vanity projects and dumb investments that put them back to square one.
I can understand attempting to do good an incurring a "dumb cost" as a stupid criticism of the rich. Some rich people don't even do good things, they just waste money and opportunities. Even some people on the pathway to being rich waste the opportunity. There is a story about a guy starting a scooter company. The scooter has two footholds in a V formation that lead to the central pillar you hold onto like a normal scooter. The inventor hooks up with Richard Branson and is set to hit probably tens of millions if not hundreds from all the way it was playing out. At the last hour before committing to launch he decides it's too much for him and sits it out. He goes home to a shitty job where he knows how everything works and has a middle class life.
Why?
Moving into any particular position in life takes a huge mental and social change, I can see rich people burning out and throwing their money away back down a few notches as they relax into a more common path in life. It can't only be measured in character or personality though. There is something else going on.
I've known people scared of accruing a lot of money. We outsource our money management to tax accounts, banks, brokers, dealers, financiers all the time. There is a deep principle in money or large quantities that is taken for granted. Emphasized even in the US. What is it that grants some the ability to manage a flood of cash, and others drown?
Homelessness in the US is not death, unless you choose it to be. It is exile at it's deepest. People come back from exile, not from the finality of death.
You're going to have to define your level of richness for me to answer that. But some people hoard dumb stuff even if they're rich. Some people leave close connections out in the cold that causes untold amounts of social damage that comes to bite them later on. Some people sink large amounts of money on vanity projects and dumb investments that put them back to square one.
I can understand attempting to do good an incurring a "dumb cost" as a stupid criticism of the rich. Some rich people don't even do good things, they just waste money and opportunities. Even some people on the pathway to being rich waste the opportunity. There is a story about a guy starting a scooter company. The scooter has two footholds in a V formation that lead to the central pillar you hold onto like a normal scooter. The inventor hooks up with Richard Branson and is set to hit probably tens of millions if not hundreds from all the way it was playing out. At the last hour before committing to launch he decides it's too much for him and sits it out. He goes home to a shitty job where he knows how everything works and has a middle class life.
Why?
Moving into any particular position in life takes a huge mental and social change, I can see rich people burning out and throwing their money away back down a few notches as they relax into a more common path in life. It can't only be measured in character or personality though. There is something else going on.
I've known people scared of accruing a lot of money. We outsource our money management to tax accounts, banks, brokers, dealers, financiers all the time. There is a deep principle in money or large quantities that is taken for granted. Emphasized even in the US. What is it that grants some the ability to manage a flood of cash, and others drown?
Homelessness in the US is not death, unless you choose it to be. It is exile at it's deepest. People come back from exile, not from the finality of death.