Post APCm6T4d4tO2Y5ITlg by nickwedig@dice.camp
 (DIR) More posts by nickwedig@dice.camp
 (DIR) Post #APCm6T4d4tO2Y5ITlg by nickwedig@dice.camp
       2022-11-02T13:24:05Z
       
       0 likes, 1 repeats
       
       People think being a billionaire means you're an expert with money, but it's almost exactly the opposite. Being a billionaire means that you have no idea how money works. It means that you have functionally infinite money, which means you never have to face the everyday choices people have to make about money and value. "Is this purchase worth the price?" is a meaningless question to a billionaire, because spending any amount of money within human comprehension is basically the same to you.
       
 (DIR) Post #APCm6TQblAy3eFa21g by adamasnemesis@social.adamasnemesis.com
       2022-11-02T20:46:54Z
       
       0 likes, 0 repeats
       
       @nickwedig Eh, it really just depends. If you're at peak Elon Musk or John D. Rockefeller levels, in the hundreds of billions, then yeah, sure, in principle you can afford pretty much anything humanity can produce for you. If you're just over $1 billion, though? You can't even afford to have your own orbital rocket company on that kind of wealth base, so you still have to economize, even if only at a far higher level than 99.9% of the populace do.