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0 pointsjimnotgym3y ago0 comments

This is all much easier if you grow up wealthy. If you start life with a trust fund and people around you who know how to manage wealth, you have a huge advantage

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nugget3y ago

Many children of the UHNW families I know are raised by a rotating cast of nannies and emotionally neglected by their parents. It's heartbreaking to watch the psychological damage being done. Given a choice for my embryonic self I'd choose an upper middle class couple with high degrees of empathy, one mostly stay at home parent and an obsessive focus on curiosity, knowledge, and self-education.

philwelch3y ago

Sometimes you develop a crippling drug addiction and go bankrupt.

jimnotgymOP3y ago

I personally don't no. I have been ill, I have had to give up on a career in an industry that died and retrain. I have been subject to a very costly legal challenge that was not even close to being of my own making. I am moderately intelligent, but luck didn't care.

Luck can be a bastard like that

philwelch3y ago

I’m sorry to hear that, and I’m agree it isn’t your fault or the result of some personal flaw on your part that you’re not personally rich. What I’m saying is that on a larger statistical level, when we are talking about entire populations, those random factors still exist but nonrandom factors also exist, and the nonrandom ones are the ones that show up in aggregate once you have enough of a sample size.

j / k navigate · click thread line to collapse

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nugget3y ago

philwelch3y ago

Sometimes you develop a crippling drug addiction and go bankrupt.

jimnotgymOP3y ago

Luck can be a bastard like that

philwelch3y ago

j / k navigate · click thread line to collapse