| ▲ | vintermann 2 hours ago | |
> To create great wealth in a vibrant capitalist society you have to have some model about the world you can exploit. As an individual? No. There's an interesting paradox here. The paradox is that almost no matter what game you're playing, you want to play safe when you're winning and take chances when you're losing. That's what most rich people actually do, and naturally they take as few chances as they can. But the richest of the rich, aren't going to be those. The very richest are going to be those who are comfortably winning, but still feel the need to take high-risk bets. Usually because of a pathological need to prove themselves. A few of them, that is. For every Jobs, Musk etc. there's going to be twenty rich failsons who failed in their big bets. You just don't hear about them - why would you, they're now a much lower tier of rich. So I don't think it's necessary to assume the super-rich has a better model of the world than average. Because of this effect, I think they're more likely to have deeply flawed models of the world, and in particular, deeply self-destructive personal values. There are a number of recent antics from Musk and Trump in particular which I think can illustrate that well. You'd think they'd both be happier people if they were more content with what they had and weren't so eager to fuck up the world for the rest of us - but their messed up personal values get in the way of that. | ||