At a party given by a billionaire on Shelter Island, the late Kurt Vonnegut informs his pal, the author Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch 22 over its whole history. Heller responds, “Yes, but I have something he will never have . . . E... See more
In the absence of strong convictions about what you want from life, you will always default to wanting more money. It’s the lowest common denominator of desire in a society with any semblance of upward mobility. The key to escaping this cycle is first establishing your priorities (family dynamics, geography, lifestyle, whatever) , and then figuring... See more
For over 99 percent of our species’ history we lived amidst scarcity. Thus you, dear reader, like me and everyone else, evolved to seek out high-reward, low-energy-needed-to-acquire goods. This strategy worked well for hundreds of thousands of years. But now, in modern times of abundance, it is backfiring. Like so many things, what works, works—unt... See more