. said:

i'd probably simplify this. these kids are unhappy because they are constantly reminded of the virtual unattainability of happiness.

peoples' happiness is generally a function of their perceived competitive set. the guy in the biggest house in a working class neighborhood probably has more happiness than the guy with the smallest mantion at the country club. this is pretty well established stuff.

but one's family is ALWAYS part of one's competitive set. it is difficult to be happy if you are always and forever measuring yourself against ancestors who through some combination of hard work and good luck landed in the top 0.1% of net worths (where these mega-rich families are).

and in fact it is certain that luck has played a role at the farthest end of the distribution. having known lots of them, i believe the difference between self-made people worth say $5 million and $50 million usually comes down to luck.

so here you sit, constantly comparing yourself to someone whose accomplishments you can almost certainly never match, owing to the fact that you almost certainly can't replicate the luck they invariably had.

that's a recipe for misery.

. said:

I'm just going to stay home. Read some books. Hang out with the wifey.
\


LOOOOOSER! YOU AND YOUR FAT WIFE ARE GOING TO READ BORING BOOKS! LOOOOOOOOOOOOOOOOOOOSER!
\

. said:

She was amazed, because growing up, her parents just had a big jar of money in the kitchen, and anytime she needed money, she just got money from the magical jar of endless money.

THAT JAR SOUNDS JUST LIKE THE FEDERAL GOVERNMENT!
\

. said:

I hate my parents as well, and now my mother just called and said she wanted to invite me to go to Europe, with her, for 13 - 17 days in September. Of course she will pay for everything. But why the fuck would I want to hang out with mother for so fucking long?

Being poor is fucking a curse.

. said:

You want to strive in life to have "enough" money. No more, no less. I learned that the hard way, as once people know you have money they seem to completely fucking hate you and have a bone to pick with you.

. said:

you fuckers don't care about my suffrage? Do u know how much pain this is going to be being stuck w/ parents for over 2 weeks

. said:

And you've been deprived of the right to vote? Sucks, dude.

. said:

. said:

What a load of shit.

All my friends who have rich parents, love their parents, love the fact that they could go to college & med school with no debt, unlimited budget, never have to pay rent because the parents just buy them an expensive home/apartment wherever they move, they can quit any job they want, spend years travelling and fucking around, and when they want to work again, their rich extended family will just line them up with a cushy job at one of their subsidiary companies. Want to go to Harvard for your MBA? No problem. Daddy has donated money to his old alma mater, so now junior is nearly guaranteed acceptance. They will never have to worry about money, because they all have multi-million dollar trust funds.

Meanwhile, they see how most Americans live. They see kids coming out of college with $100,000 in debt, and have to work at Starbucks just to make ends meet, just to make the rent for a shitty apartment in Brooklyn with 3 roommates. They see other people getting wiped out by a mere $100,000 medical bill. They see middle class families wiped out by foreclosure on underwater mortgages, crying on the sidewalk with their possessions in a cardboard box.

And the rich kids see that, and say "Sucks to be them"

Some of them do care, and are very generous with their money.

. said:

The worst rich kids aren't kids of the super rich. It's the kids of people who are wealthy but have no class. They have the wealth of the rich, but none of the social graces. These are the people who often have tons of money and blow it on stupid shit to appear they are high class. Real rich people often do things like sit on museum boards and donate to the arts, or they do charity work (even if it is just for show). They have a refinement and a knowledge that its crass and rude to rub money in the faces of other people. Then there are the guys who have money but they are always blowing it on sports cars or cavernous homes they fill with overpriced trinkets that they think make them look like royalty. Everything and everyone to them is measured by money. They have no inner life and the pass their bad taste and stupidity on to their kids.

My dad has money. After I graduate from school he is giving money to go to Europe and travel around. Then he wants me to focus on getting my career started.
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My dad has money too! My dad bought me a 4x4 truck! My buddies from high school are going to go to the beach and get drunk as shit week! Then we're gonna go to Florida for spring break and get smashed again and look at girls titties! Then he gonna buy me a sea doo!
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. said:

Bingo - this is so true. Compounding this is the fact you can never talk about it with anyone because you are taught to keep these issues a secret. If you bring it up with anyone they automatically think of you as spoiled and get feelings of inferiority and jealousy. The issue just festers in your head. This is particularly bad in America which fetishizes money to such a great extent. People view money with a godlike reverence. What they don't seem to get is that for the most part people with money do about the same sort of daily crap everyone else does. Wake up eat get dressed go to work. Try to do something productive, etc. it's sad.

. said:

. said:

She was amazed, because growing up, her parents just had a big jar of money in the kitchen, and anytime she needed money, she just got money from the magical jar of endless money.

THAT JAR SOUNDS JUST LIKE THE FEDERAL GOVERNMENT!
\

. said:

How about the retards who blow their trust funds on $5,000 per month rents in NYC, DC, and SF for the urban experience?

. said:

you mean your dad doesn't own the apartment building and let you live in a unit for free?

. said:

Nah, their parents live in the boring state or town that wouldn't give them the urban experience.

. said:

Nah, their parents live in the boring state or town that wouldn't give them the urban experience.

. said:

You don't understand how rich families live.

The rich parents could live in the midwest, but will buy a nice condo for their kid, wherever he goes. Like he's going to NYU, and the parents will buy a place for him, in midtown Manhattan.

. said:

Some of them are going to places like williamsburg and long island city. Midtown is too expensive for even them.

. said:

Bingo - this is so true. Compounding this is the fact you can never talk about it with anyone because you are taught to keep these issues a secret. If you bring it up with anyone they automatically think of you as spoiled and get feelings of inferiority and jealousy. The issue just festers in your head. This is particularly bad in America which fetishizes money to such a great extent. People view money with a godlike reverence. What they don't seem to get is that for the most part people with money do about the same sort of daily crap everyone else does. Wake up eat get dressed go to work. Try to do something productive, etc. it's sad.

. said:

Wrong. They only care about keeping their ride going. Fucking hate rich people.

. said:

. said:

. said:

peoples' happiness is generally a function of their perceived competitive set. the guy in the biggest house in a working class neighborhood probably has more happiness than the guy with the smallest mantion at the country club. this is pretty well established stuff.

Actually I'm doing that now. If you are young and your neighbors aren't you will be hated and disliked like nothing you've ever experienced.


Doesn't have an affect right away. But after several years it does. and I place next to zero stock in the opinions of other people especially simpletons. However you are still a social creature, whether you choose to be or not.


I'll take the peasant house in a gated, exclusive community any day of the week. I'd prefer to be thought of as poor.

I'm the guy who posted about being retired at 39 and not knowing what to do next. I know dat feel, bro.

. said:

. said:

Lombardo's starting point is the failure of wealth transfers and business transfers within rich families. Why, he asks, do 70 percent of family businesses fail to pass successfully to the next generation? The numbers for the second and third generations are even worse.


x209,881. Seen this played out many times

NO ONE on this board has seen wealth of ANY sort.