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Reply to "I think we’re severely undercounting billionaires "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I certainly hope that one day my family will be undercounted in that category. [/quote] I don't. Billionaires = sociopaths, zero exceptions. Every single billionaire is a person who could have helped millions upon millions of people while not reducing their own quality of life at all yet chose not to because the number in their bank account is more important than real people's lives. There is virtually nothing you can do with a billion but can't with hundreds of millions so the only reason for the excess is greed so extreme it should be classified as severe mental illness. I don't begrudge people for being ultra wealthy. If you want a superyacht and a private jet and need tens or even hundreds of millions to do it then great, but if you reach the point where additional money does absolutely nothing and keep going you have something so wrong with you that you don't deserve to be a part of society. If you aspire to be a billionaire you're scum, end of story. [/quote] PP you replied to. That's some projecting you're doing. All our wealth is in our stock portfolio comprised of the top S&P500 - how do you think other people become billionaires? You can't get there with salaries. DH and I have very mundane jobs, and we live a frugal life. I calculate that if we bequeath this stock portfolio to our kids, they might be billionaires one day. And yes, it can all evaporate in an Act of God or WWIII. That's fine too. They will have mundane jobs to see them through. [/quote]
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