Affluent, working elites are probably miserable 99% of the time

With the latest slap event of Macron, I’m reminded that affluent elites under pressure are probably miserable most of the time behind closed doors. Working constantly, toxic people barking up their tree, and every kind of vanity to choose from. Just look at WSO, or your MD. It’s all a “chasing after the wind” even if they have everything they want on paper.

Who is rich, hardworking, and happy in your life? How should we emulate their behavior? Can someone be in Macron or Bezos’ position and be fulfilled? I think so, but everyone in those positions seems to be morally bankrupt or disconnected.

26 Comments
 

And who do you think is happy?  The poor person who can't put food on the table for their family, but at least no one writes mean things about them?

I mean, how judgemental can you be?  Just because you wouldn't be happy in their shoes doesn't mean they aren't.  Your inability to find meaning and joy in your life doesn't imply everyone else has the same problems

 

There's a long field between vapid consumerism and abject starving poverty. At both extremes are unhappiness, but easier to move down to the center from vapid consumerism than to move up to that center from abject starving poverty.  First one needs awareness and conscientiousness, the later needs an almost infinite about of luck and tremendous hard work and amount of time.

 

This is a classic example of self-projection. You would perhaps be miserable in their position. That lifestyle, work ethic (not meaning I denigrate yours but highlight how you approach working & what you're willing to sacrifice vs what they are), and personality type aren't a fit for you. And that's why you are not them. That is why most people are not them. Macron doesn't deserve to even be in the same sentence as Bezos, he's an idiot and clearly had a suspicious rise at Rothschild that had nothing to do with his competence as clearly described by former colleagues. Bezos on the other hand might as well be a different species. People like that are not miserable in the same way you would be if you had to force yourself to work like they do and make the sacrifices they'd made. People at his level have clearly display certain psychopathic traits (not that they're psychopaths) such as a profound level of fearlessness, need for stimulation/risk tolerance, low empathy in leadership/clear focus on power & control, manipulativeness/cold rationality, etc. Because clearly they must have thought about that trade offs to get where they are and obviously felt it was worth it for them to get there. Meanwhile, you're writing about how sad they must be at the top of the economic food chain here instead of on a $400m yacht. 

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 
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Being a politician is never as cool as being an oligarch, particularly one that created one of the world's most valuable enterprises and led the largest fundamental change in commerce up to this point in history. The oligarchs 99% of the time are what choose the politician. Macron was chosen, he did not build himself into what he is. He isn't even in the top 5 of the most impressive politicians France has had in the last 50 years, and after he's out of office he won't be remembered for anything substantial. Bezos on the other hand goes down as one of the most innovative characters in history. They are not in any way comparable.

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

99% of the time, stating random statistics works only 35% of the time.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Name the Chief Financial Officer of Goldman Sachs

You can't. 

These people are miserable because even though they did everything right "on paper" and made a ton of money, they aren't relevant and have no real influence in life. 

 

Why would you assume most rich people want to be socially "relevant" or to have influence over other people's lives? Wouldn't the freedom their careers provides and disassociation from normal life struggles (aside from personal relationships obv) be more often the goal?

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

What I'm basically saying is that there are 20 year old's making +$300K annually posting day-in-the-life vlogs on social media. No college or intelligence requirement other than posting entertaining content. A lot of the "affluent, working elites" followed "the path"... top school, high paying job in IB/FAANG, consulting, PE, etc, and probably passed down the same ideology to their kids, but it no longer works. It's probably got to sting that everything you learned is wrong and few people respect it anymore or find it prestigious 

 

PhantomGhost

Name the Chief Financial Officer of Goldman Sachs. 

You can't. 

These people are miserable because even though they did everything right "on paper" and made a ton of money, they aren't relevant and have no real influence in life. 

I can’t remember his name but think he went to Princeton 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Do you know how many HF PMs / Partners do everything in their power to be secretive? Unless you are a politician or influencer who relies on their image for money, recognition / media can be hell.

 

This suggests there is an inverse relationship between happiness and wealth, which is absurd.  I am like 99% confident that wealthy people are happier than poor people.

 

Ut similique dicta neque rerum eos minima ad dolores. Et iste incidunt autem odit.

incentives trumph ethics

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