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I would be highly surprised to become a billionaire. My number is somewhere above $10M, which I may be able to achieve depending on carry and the performance of the next 2-3 funds I work on.


Long run I don’t think the lifestyle I want to live requires me to be a billionaire at all. I want to have 2 houses paid off - east and west coast, a practical car and a race car, and enough money to retire and travel wherever I want. I just bought my grail watch and don’t expect to buy anything else for 3-5 years. Maybe that altogether requires $15-20M but if I needed to, could get by with under $5M and just live off dividends somewhere cheap. I’ve lived in every corner of the US and can enjoy any region. I’ve been investing since I was a teenager so hopefully compound interest will bridge the gap here.

 

no billionaire is a billionaire because he wanted to be a billionaire. He just got extremely interedted in doing something and he ended up being so good that he made it big.

Only losers dream about being billionaires. The future billionaires dream about being the best out there.

incentives trumph ethics
 
Restless

no billionaire is a billionaire because he wanted to be a billionaire. He just got extremely interedted in doing something and he ended up being so good that he made it big.

Only losers dream about being billionaires. The future billionaires dream about being the best out there.

People who are on the path to a billion want to have billions because billions of dollars mean control. Power and control. Yeah, they are good at something, but they want to move the chess pieces of life in a big way. 

"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
 

Yeah man, why neither of my college dropout parents bothered to help start Microsoft or some other multi-bagger before I was born just so I could be born into a trust fund bugs me every day. Lazy fuckers!

"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
 
PrivateTechquity 🚀GME🚀

Yeah man, why neither of my college dropout parents bothered to help start Microsoft or some other multi-bagger before I was born just so I could be born into a trust fund bugs me every day. Lazy fuckers!

Wow the nerve!!!!

"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
 

A billionaire?! Heavens no! That's not even remotely on the radar.

I just turned 31 and coincidentally just became a millionaire, completely via the boring old-fashioned way. I.e. through index funds, tax management, and diligent savings. And I know that there are some wicked high earners on this forum who are going to think I'm some kind of broke loser for saying this. But, I'm freakin' stoked about it. I grew up in a very modest midwest town and I never thought this was achievable. I always thought millionaires were crazy rich people on TV with Lamborghinis and stuff. And I know that a millionaire now ain't what it used to be in the lexicon of the '90s, but it's still something. And I look forward to the second million being easier than the first.

 

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"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

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