5min chapter

50 Fires: Money and Meaning with Carl Richards cover image

Dimensional Fund Advisors Co-Founder David Booth on The Birth of Modern Finance and Embracing Uncertainty in Investing

50 Fires: Money and Meaning with Carl Richards

CHAPTER

Defining 'Enough' and the Concept of Wealth

The chapter explores the personal definition of 'enough' by focusing on the process rather than the outcome, emphasizing aligning actions with values as an ongoing journey. It also discusses the significance of wealth, fame, and financial security for the family, highlighting how a certain level of wealth can ease life but also bring about a burden, and reflects on teaching children about money and personal accomplishments.

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